Project Banking Access

Mission Statement: To help the payments industry support EMIs, PIs, digital banks, and merchants to open and keep open bank accounts for safeguarding funds and everyday trading, and to secure widely accepted understanding of the scale and nature of de-risking and its impact on financial services and businesses.

Project Banking Access sets out to improve perceptions of the quality, legitimacy and credentials of ‘e-money’ among banks providing account services (and the wider ecosystem) and to provide practical support for licensed institutions (EMIs, PIs, banks) and businesses to help them get and keep accounts with those ‘open for business’.

Project Banking Access will provide commentary (where appropriate) on relevant news stories news stories through pre-prepared statements. Through the publication of statements on policy, Project Banking Access will likely engage with both the payments industry and national press.

Project Banking Access will engage with key regulatory and governmental bodies to champion the industry’s concerns regarding de-risking and lack of access to business banking, and to drive beneficial change on regulation and policy.