Following a period of uncertainty, the UK government has confirmed adoption of the EU Cross Border Payments Regulations (CBPR2 or EU2019/518) post Brexit for all requirements in effect as of the 31st December 2020.

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In the midst of the Covid-19 pandemic, it is difficult to anticipate what cross-border travel and spending trends will look like in 2021 and beyond.

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Cambrist has been selected for the EBAday 2020 Fintech Zone. EBADay brings together over 2000 leading industry experts to network and discuss how the payments industry is transforming.

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When the next phase of the CBPR2 (EU2019/518) regulation comes into effect in April 2021, we anticipate material differences in how banks and 3rd party card issuers comply.

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Cambrist’s data processing platform has been certified as PCI DSS Level 1 compliant for its 3rd year.

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Cambrist is delighted to announce that Stuart Green has joined our leadership team as Chief Revenue Officer.

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Issuers face a significant step-up in the requirements of CBPR2 (EU2019/518) on the 19th April next year. From that date, every cardholder must receive a notification detailing the currency conversion charges applied to cross-currency card transactions.

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September 1, 2020 – Cambrist Ltd, one of Ireland’s leading fintech companies, today announces the launch its fxNOTIFY compliance solution with Alpha Bank S.A. in Greece.

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The CBPR2 (EU2019/518) legislation imposed a 19th April 2020 deadline for the initial FX rate transparency requirements for card issuers across Europe.

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Across Europe, project teams within Banks, Card Issuers and Acquirers have begun preparing for the varying requirements of EU2019/518, the new EU Cross-Border Payments Regulation.

By April 2020, now less than six months away, consumers will be able to “pull” comparative pricing directly from their own card issuing bank websites.

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