BC-based financial services provider Central 1 announced this week that it has established a strategic partnership with Canadian financial technology firm Flinks. The collaboration between the pair introduces open banking functionality to Central 1’s credit union members and financial institution clients, which the company describes as “an important step in enabling open banking opportunities and […]
Central 1
Central 1 Launches International Transfers for Cross-Border Transactions
In 2016, Statistics Canada estimated that 1.6 million households sent at least $500 internationally to relatives and friends. To date, the options to do so have been limited, expensive – due to poor exchange rates and high fees – and time-consuming. Thanks to Central 1, it’s getting a bit easier to send money to loved […]