Following a period of uncertainty, the UK government has confirmed adoption of the EU Cross Border Payments Regulations (CBPR2 or EU2019/518) post Brexit for all requirements in effect as of the 31st December 2020.
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In the midst of the Covid-19 pandemic, it is difficult to anticipate what cross-border travel and spending trends will look like in 2021 and beyond.
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Cambrist has been selected for the EBAday 2020 Fintech Zone. EBADay brings together over 2000 leading industry experts to network and discuss how the payments industry is transforming.
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When the next phase of the CBPR2 (EU2019/518) regulation comes into effect in April 2021, we anticipate material differences in how banks and 3rd party card issuers comply.
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Cambrist’s data processing platform has been certified as PCI DSS Level 1 compliant for its 3rd year.
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Cambrist is delighted to announce that Stuart Green has joined our leadership team as Chief Revenue Officer.
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Issuers face a significant step-up in the requirements of CBPR2 (EU2019/518) on the 19th April next year. From that date, every cardholder must receive a notification detailing the currency conversion charges applied to cross-currency card transactions.
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September 1, 2020 – Cambrist Ltd, one of Ireland’s leading fintech companies, today announces the launch its fxNOTIFY compliance solution with Alpha Bank S.A. in Greece.
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The CBPR2 (EU2019/518) legislation imposed a 19th April 2020 deadline for the initial FX rate transparency requirements for card issuers across Europe.
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Cambrist Ltd, one of Ireland’s leading fintech companies, today announces its entry into the Swedish market with the launch of its fxNOTIFY solution with Länsförsäkringar Bank AB.
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Across Europe, project teams within Banks, Card Issuers and Acquirers have begun preparing for the varying requirements of EU2019/518, the new EU Cross-Border Payments Regulation.
By April 2020, now less than six months away, consumers will be able to “pull” comparative pricing directly from their own card issuing bank websites.
The amended EU Cross-Border Payment Regulations (924/2009) come into force in April 2020; less than six months away. The amendment creates a common approach for issuers and acquirers to communicate the price of cross-border (FX) transactions to consumers and heralds a new era in pricing transparency on cross-border activity.
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The European Commission has published a new regulation on cross border payments which radically increase transparency on currency conversion costs. In this article, our CCO, Ross Leonard, expands on the implications for Banks and how the neo-banks have a head-start in meeting the new regulatory requirements.
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Great event last night at Raiffeisen Bank International AG Elevator Lab Demo Day...
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