Cross Border Payments Facilitator Geoswift Receives FCA Authorisation

[kreslik.news]

Geoswift, a provider of cross-border payment solutions, announced today that its UK entity, Geoswift UK, has received authorisation as a Payment Institution from the Financial Conduct Authority (FCA), allowing the company to conduct more efficient end to end cross-border collection and settlement services to and from China.

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Geoswift, which partners with major global banks, financial service providers, payment solutions providers and merchants, is the first China cross-border collection and settlement service to have received FCA approval.

With FCA approval, Geoswift UK will be able to deepen ... (read more)