There is a new associate member of the British Insurance Brokers’ Association (BIBA) – one that claims to offer a real alternative to the big banks.
Incoming is international payment facilitator fintech WorldFirst, which, since its inception in 2004, has been focused on making the movement of money easier and cheaper, with around 250,000 customers using its services to date.
Now it will help brokers and their customers to collect and convert payments around the world – and this flexibility is something Daniel Howe, the managing director for EMEA at WorldFirst, believes will be truly beneficial.
“Our customers really value the flexibility and certainty our services provide,” he said. “Businesses benefit from holding free overseas accounts in up to 10 different currencies and the ability to collect, hold and make payments globally in more than 130 currencies all with our award-winning 24-hour customer service. We are sure that brokers will appreciate the ease of making international transactions through us which is why we are delighted to have become a BIBA associate member.”
Meanwhile, BIBA CEO Steve White noted that solutions like these are “essential” as international trading continues.
