Episode 3 - How Frontier Tech impacts on Banking - Greengage

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EPISODE 3 – HOW FRONTIER TECH IMPACTS ON BANKING

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Greengage & Co. Limited (“Greengage”) has been appointed as a partner of Equals Connect Limited. Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508). The UK Financial Services Compensation Scheme (FSCS) does not apply to funds held in electronic money accounts.

Greengage or Equals Connect Limited never lend out your money like a retail bank. Greengage is not a bank and does not offer traditional banking services. If Equals Connect Limited were to become insolvent, then the funds returned to Greengage’s clients would only be less than the total held in their account(s) if the costs to arrange repayment and the costs of administrators coordinating the return of customer funds exceeded the regulatory buffer that Equals Connect Limited are required to hold.

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