There’s a good chance that it’s simply a “brand name” and the parent company are the one’s who are certified. A poster at meister suggests the company that owns the trademark is called “Seed Capital Ltd” who are on the FSA’s approval list.
To me, and it’s purely a guess, this whole thing looks to be a privatised offshoot of Neteller being hurried through to counter the current stalemate on US frozen accounts and for future business. Just a hunch mind, but if it’s right, it means US people will probably get to receive their frozen balances and there will be an opportunity for a new payment processor, albeit with new rules and dimensions I’d guess.
After all, it would be highly surprising if Neteller just sat back and did nothing in the face of this major hit on their business. Similarly it would be highly surprising if they wandered around broadcasting their strategy to all and sundry.