BankClarity partners with Moneycorp to deliver global FX purchasing power and STP of cross border payments
Moneycorp’s cutting-edge API integration will provide new access to 120 currencies with live market rates
5 minute readMoneycorp, 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.
Moneycorp’s payments API provides the building blocks for safer, speedier and more secure global payments. Moreover, their optimised network minimises payment processing delays and failures, further streamlining payment services through BankClarity.
Specifically, the agreement will hugely benefit global providers of administration services to international corporations, trusts and funds.
“As two progressive businesses with a relentless focus on solving client needs, it’s brilliant to see our partnership with BankClarity flourish. Implementing Moneycorp’s expertly engineered payments API will streamline foreign exchange and cross-border payments for BankClarity’s clientele. Our highly valued expertise means that BankClarity clients will have the best service on offer, and we know it will provide efficiency and power growth at every stage.”
-Francesco Giovanni Ghizzardi, Head of Payments Solutions of Moneycorp
“As two progressive businesses with a relentless focus on solving client needs, it’s brilliant to see our partnership with BankClarity flourish. Implementing Moneycorp’s expertly engineered payments API will streamline foreign exchange and cross-border payments for BankClarity’s clientele. Our highly valued expertise means that BankClarity clients will have the best service on offer, and we know it will provide efficiency and power growth at every stage.”
-Aidan McAvinue, Chief Executive of BankClarity
For more information, please get in touch with:
Moneycorp EMEA PR team:
Elizabeth James - elizabeth.james@commonindustry.co.uk (Senior Account Manager)
Maliha Reza - maliha.reza@commonindustry.co.uk (Senior Account Executive)
Or visit: www.moneycorp.com
BankClarity team:
William Ismay – william@bankclarity.com (Treasury Operations Director)
Ben Morgan – ben@bankclarity.com (commercial Director)
Or visit: www.bankclarity.com
About Moneycorp
Moneycorp is a leading payments services provider for banks, businesses, and individuals.
Thousands of customers and partners globally trust Moneycorp for its dependable service and cutting-edge technology. Consistently at the forefront of the market, Moneycorp focuses on creating a balance between shaping the future of the payment industry and building meaningful relationships.
Moneycorp is committed to helping customers navigate the complex world of global payments.
About Bankclarity
BankClarity provide a global Banking Hub as a single interface for all transactional and treasury activity for firms that manage multi-party, multi-banked, cross-border financial transactions. Fully integrated with accounting systems and leading banks, BankClarity serves some of the world's most complex and heavily regulated global institutions.
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