Account by held by non-bank payment service provider issuing e-money with a deposit- taking institution to deposit the outstanding e-money float.

 The use of technology to facilitate and enhance supervisory processes from the perspective of supervisory authorities. This differs from Regtech, as Suptech is not focused on assisting with compliance with laws and regulations, but on supporting supervisory agencies in their assessment of that compliance. 
 

Regulatory approach that aims to create a ‘safe space’ in which businesses can test innovative products, services, business models and delivery mechanisms in a live environment without immediately incurring all the normal regulatory consequences of engaging in the activity in question.