On 22 May 2018, FTCS has given notice to attend an extraordinary shareholders meeting (EGM) to be held on 5 June 2018 at 13.00 CET on FTCS HQ at Kungsgatan 8, Stockholm.
Aktieägarna i Financial Transactions Control Systems Sweden AB (publ), 556965-3537, kallas härmed till extra bolagsstämma tisdagen den 5 juni 2018, klockan 13.00 på KG10, Kungsgatan 8, 2 tr i Stockholm
After months of hard work, FTCS is proud to announce that we are now live with our e-voucher platform in Brazil. In order to assure quality of the full scale roll out, our two pilot merchants in Paraguay will now introduce and enable the service to their customers in a live pilot phase.
FTCS has signed a letter of Intent with Arkea a subsidiary of Crédit Mutuel of France, to connect to the SEPA system for Euro payments as a SEPA participant. This will enable FTCS to offer SEPA credit, instant credit, and direct debit, using FTCS own IBAN.
Now the second Payment Services Directive has been implemented in Sweden, from this date the new Payments Services Act is in force. The purpose of the law is improve the market for electronic payments, 2018 is set to be changing year for retail banking.
FTCS is proud to announce that we have been approved as a principal member of both Visa and MasterCard. We are now starting our implementation process, we expect to be live on the two networks in October 2018.
Finansinspektionen, has asked all Swedish electronic money issuers, and payment institutions to re-apply due to the new PSD2 regulations. FTCS will comply with the request within the timeline.
FTCS has agreed with Saxo Payment in the United Kingdom to make use of their payment system to allow corporate customers to instantly receive and issue payments in multiple currencies.
FTCS has started the process to join SWIFT as a member institution, this will enable FTCS to access the interbank market using the SWIFT secure communication protocol, this is according to our established strategy develop our own payment and foreign exchange clearing facilities.
FTCS has agreed with Banco BS2 of Brazil to provide its e-voucher platform with card acceptance, voucher issuance and redemption services to partners of Banco BS2. Brazil is the largest market in Latin/South America, where we together with Banco BS2 has spotted a substantial niche market in cross boarder sales mainly between Brazil and neighbouring countries like Paraguay, Uruguay, and Argentina.