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ISX Financial EU gains direct access to Eurosystem’s T2 platform for faster, safer cross-border euro, krona, and krone payments.
ISX Financial EU Plc, a Cyprus-based Electronic Money Institution, has gained direct access to T2, the Eurosystem’s real-time gross settlement platform, enabling it to conduct high-value cross-border payments in euros, Swedish krona, and Danish krone without a sponsor bank.
The authorization, granted by the Central Bank of Cyprus, allows the company to manage liquidity directly through central bank accounts, reduce counterparty risk, and strengthen its global payment infrastructure.
It also supports direct SWIFT transactions and positions ISX for future integration with the TIPS instant payment system, which could enable faster, lower-cost cross-currency settlements.
The company is connecting with the Bank of Latvia and finalizing access to the Bank of Lithuania to improve system reliability and support revenue growth.
ISX Financial EU obtiene acceso directo a la plataforma T2 del Eurosistema para pagos transfronterizos más rápidos y seguros en euros, coronas y monedas de Dinamarca.