Ramp's UK privacy notice was revised to clarify its role in regulated financial services. The previous language stated Ramp provides regulated account information services as an agent of Plaid Financial Ltd.; the updated language states that for applicable parts of the Services, Ramp acts as an agent of Plaid, and Plaid provides regulated account information services through Ramp. This represents a clarification of the service delivery structure and regulatory roles, with no material change to the underlying regulatory framework or Plaid's FCA authorization.
low severity
1Sentences added
0Sentences removed
1Sentences modified
392Sentences before
393Sentences after
Added
Removed
Modified
Before
After
391
Additional Information for UK Residents Ramp provides you with regulated account information services as an agent of Plaid Financial Ltd., an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Registration Number: 804718) for the provision of payment services, including account information services.
391
Additional Information for UK Residents For purposes of certain regulated financial services in the UK, Ramp is an agent of Plaid Financial Ltd., an authorized payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718).
392
For those applicable parts of the Services, Plaid provides you with regulated account information services through Ramp as its agent.
Stay ahead of the changes
Watch this before it changes again
Follow unlimited companies, monitor the clauses that matter across every platform, and get the full institutional analysis on what each change obligates you to do.