2022-11-25 09:15:00

Moneycorp partners with BankClarity for cross-border STP

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By Finextra

Source: Moneycorp

Moneycorp, the global foreign exchange and payments provider with over £38bn of trades across 120 currencies, has implemented an API and distribution agreement with BankClarity, the leading banking technology provider to non-bank financial institutions.

The partnership means that BankClarity’s clients can now achieve more competitive foreign exchange and straight-through processing (STP) of cross-border payments, using cutting-edge API technology and global payments solutions. Clients will be able to access live market rates, aggregated from 14 Moneycorp partner banks. This will enhance BankClarity’s existing suite of banking and FX partners.

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