The founders of fintech startup, Cambrist, Jacob Claflin, Blake Newman and Victor Mikhailov are men on a mission. They say that traditional debit and credit cards have worked the same way for over 60 years and that the sector is ripe for disruption. In particular the founders want to drive a sea change in how international consumer payments are made. To this end they have developed a cloud-based foreign currency exchange processing engine to make it happen. “Our aim is to connect two worlds that currently operate separately: consumer payments and the wholesale foreign exchange market. By bringing them together, consumers will get more value and banks can increase their revenue,” Jacob Claflin explains. Read more: irishtimes.com
