ISX Financial launches Instant Banking Product

Written by Jamie K | Jun 10, 2022 11:53:50 AM

10th June 2022 : ISX Financial EU Plc is pleased to announce the launch of its new "flykk instant banking" product. 

On the 8th of June 2022, ISX Financial CEO & Managing Director - Mr. Nikogiannis Karantzis, presented the new product to an audience at the IFX Expo International conference. 

The product combines ISX Financial's Instant Banking, Open Banking & Central Banking products. 

By combining ISX Financial's technology core banking stack alongside open banking rails, SEPA Instant & the UK's Faster Payment Service, Mr. Karantzis explained that Instant Banking can truly be an alternative for card scheme acquiring.

 

ISX Financial offers settlements to connected UK institutions through the Faster Payment's Service meaning:

  • Up to £1,000,000 per transfer
  • Settled in 15's
  • Available 365 Days, 7 days a week

Instant Transfers are also available across the EEA through SEPA Instant to all connected institutions, which gives access to:

  • Up to €100,000 transfer
  • Settled under 15's
  • Available 365 Days, 7 days a week

Mr. Karantzis' presentation is available through the button below