For Payment Institutions

Fynrex is built for the specific NCA reporting obligations of EU/UK-authorized payment institutions under PSD2 — not a generic compliance tool repurposed for regulatory reporting.

Scenario

A typical quarterly PSD2 reporting cycle with Fynrex

  1. 01
    6 weeks before deadline — Schema check
    Fynrex has already detected and notified about any schema version changes since your last submission. Your compliance officer receives an impact report, and Fynrex has pre-generated a compliant test package against the new schema version.
  2. 02
    3 weeks before deadline — Package generation
    Fynrex generates your quarter-end report package from your transaction data extract. The package is validated against the current schema version for each covered NCA. Any validation failures are surfaced with field-level detail.
  3. 03
    Submission window opens — One-click delivery
    Packages for each NCA are ready. Your compliance officer reviews the pre-deadline status dashboard and initiates submission via SFTP or manual portal upload. Confirmation codes are captured and archived automatically.
  4. 04
    Post-submission — Audit trail complete
    Every submission event is logged: schema version used, timestamp, confirmation code, and the specific compliance officer who initiated the submission. The record is available for NCA examination immediately.
Why Fynrex

Built for payment institution compliance teams

  • Schema change detection before rejection
    Know about NCA schema version changes within hours of publication — not after a submission is rejected.
  • Multi-NCA single workflow
    Institutions authorized across multiple jurisdictions manage all NCA submissions from a single platform — no separate tools per regulator.
  • Compliance officer time reclaimed
    Fynrex customers report recovering 1–2 weeks of compliance officer time per quarter that was previously spent on manual XML validation.
  • Penalty exposure reduced
    Deadline misses and technical rejections are the two primary sources of NCA penalty exposure for payment institution compliance teams. Fynrex addresses both.

Purpose-built for payment institution PSD2 reporting

Request Access View Pricing