Revolutionizing the Payments Landscape: An Interview with ISX Financial CEO Nikogiannis Karantzis

All your financial transactions, electronic funds, and customer identification solutions in one place.

We’re an international financial technology company committed to improving the onboarding and payment experience, making it more secure for individual and corporate clients.

Tune in as our CEO, Nikogiannis Karantzis, provides insights into how ISX Financial can enhance your business operations.

**What is the primary objective and overarching target of ISX Financial within the payments sector?**

Established in 2015, ISX Financial is a multifaceted, publicly listed financial technology firm with over 10,500 investors, specializing in banking technology and regulated financial solutions. We have developed, patented, coded, and implemented a core software technology infrastructure to address the distinct requirements of our clientele.

**What are your aspirations?**

Our vision is to establish a banking framework specifically designed to meet the demands of contemporary consumers and enterprises. Our goal is to make real-time bank transfers as effortless and user-friendly as using a payment card.

**Could you elaborate on ISX Financial’s fundamental offerings and what sets them apart within the payments industry?**

ISX Financial delivers a comprehensive array of end-to-end regulated solutions encompassing all our business verticals. These solutions include immediate interbank fund transfers, digital assets, card transaction processing, card issuance, foreign exchange services, and identity authentication services.

**Rapid Transfers:**

Our clientele benefits from a diverse range of user-friendly methods for sending and receiving funds through our services. These encompass immediate SEPA transactions within Europe, conventional SEPA transfers, and exceptionally swift FPS payments for the United Kingdom.

For instance, our instant SEPA facility enables real-time interbank transfers to any participating financial institution within the European Economic Area (EEA). Likewise, our expedited Payments service facilitates real-time interbank transfers to any participating financial institution throughout the UK.

These instantaneous SEPA transfers are finalized within 10 seconds, accommodating a maximum sum of €100,000 per transaction. Faster Payments are also processed within 10 seconds but permit a considerably higher threshold of £1,000,000 per transaction.

ISX Financial held the distinction of being the first entity in both Cyprus and the Balkans to provide instant SEPA payments! This achievement enabled us to spearhead real-time payments across the EEA. Subsequently, we have evolved into one of the most prominent processors within the region, catering to other banks, credit unions, payment processors, and their respective business clientele.

**Financial Services:**

Furthermore, our customers can engage in direct banking activities with us through our central banking infrastructure. This platform interconnects all of our financial services. Moreover, all customer funds are deposited directly with the corresponding central banks. This approach guarantees zero credit risk and a secure core banking service.

We have recently broadened our offerings to encompass SWIFT transfers. This expansion empowers you to transmit funds globally, in more than 25 currencies, encompassing popular options such as US dollars, Canadian dollars, Hong Kong dollars, Australian dollars, Indian rupees, Japanese yen, and British pounds.

**Payment Card Services:**

The ISXPay platform for processing payments collaborates with industry giants to provide conventional merchant services. We’re referring to major players like Visa, Mastercard, Discover, UnionPay, and JCB—we hold significant memberships with each of them. Our robust relationship with American Express further strengthens our network. This connectivity with all the primary card networks enables us to establish a truly resilient payment system.

The payments sector is in perpetual flux—what’s your outlook on its trajectory, and what lies ahead for your company?

Technological advancement will be the pivotal element in determining the leaders within this sector. Therefore, we are heavily invested in research and development, securing intellectual property rights, and expanding upon existing technologies. We are revolutionizing payment processing because modern consumers demand instantaneous transactions. We firmly believe that open banking holds the key to the future, with real-time bank transfers at its core. Our proprietary open banking platform already facilitates payments in under 10 seconds, available around the clock. This presents a stark contrast to traditional card payments that can take days to finalize.

With a global clientele, we are a truly international enterprise. While our headquarters reside in Cyprus, we maintain offices in the United States, the United Kingdom, Lithuania, the Netherlands, and Malta. Our expansion plans don’t stop there—Canada and Brazil are next on our horizon.

Eager to delve deeper? Explore our website: https://www.isx.financial/