With advancements overtaking the world of finance such as blockchain technology, there is a need for an innovative neobank to be able to manage people’s financial needs effortlessly. CFX Quantum creates a Neobank, which operates exclusively online, eliminating the need for physical offices. The Neobank domain is a new domain that has the potential to grow massively, especially with the growth of online banking, blockchain technology, decentralized finance, and other breakthrough financial features. CFX Quantum started its Neobank 01QUANTUM project in Europe, with plans to expand to other parts of the world over time. The rate of expansion will be based on certain financial and operational factors. His Neobank regime begins in Spain and Italy, with plans to expand to all corners of the European Union market within a year. Neobank will operate efficiently with a transparent mobile banking interface and the prepaid card issued by Optherium. To make sure CFX’s Neobank is efficient, it partners with one of the best in digital finance, Optherium.
CFX partners with Optherium Labs
CFX only partners with the best in the niche it is in, and Optherium Labs has the necessary experience in blockchain technology. To its credit, Optherium Labs has an intriguing network of financial partners. The partnership allows CFX’s Neobank users to enjoy a league of financial products and services never seen elsewhere, which is powered by innovative underlying blockchain technology. Safe, affordable and digital banking services are possible with Neobank.
CFX Neobank Features
CFX’s Neobank is designed to deliver digital banking features that solve problems common to the traditional banking world. It has a white label web and mobile digital banking app that works with the underlying technology of Optherium blockchain, AI, and smart contracts.
• IBAN / ACH
IBAN stands for International Bank Account Number, and it is the special identifier of different bank accounts, through which users can easily carry out international transactions. A typical IBAN has all the necessary details about the owner of the bank account like account number, country, bank, etc. The length of the IBAN may not be uniform, but it may not exceed thirty-four characters. CFX’s individual Neobank accounts have IBANs, which allow users to easily transact. CFX’s validation system ensures that IBAN details are validated automatically.
CFX’s Neobank is connected to the ACH, Automated Clearing House, an electronic funds transfer network that enables interbank clearing of credit and debit transactions. With ACH, CFX can exchange information with other banks and financial ecosystems.
• Virtual and plastic multi-currency debit card
CFX’s partnership with Optherium will ensure that its Neobank users will have access to a virtual and plastic multi-currency debit card. He opts for a Mastercard, allowing users to transact seamlessly on a global scale. With CFX’s Neobank Debit Card, cardholders can purchase items and services around the world, pay bills, and perform other seamless transactions. The virtual and plastic debit card is multi-currency, which means that it is denominated in major fiat currencies and cryptocurrencies.
• Neobank will offer international and national transfers.
Everyone longs for a banking system that allows them to easily transfer to their locality and to people living around the world in the blink of an eye. The international transaction can be overwhelming for many due to the red tape they have to overcome before the transaction is completed. CFX’s Neobank solves this problem effortlessly. With the innovative application, users can easily make transactions.
• Card to card transfers are possible with Neobank from CFX.
Imagine a world where people can easily make card-to-card transfers without stressing out. With CFX’s Neobank, this is doable. All a user needs to do is use the app, and before they can pronounce “Jack Robinson,” the transaction is complete.
• Transparent user interface
CFX’s Neobank application has a transparent user interface, which makes the whole process interesting. The user interface of the app is designed to be easy to navigate for everyone, even a child. It is interactive and designed to make users feel at home. The app also has a payment gateway with many methods, from cryptocurrencies to fiat currencies. Mobile payment is now easy with Neobank from CFX.