Banking Circle

Company Announcements

Saxo Bank joins Copenhagen Fintech marking its 25th anniversary as fintech pioneer
Saxo Bank joins Copenhagen Fintech marking its 25th anniversary as fintech pioneer

14th September 2017

In September Saxo Bank celebrates it 25 year anniversary and boosts its journey from an early online trading pioneer to a leading facilitator of global capital market access by becoming sponsor of Copenhagen Fintech Lab. Together with Copenhagen Fintech Lab Saxo are opening the door to connect and foster relationships with Fintech startups on a...
Saxo Payments Banking Circle adds payments awards to shortlisting success
Saxo Payments Banking Circle adds payments awards to shortlisting success

5th September 2017

Following the announcement of its success in being shortlisted for three categories in the 2017 Emerging Payments Awards, industry-leading financial utility, Saxo Payments Banking Circle has now been shortlisted in two categories of the 2017 Payments Awards.  The Banking Circle is in the running for the Best Cross Border Payments Solution...
Saxo Bank publishes H1 2017 results
Saxo Bank publishes H1 2017 results

31st August 2017

Saxo Bank Group (“The Group”) has reported a net profit of DKK 229 million for the first six months of 2017, an increase of 45 per cent compared to the first half of 2016. Clients’ collateral deposits continued to rise to a record high of DKK 98.3 billion and despite low volatility the operating income for the group reached DKK...
Saxo Payments Banking Circle repeats success as it's shortlisted in three categories in 2017 Emerging Payments Awards
Saxo Payments Banking Circle repeats success as it's shortlisted in three categories in 2017 Emerging Payments Awards

14th August 2017

Reinforcing the relevance of its solutions for cross border payments, industry-leading financial utility, Saxo Payments, has been shortlisted in three categories of the 2017 Emerging Payment Awards. The Emerging Payments Awards are designed to showcase the best of the best in the payments sector and Saxo Payments’ shortlisting in the 2017...
Saxo reduces spreads for UK clients as it adds new functionality to SaxoTraderGO
Saxo reduces spreads for UK clients as it adds new functionality to SaxoTraderGO

26th July 2017

Saxo Capital Markets UK Limited (“Saxo”), the UK subsidiary of Saxo Bank, announces today that it has reduced the minimum spread for UK clients trading the UK100, the CFD index of the 100 largest UK listed companies by market capitalisation.  With spreads from as low as 0.8 basis points, Saxo now offers one of the tightest spreads...
Saxo Payments calls for Fintech Industry to step up and help merchants reach their full international trading potential
Saxo Payments calls for Fintech Industry to step up and help merchants reach their full international trading potential

6th July 2017

Financial Stability Board reinforces latest Saxo Payments White Paper Research The findings from the latest Financial Stability Board (FSB) underlines the on-going challenges faced by businesses, when trading internationally, reinforcing the findings produced in Saxo Payments White Paper Cross Border Payments for Cross Border Merchants –...
Correspondent banking model is holding back global expansion for 39% of merchants
Correspondent banking model is holding back global expansion for 39% of merchants

26th June 2017

New Saxo Payments Banking Circle white paper identifies opportunity for new generation of payment providers  Copenhagen, 26th June 2017 - Saxo Payments Banking Circle, the ground-breaking payments utility that is enhancing the customer proposition for payments businesses, has commissioned new exclusive research* into the barriers facing...
Saxo Bank releases new developer portal to further strengthen its Open Banking initiatives
Saxo Bank releases new developer portal to further strengthen its Open Banking initiatives

23rd May 2017

Today Saxo Bank announces the release of its new developer portal. The portal provides technical documentation, reference guides, sample code and interactive tools for many of the technologies which in combination underpin Saxo’s Open Banking initiative.  Saxo’s Open Banking strategy is built on the premise that going forward an...
Saxo Payments wins best B2B Payments Platform Award
Saxo Payments wins best B2B Payments Platform Award

26th April 2017

Innovation and excellence of Banking Circle recognised at FinTech Breakthrough Awards Ground-breaking payments innovator, Saxo Payments, is the winner of the Best B2B Payments Platform at this year’s FinTech Breakthrough Awards. Once again, innovative cross border payments solution, Banking Circle, has been recognised as an important step...
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Over half of payments businesses are planning to change financial partners ahead of the UK's exit from the European Union

9th March 2017

New research amongst payments professionals to be presented by Saxo Payments at European Payment Summit New research conducted by ground-breaking payments innovator, Saxo Payments, has revealed the potential impact of the UK’s exit from the European Union amongst payments professionals.  Anders la Cour, founder and CEO of Saxo...