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ClearBank: Expands with new multi-currency offering | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

ClearBank: Expands with new multi-currency offering

ClearBank: Expands with new multi-currency offering

  • ClearBank the UK’s first new clearing bank in more than 250 years. It delivers a new level of open competition
  • Announces the launch of a new multi-currency solution that will reduce friction for fintech and financial institutions
  • API-driven technology and Banking-as-a-Service (BaaS) capabilities have already created seamless payment solutions in Sterling
  • VertoFX, a B2B currency exchange marketplace, and payments platform is the first to use a multi-currency product
  • The new multi-currency offering allows users to transact internationally at a reduced cost and with the greatest ease
  • The technology can be integrated into platforms that currently have a multi-currency offering

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