This guide offers an insight into how the insurance method of safeguarding can provide payment service providers with economic benefits, help to alleviate some of the regulatory risks and allow customer propositions to be improved. Launched in mid-2019 our PSD Bond product was the first and still the only safeguarding insurance policy available in the market. PSD Bond has a huge role to play in making safeguarding work better for the benefit of all stakeholders in this complex and fast-evolving sector. It’s being used by an increasing number of APIs and EMIs, including some of the largest and well-known brands.
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