This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
European real-time payments have seen historic growth in recent years.
In fact, some European countries like the U.K., Sweden and Finland have even gone a step further to develop internal payment systems to supplement the Single Euro Payments Area (SEPA) Instant Credit Transfer scheme, a pan-European initiative launched in 2017 that enables ultra-fast euro payments across the region.
According to Martynas Bieliauskas, CEO at Swiss FinTech Klarpay, this upward trend has given banks a stronger foothold in the payment acceptance space, where international card schemes like Visa and Mastercard currently dominate.
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.more information
Your electronic library to help in fighting financial fraud for all of our partners.more information