These Fintech aim to innovate, if not disrupt, the current payment processing model by capitalizing on the opportunities offered by new technologies (e.g. artificial intelligence, biometrics, and blockchain) and current and upcoming regulations, such as PSD2 and the E-Money Directive.
Fintech usually come from a totally different background than traditional payment players and can operate in most cases without a compliancy legacy. At the same time, exactly this might provide them a challenge in understanding the rules and regulations and/or how to achieve full compliance.
