In the industry
As architects of Open Banking, we strive to stay ahead of the curve; driving and influencing the future shape of the financial landscape for the benefit of our customers.
Find out more about the regulatory bodies, standards committees and steering groups we’re part of.
Electronic Money Association
Moneyhub is a member of the EMA; the trade body for electronic money issuers and innovative payment service providers, which includes payment institutions, banks and payment schemes. The EMA provides an industry forum to share issues that impact new means of payment, and provides a means for pursuing these to resolution.
As part of the EMA, we’re involved in negotiating and implementing payment-related European Directives, regulations and legislation, along with developing industry good practice in the areas of compliance and customer service.
FCA Regulatory Sandbox
Moneyhub has been accepted and approved into two separate cohorts of the sandbox. The FCA regulatory sandbox was designed to allow certain approved businesses to test innovative propositions in the market with real customers. The creation of the sandbox stemmed from the realisation that financial services is in desperate need of technological (and other) innovation, but that regulation can often act as a barrier.
FDATA
We are a founding member of The Financial Data and Technology Association. FDATA members provide innovative financial applications and services to empower customers to make better decisions and take more control of their financial lives across all their accounts, credit cards, loans and investments.
FDATA seeks to work with the Government, regulatory authorities and financial industry stakeholders in their mission to open up Britain's financial sector to the benefits of financial data and technology.
We are active within FDATA and our CTO Dave Tonge is FDATA's technical representative. Through our work with FDATA we have represented:
Third party providers on the FCA's PSD2 stakeholder group
FinTechs at the Open Banking Implementation Entity
The UK TPPs at the European Parliament
ISO 27001
Our CTO Dave Tonge is a UK expert at the International Organisation for Standardisation (ISO), working on a global standard for financial APIs. ISO is an independent, non-governmental international organisation with a membership of 161 national standards bodies.
Through its members, it brings together experts to share knowledge and develop voluntary, consensus-based, market relevant International Standards that support innovation and provide solutions to global challenges.
OpenID
We are also active in the standards space, working with the OpenID Foundation's financial API group to develop secure standards for financial APIs. The foundation serves as a public trust organisation representing the open community of developers, vendors and users. OIDF assists the community by providing infrastructure and help in promoting and supporting expanded adoption of OpenID.
Open51
CEO Samantha Seaton is a proud member of Open51, The Association of Women Delivering Open Finance. Open51 exists to promote the voices of the women leading open finance – entrepreneurs, technologists and business innovators - those who are aiming to build a new data-driven era of financial services that demands a new way of working.
Pensions Dashboard Industry Delivery Group
In 2019, Moneyhub’s CEO Samantha Seaton was confirmed as a member of the Pensions Dashboard Industry Delivery Group (IDG).
The IDG is an independent group responsible for developing the required data standards, technology and governance to enable pensions data to be made available via multiple dashboards. The pensions dashboard will be transformative in influencing how UK consumers engage with their retirement savings.
The Investing and Saving Alliance (TISA)
Moneyhub belongs to TISA, The Investing and Saving Alliance (TISA). TISA’s ambition is to improve the financial wellbeing of UK consumers by bringing the financial services savings industry together to promote collective engagement, to deliver solutions and to champion innovation for the benefit of people, our industry and the nation.