Source: Cambrist
Cambrist Ltd, one of Ireland’s leading fintech companies, today announces the launch its fxNOTIFY compliance solution with Alpha Bank S.A. in Greece.
Cambrist’s fxNOTIFY product suite provides Alpha Bank with a fully managed solution for compliance with the European Union’s crossborder payment regulation (EU 2019/518) and ensures that Alpha Bank presents timely and accurate foreign currency card payment pricing to its customers.
Mr. Jacob Claflin, Cambrist’s co-founder & CEO said, “We are very pleased to announce the further expansion of our compliance services with the launch of fxNOTIFY with Alpha Bank in Greece. As businesses & consumers exit this period of Covid-19 restrictions and begin to travel again, crossborder pricing and cost transparency is more important than ever.”
Mr. Grigorios C. Politis, Manager Cards and Personal Loans Division said, “Cambrist’s fxNOTIFY solution provides the foreign currency data management services we required, as we strive to provide the crossborder payment pricing transparency required by the regulation and expected by our Customers.”
Cambrist’s fxNOTIFY solution automates foreign currency cost calculations associated with payment card transactions and delivers relevant exchange rate information to cardholders, pursuant to the EU crossborder payment regulation (2019/518).