Meridian and our partners take security and compliance extremely seriously. It’s paramount to protect both our clients and ourselves. Our payment providers invest heavily into maintaining the strictest levels of security throughout their entire infrastructure.
We strategically chose to partner with one of Europe’s fastest growing Financial Technology (FinTech) companies, Ebury Partners UK Ltd. They are one of the best funded FinTech companies in Europe and transacted over £11.2 billion last year with over 35,000 clients. Our decision to partner with Ebury was due to their deep levels of liquidity, seamless operational capabilities and strict security measures, which all ensure a quick, secure and efficient service.
Ebury Partners UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) as an Electronic Money Institution (Ref. Number: 900797, click here for further information). As such, client funds are always held in segregated accounts, entirely separate from their own operating accounts, meaning client funds are completely ring-fenced, secure and can never be claimed by any creditors. This means that, in the unlikely event of Ebury’s insolvency, your funds will be fully protected and an administrator will reimburse you from the safeguarded funds.
RING-FENCED CLIENT ACCOUNTS
Funds always fully protected & segregated as per FCA regulations.
STRICT SECURITY CONTROLS
Two-factor authentication, IP restriction, & real-time intrusion detection systems.
MULTIPLE LEVELS OF AUTHORITY
Divide up users’ roles & online permissions. Advanced 10-eyes processing technology.
TIER 1 BANKS
All client funds securely stored in Ebury’s accounts with Tier 1 banks.
ROBUST INTERNAL RISK MANAGEMENT
Strict governance & operational processes to scrutinise the accuracy of all transactions.
ADVANCED CLOUD TECHNOLOGIES
Production environments hosted using advanced cloud technologies.
If you need further information about security then please just ask and we will be happy to assist. Please also see a link to our security statement below