Banking Circle

Banking Circle is thrilled to announce the launch of EURI, the first bank-backed MiCA compliant #stablecoin. This marks a significant step in stablecoin development and will help our customers transact across borders in a way that was previously not possible. This is part of our commitment towards creating a more accessible and diverse #digitalasset industry.   EURI is the first e-money token launched by Banking Circle and the first MiCA regulated stablecoin that is issued and backed by a bank in the EU.   Read more on our exciting announcement here: https://lnkd.in/eYQhPwzn More information on EURI can be found at www.eurite.com and @Eurite_BC on X.

Banking Circle is delighted to announce a new strategic partnership with Skydo, India’s leading cross-border payments platform for Micro, Small and Medium sized Enterprises (MSMEs) and freelancers. The collaboration aims to support Indian businesses operating globally by providing them with seamless, efficient and cost-effective payment solutions, enabling them to thrive in international markets. This enables Skydo’s customers to offer their buyers in the UK and EU a broader range of local payment options. It also allows Skydo to expand its cross-border collection capabilities into new markets like Australia, aligning with Skydo's commitment to saving Indian businesses $1 billion in FX fees over the next three years. Read more here: https://lnkd.in/eJ46VkVd

🌍 Banking Circle partners with Dukascopy Bank to power Instant Payments across the EU 🚀 We are proud to announce our latest collaboration with Dukascopy Bank SA, a Swiss digital bank offering a wide range of services to retail, corporate, and institutional clients.    Dukascopy Bank wants to meet the rising demand for instant payment services in the EU. Becoming SEPA Instant compliant allows them to access the network and provide EUR payments in the SEPA zone for their international clients.   Banking Circle’s simple plug-and-play solution was readily deployable. Built on a modern payment infrastructure, we enable banks to be instantly ready via traditional SWIFT and a more innovative API.   Want to learn more? Download our case study to see how we’re driving innovation in global banking. https://lnkd.in/eV5VnR63 #InstantPayments #SEPAInstant #Partnerships

As announced in June, Banking Circle have been working with XTransfer, a leading B2B cross-border payment platform from China. Banking Circle’s infrastructure supports XTransfer with fund collection options in USD, GBP, EURO and other currencies in Europe and the Middle East. This development is particularly advantageous for businesses dealing with Chinese suppliers. Buyers in Europe and the Middle East will have the convenience of paying Chinese suppliers in a wider range of local currencies. More currencies will be supported soon. Read more about the partnership here: https://lnkd.in/evjCCDH4

🏅New certification! ISO/IEC 27001:2022 Obtaining this globally recognised standard for information security management systems supports our continuous commitment to ensuring the highest standards. We place high importance on being fully compliant with global legal, regulatory and contractual obligations for information security, and are dedicated to continuously improving our information security management. With Banking Circle, you can be confident that your information always remains protected. 🔒 Find out more here: https://lnkd.in/eHUWRu4v #ISO27001 #InformationSecurity #ISMS #Certification

Our Head of Institutional Banking, Jon Levine, spoke with Finextra at Money20/20 Europe, discussing the role that financial infrastructure providers play in the globalisation of e-commerce. 🎤 The key topics covered were: - How businesses are meeting the challenge of instant payments - The steps being taken to overcome infrastructure and technology investment barriers - The progress being made in breaking down obstacles in cross-border payments - How the industry is evolving to support seamless and efficient global transactions Check out the full video here for Jon’s informative insights on this hot topic: https://lnkd.in/eQ-ZF3sA #BankingCircle #Finextra #ECommerce #InstantPayments #Interview

How is the adoption of instant payments progressing? 🤔 Our Head of Institutional Banking, Jon Levine, has shared his key thoughts on the topic in a quick-read article, covering the hidden challenges of instant payments, the outlook for cross-border payments, and the role of financial infrastructure providers in the widespread development of instant payments. Read the article here: https://lnkd.in/euwWAEi6 How do you think the adoption of instant payments is processing? Let us know in the comments! 👇

Partnership announcement 📣 We’re happy to announce that Banking Circle have partnered with fundcraft allowing fund managers to be connected as closely as possible to national clearing schemes, enabling faster account opening while delivering low operating costs and fees! fundcraft’s Founder & CEO, Julien De Mayer comments on the partnership: “fundcraft’s digital-native operations streamline processes, automate data management, and enhance stakeholder interactions. Banking Circle’s reputation as a technology-led payments bank that is breaking down barriers to cross-border payments make it a perfect fit for fundcraft clients, and its accounts, accessible through fundcraft via API integration, are quick to open.” Our CEO, Laust Bertelsen said: “Banking Circle’s innovative solutions are designed to eliminate costs and delays in account setups and payment processing. Investment Managers can easily manage their accounts, and create and approve payments through Banking Circle, making us an ideal partner for fundcraft. We are like-minded, tech-first businesses that are applying technology to reduce cost and improve the speed of financial transactions.” Fund administration is a large, growing market, and fundcraft has a clear goal to overcome some of the barriers funds face opening accounts with traditional banks, as well as to add treasury management and payments features into its digital platform. Supporting this goal, it has launched a partnership programme and API integration with a number of banks, including us at Banking Circle as one of its primary bank account providers. Learn more about this partnership here: https://lnkd.in/en6W3zFs #BankingCircle #fundcraft #Partnership #Funds

Are you on track to be compliant with the #SEPA Instant January 2025 Regulatory deadline? Find out how Banking Circle can help. https://lnkd.in/eQGD87ey

Delano reports on the recent Nexus2050 Luxembourg panel 'Banks and Funds in Luxembourg: Engaging on the Innovation Highway'. Marcus Yarbug, Head of Sales, Benelux at Banking Circle, was part of the lively panel, appearing alongside banking and innovation experts Laurent Marochini, Head of Innovation, Société Générale Luxembourg, and Raphaël Machet, Head of Regulatory Projects and Digital Assets Practice, BNP Paribas Luxembourg. Marcus shared his insights on the importance of onboarding speed and scalability, while reiterating Banking Circle’s importance as “a payment hub for banks and payment companies.” The full article can be viewed at: https://lnkd.in/eEtutuVK