Banking Circle Group is pleased to announce that Jim Snabe will become the Chairperson of its Advisory Board. Jim Snabe will work closely with Banking Circle Group CEO & Co- founder, Anders la Cour, and the majority shareholder EQT VIII, “to continue the rapid profitable… Read More
Money20/20 Europe will see the “convergence of complementary financial services” applications in the Banking Circle ecosystem. A technology-agnostic platform underpinned by an account infrastructure from which a range of financial services can be delivered, the Banking Circle ecosystem will “enable financial institutions to accelerate the… Read More
Banking Circle, the Payments Bank for the “new economy,” is reporting a “significant” uplift in its performance in 2021 as it continues “to help Payments businesses, Banks and Marketplaces access global cross-border payments, accounts and liquidity management that enables their business customers to transact more… Read More
Three years ahead of the 2025 deadline for completion, Banking Circle has reportedly “adopted the ISO20022 messaging standard.” A single common format for all financial communications, ISO20022 “allows participants and systems in different markets to communicate in a consistent message format, using agreed terminology.” Laust… Read More
Swiss financial services provider, Igson Capital AG, is enhancing its IBAN offer for firms by working in partnership with technology-first payments bank, Banking Circle. Utilizing Banking Circle Virtual IBAN, Igson Capital AG will also aim to “benefit from Faster Payments and SEPA instant transfers and… Read More
European payment institution, Igoria Trade SA, is enhancing its multicurrency IBAN capabilities by “working in partnership” with technology-first payments bank, Banking Circle. Utilizing Banking Circle Virtual IBAN, Igoria Trade will also “benefit from fast, secure SEPA, SWIFT and Faster Payments transfers.” With head offices in… Read More
In their latest white paper, ‘Payments without barriers: Focus on Denmark’, the team at Banking Circle has looked into the opportunities and challenges for cross-border trade in the country. Although slow settlement times and high costs are a barrier for firms wanting to trade in… Read More
DiPocket, a corporate disbursements and payment solutions provider, is enhancing customer access to Faster Payments via its partnership with technology-first payments bank, Banking Circle. Utilizing Banking Circle Virtual IBAN for both company and client fund accounts, DiPocket will offer its clients with access to Faster… Read More
Payments Fintech Banking Circle, the tech-focused payments bank, has appointed an experienced banker as its new Head of Institutional Banking for the DACH region. Timo Florian Zwez has reportedly joined Banking Circle from commercial wholesale bank, Bayerische Landesbank (BayernLB), where he spent around 6 years… Read More
There have been many new developments in the banking and Fintech space with new research predicting growth across various areas of the fast-evolving sector. The team at payments specialist Banking Circle notes that they were recognized at Money 20/20 by two industry awards. Banking Circle… Read More
Full-service payment service provider (PSP) of local digital payment solutions, Paymaster24, has reportedly chosen Banking Circle in order to improve its existing service proposition for merchants. Importantly, the collaboration with Banking Circle should assist Paymaster24 with speeding up payments while offering additional currencies to its… Read More
SnapSwap, a provider of digital transformation services for financial services and businesses, has reportedly chosen Banking Circle to offer quicker and lower-cost payments to its clients. By leveraging Banking Circle’s Payments on Behalf of (POBO) and Collections on Behalf of (COBO) services, SnapSwap will see… Read More
B4B Payments, a multinational prepaid payments provider, has chosen Banking Circle to offer payments infrastructure to support its corporate banking services. Offering prepaid solutions to businesses for over 15 years, Financial Conduct Authority (FCA) approved B4B Payments enables companies to effectively manage their finances, which… Read More
PayAlly, a fully integrated payments ecosystem for small businesses, is reportedly using Banking Circle solutions to enhance its multi-currency B2B cross-border payments platform. Through the partnership, PayAlly will be able access a wider range of payment channels via the Banking Circle super-correspondent banking network. This… Read More
Global financial infrastructure provider, Banking Circle, has reportedly joined the P27 Nordic payment initiative as a “front-runner” bank in developing “bulk-clearing” for the Danish Krone, “underlining its commitment to building a global payments infrastructure.” P27 has been recognized as an important initiative to address the… Read More
Banking Circle, the payments specialist, has revealed that there’s been a significant “uplift in payments flow” and clients just a year after it launched its Banking License. At the end of February 2020, Banking Circle was awarded a Banking License from the Commission de Surveillance… Read More
One-stop business payment solution provider, Safenetpay, has partnered with payments specialist, Banking Circle, to enhance its international payment offering. By utilizing Banking Circle’s multi-currency accounts, SEPA and SWIFT transactions solutions and foreign exchange (FX) capabilities, Safenetpay’s business clients will be able to “access additional currencies,… Read More
Earlier this week, Online Payment Platform, the Netherlands based payment services provider, chose Banking Circle to help it support global marketplaces As confirmed in a release, Online Payment Platform selected payments specialist and licensed bank, Banking Circle, to “enhance its marketplace offering.” As mentioned in… Read More
Banking Circle, a financial infrastructure developer, has been awarded a banking license from Luxembourg’s financial regulator. Established in 2013, Banking Circle serves as an alternative to the high-cost traditional banking network. The company’s services aim to provide greater financial utility, allowing Fintech firms to gain… Read More
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