Banking Circle

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

Banking Circle was proud to be a sponsor at Point Zero Forum #PZF2024 in Zurich. Our team connected with a global delegation of regulators, banks and ecosystem players. Everyone came together to discuss and debate how policy, regulation and innovation can all improve the financial landscape. Banking Circle's Head of Web3, Daniel Lee, participated in a roundtable discussion on ‘Stablecoins in the monetary system of the future’, while our Chief Business Officer, Livia Benisty, joined the debate on ‘Who will reign supreme in the Battle Royale of Payments: Veterans or Challengers?’ before discussing ‘Evolution of cross-border payments: Next-gen solutions’ with a panel of industry experts. Banking Circle has always been focused on providing better banking solutions for cross-border payments. How can we fully realise the opportunities from blockchain technology? There are still many challenges for both regulators and banks to overcome, especially around tokenization and interoperability between various tokens, plus how FX is managed on the chain. We're inviting anyone interested in building this out with us to get in touch. We look forward to hearing from you. https://lnkd.in/earWyEEm

Two roundtable sessions are taking place today at Point Zero Forum - each featuring a senior member of the Banking Circle team. At 13:30-15:00 CEST, our Head of Web3, Daniel Lee, will be discussing ‘Stablecoins in the monetary system of the future’. At 13:45-15:15 CEST, our Chief Business Officer, Livia Benisty, will join the debate on ‘Who will reign supreme in the Battle Royale of Payments: Veterans or Challengers?’ Livia will then be returning to the stage at 17:30 CEST, joining a panel of industry experts to talk about the ‘Evolution of cross-border payments: Next-gen solutions’. If you’re attending the event, we look forward to seeing you at these forums! #PZF2024 #stablecoins #payments #CrossBorderPayments

Written in collaboration with Banking Circle and Deloitte, The Payments Association EU has launched its newest white paper “How to plan and set up an efficient #AML control framework for payment services.” The report provides a strategic analysis of best practices in the fight against#FinancialCrime and countering the financing of terrorism. Banking Circle’s Chief Analytics Officer, Christian Møller Karsten, has contributed to the white paper, sharing his insights on whether to build or buy AML systems. Download the white paper in full from https://lnkd.in/edZG4qkA #regulation #compliance 

We’re counting down to Banking Circle's Chief Business Officer, Livia Benisty, taking part in a roundtable discussion at Point Zero Forum in Zurich. The session will focus on ‘Who will reign supreme in the Battle Royale of Payments: Veterans or Challengers?’ and begin at 13:45 CEST on 02 July. Over the past year, Teams Banking and Crypto have debated intensely. Firstly, Team Crypto praised stablecoins for financial inclusion, before Team Banking fought back, highlighted the safety of tokenized deposits. Both arguments attracted plaudits, but Team Crypto edged ahead, winning the audience's vote at the Singapore FinTech Festival. Don't miss this thrilling finale of the ‘Digital Currency Trilogy’! Also participating will be Carrie Suen (Ant International), Dante Disparte (Circle), Martin Etheridge (Mastercard), Morgan Krupetsky (AVA Labs), Rene Michau (Standard Chartered Bank), Sujit Misra (Amazon), Umar Farooq (Onyx by J.P. Morgan) and Jo Yeo (Monetary Office of Singapore). Full details can be found at https://lnkd.in/eV8cYd2E Register for the Point Zero Forum at https://lnkd.in/eiWCs-Sc. #PZF2024 #payments

Next week, Banking Circle's Head of Web3, Daniel Lee, will be participating in a roundtable discussion at Point Zero Forum in Zurich. The theme will be ‘The role of stablecoins in the monetary system of the future’, with the roundtable taking place at 13:30 on 02 July. This roundtable is the next phase of an ongoing dialogue about crafting open and interoperable networks within the financial ecosystem. The experts taking part will discuss the current concerns surrounding stablecoins, the role of commercial banks in the future monetary system, and collaborative initiatives between FinTechs and stablecoin issuers as drivers of innovation. Daniel will be joined by Edward Bowles (Wise), Dr Gordon Liao (Circle Internet Finance), Guillaume Chatain (Societe Generale - Forge), Herve Tourpe (IMF), Lesley Chavkin (Paxos), Salim Dhanani (Pave Bank), Simonas Krėpšta (Bank of Lithuania), Toh Wee Kee (Onyx by J.P. Morgan), Rita Liu (RD Technologies) and Raadhika Sihin (Elevandi). Further information is available at https://lnkd.in/euKBpMi2 Register for the Point Zero Forum at https://lnkd.in/eiWCs-Sc. #PZF2024 #stablecoins

There’s less than a week to go until the start of Point Zero Forum in Zurich. Banking Circle's Chief Business Officer, Livia Benisty, will join a panel of industry experts at the event to discuss ‘Evolution of cross-border payments: Next-gen solutions’ at 17:30 CEST on 02 July. Here, the panel will consider the evolving state of cross-border payments, addressing the current challenges and emerging innovations. They will also discuss technological advancements and regulatory impacts, plus strategies for enhancing efficiency and security in international transactions. Milind Sanghavi (Menyala), Daniel Webber (FXC Intelligence) and Arjun Vir Singh (Arthur D. Little) will be joining Livia on the panel. More details about the panel discussion can be found at https://lnkd.in/eUrkmZMh Register for the event at https://lnkd.in/eiWCs-Sc. #PZF2024 #CrossBorderPayments