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What are APIs and how are they reshaping the financial industry?

POSTED ON: 29 Mar, 2019

What are APIs and how are they reshaping the financial industry?

Those involved in the sphere of finance have sure noticed the recent overflow of information on the topic of open banking. This fairly new concept is expected to bring around a set of challenges and possibilities for the companies that operate in the industry. Although it is not yet clear…

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Instant SEPA Credit Transfer – a game changer for your business

POSTED ON: 13 Feb, 2019

Instant SEPA Credit Transfer – a game changer for your business

The ability to offer instant services is one of the main factors driving businesses today. Customers want things to be done now, not later, without any delay. Financial services and international payments being no exception. If you are doing business in the Single Euro Payment Area (SEPA) you have probably…

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Everything you need to know about IBANs

POSTED ON: 10 Jul, 2018

Everything you need to know about IBANs

An International Bank Account Number or IBAN is your account number in a format, which is standard across countries. It was created in order to assure superior security while transferring the funds and accelerate the process itself. IBAN helps international payments to be processed automatically and significantly reduces manual input…

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All the ways how Instant SEPA Credit Transfer can help your business

POSTED ON: 3 Jul, 2018

All the ways how Instant SEPA Credit Transfer can help your business

If you operate in the Single Euro Payment Area (SEPA) you have probably heard about Instant Credit Transfer (SCT Inst) scheme which was created by the European Payments Council (EPC). It went live in November 2017 and enabled transferring funds across Europe in less than 10 seconds at any time…

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