Banking Circle

Company Announcements

Saxo Payments Banking Circle wins Best Industry Innovation at 2018 Card and Payments Awards
Saxo Payments Banking Circle wins Best Industry Innovation at 2018 Card and Payments Awards

2nd February 2018

Saxo Payments Banking Circle, the ground breaking financial utility, has reinforced its position in the cross border payments sector by winning at the 2018 Card and Payments Awards.  The Banking Circle’s latest unique banking solution, Banking Circle Virtual IBAN, has won Best Industry Innovation of the Year in the 2018 Card and...
Saxo Payments Banking Circle up for two FSTech Awards
Saxo Payments Banking Circle up for two FSTech Awards

10th January 2018

Saxo Payments Banking Circle, the ground-breaking financial utility, has once again been recognised for its high level of innovation on behalf of the financial services (FS) industry.  Banking Circle Virtual IBAN has been shortlisted for two FSTech Awards: ‘Financial Sector Innovation of the Year’ and ‘Most Innovative Product...
Will 2018 be the year the financial utility comes of age?
Will 2018 be the year the financial utility comes of age?

20th December 2017

A royal wedding, the FIFA World Cup, predictions of an extremely close midterm election in the US and the on-going negotiations for the UK to exit the European Union are all set to make 2018 a very interesting year on the world stage.  In the financial services arena, cross border payments innovator, Saxo Payments Banking Circle has made its...
Banking Technology Award goes to Saxo Payments Banking Circle Virtual IBAN Financial utility wins Best Corporate Payments Initiative
Banking Technology Award goes to Saxo Payments Banking Circle Virtual IBAN Financial utility wins Best Corporate Payments Initiative

14th December 2017

Saxo Payments Banking Circle Virtual IBAN has been awarded Best Corporate Payments Initiative in the Banking Technology Awards 2017. Ground-breaking B2B financial utility, Banking Circle, supports Tier 2 and 3 Banks, and Financial Tech businesses, giving them a crucial competitive edge by enhancing the service they can deliver to their customers. ...
Saxo Payments Banking Circle Achieves $50 Billion Volume Growth
Saxo Payments Banking Circle Achieves $50 Billion Volume Growth

5th December 2017

Saxo Payments Banking Circle, the ground-breaking B2B financial utility supporting banks and FinTechs, has achieved $50 billion volume growth since it started taking the first clients live in February 2016. Founded in 2013 and supported by Saxo Bank for the development of its innovative cross border payments proposition, the Saxo Payments...
Saxo Payments Banking Circle Scores a Hat Trick!
Saxo Payments Banking Circle Scores a Hat Trick!

15th November 2017

Financial services utility shortlisted in three Awards. Saxo Payments Banking Circle has further reinforced its position as a financial utility for core banking services, by being shortlisted in three different industry Awards. The Banking Circle’s latest unique banking solution, Banking Circle Virtual IBAN, has been shortlisted for...
Saxo Payments Banking Circle Marketplaces Helps Financial Tech Businesses Address PSD2 Regulation for Online Marketplaces
Saxo Payments Banking Circle Marketplaces Helps Financial Tech Businesses Address PSD2 Regulation for Online Marketplaces

19th October 2017

Changes brought about under the latest Payment Services Directive, PSD2, mean that Marketplaces will no longer be exempt. For Marketplaces to remain exempt under PSD2, they should act only on behalf of the payer or the payee or not at any time enter into possession or control of client funds.  Addressing this challenge, Saxo Payments has...
Saxo Payment takes accolade for best service organisation supporting the payments industry
Saxo Payment takes accolade for best service organisation supporting the payments industry

6th October 2017

Saxo Payments Banking Circle was crowned Best Service Organisation supporting the Payments Industry at the Emerging Payments Awards. The Emerging Payments Awards set out to put the spotlight on the best programmes and innovations in the global payment’s industry.  Saxo Payments was a finalist in three categories in this...
WaveCrest Enhances Propositions With Membership Of The Banking Circle
WaveCrest Enhances Propositions With Membership Of The Banking Circle

4th October 2017

B2B clients to benefit from virtual IBAN service, foreign exchange and swift transfer of funds. WaveCrest, the licensed and regulated e-money issuer, working globally with businesses of all sizes and industries, has joined the Banking Circle to benefit from the ground breaking cross border payment solution. WaveCrest works with businesses to...
Saxo Payments Banking Circle Becomes Benefactor of Major Emerging Payments Project
Saxo Payments Banking Circle Becomes Benefactor of Major Emerging Payments Project

29th September 2017

Industry-leading financial utility, Saxo Payments Banking Circle, has become the Benefactor of a major new project being spearheaded by the Emerging Payments Association (EPA).  Designed to support the growth of early stage FinTech companies around the world, Project International Trade is set to encourage trade between EPA members and non-EU...