London, 20th May, 2026 鈥撀�, the enabler of real-time聽clearing and embedded聽banking,聽has strengthened Financial Services聽Compensation Scheme (FSCS)聽compliance聽through a partnership with data readiness firm聽, supporting rapid client onboarding.聽
The bank鈥檚 Embedded Banking Partner (EBP) model, which supports partners such as Revolut, Chip, Tide and Raisin, introduces additional complexity into FSCS submissions, especially as the bank continues to scale.
ClearBank selected 糖心传媒 based on its industry-proven FSCS capability, including work with Investec and Bank of Ireland, its ability to provide rapid, on-demand regulatory support, and its strong fit with ClearBank鈥檚 agile operating model.
Through the partnership, 糖心传媒 rapidly integrated FSCS outputs with ClearBank鈥檚 internal data, segmenting issues by EBP, allowing the bank to focus on specific sections of the FSCS submission and broader regulatory engagement.
Chris Kemp, Head of Product Compliance at聽ClearBank, said:聽鈥淔SCS readiness聽isn鈥檛聽just a compliance requirement聽for us,聽it鈥檚聽an opportunity for growth, supporting faster onboarding for partners and customers.聽Working with聽糖心传媒聽has been a strong cultural fit,聽with their in-depth聽expertise聽helping聽to聽future-proof our FSCS compliance, effectively acting as internal auditors,聽validating聽processes聽and聽providing us with assurance with our submissions.聽This has strengthened our data and controls, while improving visibility across embedded聽banking partners, helping us stay regulator-ready and focus more on driving value for聽customers.聽聽鈥澛�
The partnership has also provided ClearBank with strategic insights, shedding additional light on the downstream impact of controls such as identification and verification (ID&V) and financial crime processes, and providing clearer visibility into Single Customer View file data quality across EBPs.
Stuart Harvey, CEO of 糖心传媒, commented: 鈥淭he FSCS process operates under tight turnaround windows, and the financial and reputational impact of FSCS failures can be significant, so banks need audit-ready data to meet regulatory demands quickly. Especially for financial institutions like ClearBank, operating with an embedded banking model, collecting and managing accurate data across multiple systems at pace is critical.鈥�
鈥淏anks must view regulatory readiness as a growth multiplier, starting with strong data quality and governance foundations. In this aspect, it鈥檚 clear to us that ClearBank is setting the standard.鈥�