IDT Finance, a trusted provider of tailored payment solutions, and ClearBank, the enabler of real-time clearing and embedded banking, today announced a partnership to deliver enhanced payment capabilities to businesses. This collaboration means that IDT customers will be able to offer a wider range of financial services, including branded payment cards, instant payments, and account management, without the complexities of traditional banking infrastructure.
By leveraging ClearBank’s cutting-edge banking technology, IDT Finance will be able to offer its clients access to a comprehensive suite of financial services, including:
IDT’s partnership with ClearBank directly addresses key challenges faced by businesses in today’s competitive landscape:
“Our partnership with ClearBank aligns perfectly with our philosophy of growing together,” said Rob Darby, Head of Sales at IDT Finance.
“Our enthusiastic, creative, and inquisitive approach means we’re always looking for ways to improve our offerings and exceed client expectations.”
“Having been offering BIN Sponsorship services for almost 20 years we are also able to provide the stability and expertise businesses need to succeed, thanks to our long-standing reputation in the sector and the strong backing of our well-established parent company.”
John Salter, Chief Customer Officer at ClearBank, said: “ClearBank is always looking for partners with a similar client-focused philosophy—in IDT, we have found one. Through IDT, we can help more companies experience the unique power of the ClearBank platform and the products and services we can deliver. This is an exciting partnership to watch.”
To learn more about how IDT Finance and ClearBank can help your business, you can contact Rob from IDT Finance at bd@idtfinance.com.
Ends
IDT Finance is a regulated bank licensed by the Gibraltar Financial Services Commission and a financial institution licenced by the Malta Financial Services Authority specialising in BIN sponsorship and payment card issuance. Backed by NYSE-listed IDT Corporation, it offers tailored financial solutions across the UK, Gibraltar, Israel and the EEA, including prepaid and debit card programs for various sectors.
ClearBank is a purpose-built, technology-enabled clearing bank. Through its banking licence and intelligent, robust technology solutions, ClearBank enables its partners to offer real-time payment and innovative banking services to their customers.
ClearBank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 754568).
ClearBank Europe N.V. is authorised by the European Central Bank (ECB) and supervised by the De Nederlandsche Bank (DNB).
Visit www.clear.bank for more information.
For more information:
Contact Rob Darby on:
Email: bd@IDTfinance.com
IDT Financial Services Ltd
PO Box 1374
2nd Floor
10 Cannon Lane
Gibraltar
GX11 1AA
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