Equals joins Confirmation of Payee anti-fraud scheme
Equals has joined the Confirmation of Payee (CoP) anti-fraud scheme operated for UK payments.
Equals has joined the Confirmation of Payee (CoP) anti-fraud scheme operated for UK payments.
International payments group Equals announces the launch of its new FairFX B2C ‘Linked Cards’ products.
This capability is intended to become part of a wider strategy which would include crypto and decentralised finance (DeFi) for Equals.
The retail card product was further negatively impacted by the wind-down of Wirecard and migration of the Group’s card infrastructure.
Equals will bolster HomeSend activities in the UK, further enabling customers to send money to UK bank accounts in real time.
The international payments business of Effective FX consists of upwards of 200 corporate clients from a wide range of industries.
This change is part of an orderly transition of a wider succession plan, which saw Alan Hughes replace John Pearson as Chairman in June 2020.
Equals Group Revenue per day of £114k in Q3-2020 to date is much improved over £93k per day in Q2-2020.
It looks like another mini shareholder revolt has taken place in the FX space. And, was done quietly and successfully.