The Central Bank of Ireland recently announced that it was writing to all Regulated Financial Service Providers in the country, as well as a range of business and professional representative bodies, to remind firms of their obligations to prevent IBAN discrimination. What is IBAN Discrimination?...
In the context of European banking, customers increasingly expect real-time transactions, transparent exchange rates and reasonable transfer fees. In practice, however, the way banks operate doesn’t always align with customer demand. When it comes to intra-European payments, two barriers currently inhibit the fast, free and...
The freight payments space may be exploring how autonomous and connected vehicles could promote payments automation for fleets, but investors today are hoping to start with just getting those autonomous vehicles on the road, first. This week, the largest funding round went to a B2B...
B2B payments and international money transfer company B2B Pay has announced plans to become a regulated financial institution, and is looking to investors to fuel its growth. In an announcement sent to PYMNTS, B2BPay Founder and CEO Neil Ambikar said the company will pursue becoming...
June 23, 2022
In the context of European banking, customers increasingly expect real-time transactions, transparent exchange rates and reasonable transfer fees. In practice, however, the way banks operate doesn’t always align with customer demand. When it comes to intra-European payments, two barriers currently inhibit the fast, free and open flow of money on the continent, including the slow […]
