C u b e I Q
Enabling Technologies for Financial Services
iPayments a CubeIQ Limited Division
Welcome to iPayments Web Site for Open Banking Technology and Payments Products and Services.
Today, there are a growing demand for Bank Account Holders to have more control over their financial data and share their financial information securely and electronically with other banks or other authorized financial organizations such as payment providers, lenders, insurance companies and financial service providers.
With CubeIQ’s Open Banking Services a Bank Account Holder can execute transfer and payments from his bank account to other bank accounts via various types of terminal devices.
Open Banking Technology provides greater transparency and data control for Bank Account Holders, and allow new financial services to be provided. Open Banking Technology promote competition, innovation, and customer empowerment in the banking and financial sectors.
The first open banking regulations were introduced by the European Union in 2015, and many other countries have introduced financial regulations related to open banking since.
Open Banking Technology & Payment Services
Open Banking Services
We provide payment services according to the Open Banking standard that is defined in EU Second Payment Directive (PSD2). Our payment solutions are based on IRIS Solutions PSD2 Payment Hub. IRIS Solutions is a payment institution licensed by the BNB for operations in the EU as a payment service provider (TPP) in accordance with PSD2 for account information and payment initiation.
We offer innovative Open banking solutions for Banks, Payment, Financial, Credit Institution, non-Banking Institutions, Insurances, Fintech companies, Commercial companies and others. We apply the highest standard of security and encryption in addition to the security systems applied by banks.
PSD2 HUB
IRIS Solutions PSD2 Payment Hub is a platform that is an aggregator of payment accounts. We successfully integrate all leading commercial banks, non-banking institutions with published Open Banking APIs in the region of East and Southeast Europe. Banks, Financial and Non-Financial institutions integrated into the PSD2 Payment Hub have the opportunity to offer services based on Open Banking.
Through PSD2 Payment Hub each Banks, Financial, Payment and Non-Financial institution can integrate in its digital channels the “Account Aggregation Information Service” (AIS) and the “Payment Initiation Service” (PIS) , delivering open data to other systems according to Open Banking principles and implementing services to consumers such as:
• Personal finance management.
• Development of loyalty programs.
• Enrichment of scoring data.
• Financial and accounting management.
• Development of innovative payment services such as A2A payment and multi-banking P2P Payment.
• New generation of electronic payments, PAY-by-Link and Pay-by-Click.
Open Banking Services Coverage
CubeIQ, a leader in Open Banking Payment Services in East, Southeast Europe and the Balkans, we deliver solutions and services that guarantee security, speed, expertise and proven results in:
- Seven (7) markets.
- Four (4) languages.
- Connecting consumers with seventeen plus (70+) Banks.
- Financial Institutions coverage:
- Bulgaria 99%
- Roumania 75%
- Greece 95%
- Croatia 87%
- Cyprus 82%
Commercial management of our Open Banking Payment and Data Management Services by finitial LLC @ www.finitial.eu
