Tag: saxo payments

Saxo Payments Banking Circle tackles cashflow gap faced by online merchants
September 11, 2018 BY Valentina Kirilova

Saxo Payments Banking Circle tackles cashflow gap faced by online merchants

Financial utility Saxo Payments Banking Circle has just announced that it has launched Banking Circle Receivables Factoring giving Payment Services Providers (PSPs) and FinTechs another add value for their client offering. Through this new lending solution, PSPs can now offer their merchant customers the facility of instant settlement of receivables due, without waiting for settlement…

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February 13, 2018 BY Valentina Kirilova

Paysafe to offer cross border settlement via Saxo Payments Banking Circle

Payment systems provider Paysafe Group Limited just announced that it has joined Saxo Payments Banking Circle for fast, cost-effective local and cross border settlement. Through membership of Banking Circle, Paysafe has the added ability to offer its clients settlement accounts from Saxo Payments for their card scheme flow. Paysafe provides end-to-end payment solutions for both…

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July 07, 2017 BY Valentina Kirilova

Saxo Payments calls for Fintech Industry to help merchants reach their full international trading potential

Financial Stability Board reinforces latest Saxo Payments White Paper Research The findings from the latest Financial Stability Board (FSB) underlines the ongoing challenges faced by businesses, when trading internationally, reinforcing the findings produced in Saxo Payments White Paper Cross Border Payments for Cross Border Merchants – An Internationally ‘Local’ Future – published last week. Anders…

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February 14, 2017 BY Valentina Kirilova

Saxo Payments launches Banking Circle Virtual IBAN for FX and Payments businesses

Banking Circle Virtual IBAN eliminates the need for multiple bank accounts in multiple countries and currencies Saxo Payments, a subsidiary that Saxo Bank established in 2013, just announced that is launching Banking Circle Virtual IBAN. Delivering full transparency and faster settlement on payments and transfers, Banking Circle Virtual IBAN is a proposition, giving FX and Payments…

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September 14, 2016 BY Valentina Kirilova

Tramonex selects Saxo Payments for cross border transfers

The international financial services provider Tramonex has partnered with global transactions services provider, Saxo Payments, for segregated client accounts in 25 currencies, and FX liquidity. As part of Tramonex’s vision to shift away from classical banking and offer a new way of managing international cash flows, the company has joined the Saxo Payments Banking Circle,…

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June 14, 2016 BY LeapRate Staff

SafeCharge dumps its 5% stake in Germany's FinTech Group AG

Payments services provider SafeCharge International Group Ltd (LON:SCH) SafeCharge has announced that it has sold its minority stake in German based financial services technologies company FinTech Group AG (FRA:FLA). The sale of the stake, which was originally acquired by SafeCharge in June 2015 for a cost approximately €10 million and represented 5% of FinTech's equity, will result in…

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April 13, 2016 BY Maria Nikolova

Saxo Payments partners with payments solution provider FC Exchange

Saxo Payments, a global transactions services provider which is a part of Saxo Bank, has entered into a new partnership with currency broker and international payments solution provider FC Exchange. Under the terms of the new agreement, the Saxo Payments Banking Circle will help FC Exchange deliver sophisticated solutions to its clients. FC Exchange provides…

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April 04, 2016 BY Maria Nikolova

Saxo Payments Survey: Only 38% of payments-related business think they get competitive FX rates

Saxo Payments, a subsidiary that Saxo Bank established in 2013, today made available a white paper, entitled “Cross Border B2B Payments – Today’s landscape; Tomorrow’s opportunity”. The document states that 63% of payments-related businesses are dissatisfied with the speed of cross border payments, and only 38% believe they get a competitive FX rate. The paper is…

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