Cambrist and PerfectCard launch Multi-Currency Optimization Service

Wednesday, 14 June 2017 – Cambrist Ltd, one of Ireland’s newest break-through, Fintech start-up companies, and PerfectCard DAC, Ireland’s first authorised eMoney institution and a leading provider of incentive and gift card solutions, are pleased to announce the launch of Cambrist’s Issuer Multi-currency Optimization (MCO) solution.

The partnership with Cambrist provides PerfectCard with the ability to optimize how foreign currencies are processed and managed across its Mastercard® products and create a platform for new & innovative expense services in the future.

Jacob Claflin, Cambrist’s founder & CEO said, “We are thrilled to launch our first Issuer MCO service with PerfectCard. Less than a year ago, our team came together to build a business that empowers banks and eMoney issuers to take control of how foreign currencies are managed across their payment card programs. We are very proud to bring our service live today with such a great partner in PerfectCard.”

Nikki Evans, PerfectCard CEO said, “We believe in helping new, Irish start-ups succeed. We also saw a clear benefit to our core business in working with Cambrist to give us more control & flexibility in how the foreign currencies are managed in our card programmes. We look forward to taking this service further and deliver more value to our clients over the long-term.”

About PerfectCard

PerfectCard, based in County Wicklow is all about helping its customers create a happy workforce. Its PerfectIncentive solution, accepted at 32 million locations worldwide, provides companies with a way to incentivise employees by letting individuals decide for themselves what makes them happy.

If you would like to learn more about PerfectIncentive, please visit www.perfectincentive.io.

About Cambrist

Founded in 2016, Cambrist Ltd is an Irish Fintech that provides multi-currency processing solutions to retail banks, eMoney issuers and related processing partners within the card payments value-chain. Cambrist is a graduate of the Accenture Fintech Innovation Lab, the Enterprise Ireland New Frontiers Programme and the winner of the 2017 PwC Docklands Innovation Award.

Learn more about Cambrist at www.cambrist.com or contact us at info@cambrist.com.