What are the Fintech Onboarding Guidelines?
Tech Nation’s Fintech Delivery Panel, with the UK’s 5 biggest banks and input from UK fintech startups, have created essential, definitive onboarding guidelines for fintechs and other SMEs looking to work with large financial institutions.
Engaging with large financial institutions can seem like a daunting endeavour for a starting or scaling company. This document explains what is expected from companies looking to work with the big banks. It goes into important aspects of the interaction like the qualification process, things to consider in your market positioning, and other key points to bear in mind when talking to a large regulated entity, such as due diligence on your third-party technology providers.