Cambrist Enters Swedish Market with Launch of fxNOTIFY

Cambrist Ltd, one of Ireland’s leading fintech companies, today announces its entry into the Swedish market with the launch of its fxNOTIFY solution with Länsförsäkringar Bank AB. 
 
Cambrist’s services enable Länsförsäkringar Bank AB to comply with the European Union’s crossborder payment regulation (EU 2019/518) in a seamless manner and provide timely & accurate foreign currency card payment pricing transparency to its customers.


Ross Leonard, Cambrist’s Chief Commercial Offer said, “We are very excited to serve the needs of Länsförsäkringar Bank AB by launching our fxNOTIFY solution for their payment card programme and ensure full compliance with this year’s EU 2019/518 requirements.” 

Cambrist’s fxNOTIFY solution centrally aggregates card scheme foreign currency rates & banking crossborder payment fees and provides automated cost comparison to European Central Bank currency rates, which card issuing banks can access via API or a fully managed website solution. fxNOTIFY is designed to support all phases of the EU crossborder payment regulation (2019/518) as defined by both the 2020 and 2021 mandates.


About Länsförsäkringar Bank AB


Länsförsäkringar Bank AB is a customer owned bank with a strong local presence in Sweden. In just 20 years of operations, it has become the fifth largest retail bank and has Sweden’s most satisfied retail customers according to the Swedish Quality Index (SKI). It is also a leader in digital banking services, and has won awards for Sweden’s best mobile bank, best app and mobile website.

Learn more about Länsförsäkringar Bank AB at www.lansforsakringar.se
 
About Cambrist Ltd.
Cambrist Ltd provides SaaS data processing to solutions to retail banks, e-money issuers and their processing partners within the crossborder card payments value-chain.  Cambrist is a graduate of the Accenture Fintech Innovation Lab, the Enterprise Ireland New Frontiers Programme and the winner of both the 2019 Ireland National Startup Awards and 2017 PwC Docklands Innovation Award.

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