The international B2B payments landscape is huge. Already estimated to be 10 times larger in transaction volume than the B2C market, there is clearly demand, but innovation in this niche has been slow.
Our research shows that banks continue to dominate the market; despite them offering a service that is both slow and expensive.
Banking Circle has explored the current landscape and the challenges faced by banks and businesses alike.
About Banking Circle
Banking Circle is the payments bank for the new economy, delivering payments and banking services by connecting to the world’s clearing systems.
Through Banking Circle, Banks and Payments businesses can access global cross border payments, accounts and liquidity management – delivered seamlessly through a single API with market-leading compliance and security.
Designed to meet the global banking and payments needs of Banks and Financial Institutions of all sizes.