Immediate Issuer Compliance for Regulation (EU) 2019/518 on cross border financial transactions
Educating consumers about the costs of DCC offers a significant margin generating opportunity for issuing banks so their cardholders form the habit of trusting issuer exchange rates over Dynamic Currency Conversion (DCC).
"Everyone is far behind and scrambling for a solution to a complex set of problems at the moment - very interesting to see what the Regulert team are solving"
"These are a set of new requirements that feel like they may have a PSD type impact on our compliance, communications, marketing and technical teams "
"I find it very hard to see any bank, processor or other vendor being able to built a prototype let alone a scalable solution in time to meet the regulatory requirements - Regulert is a no brainer"
Files coming soon.