Breaking News
BCB Group selects Banking Circle to improve payments experience for crypto clients
BCB Group, the leading global provider of business accounts and trading services for the digital asset economy, is utilising Banking Circle’s unique Virtual IBAN solution to improve payment processes for its clients. Working with Banking Circle, BCB will be able to offer its clients reliable EUR payment accounts to increase the straight through processing (STP) rate with stable and foreseeable payment processes.
BCB Group provides business accounts, cryptocurrency and foreign exchange market liquidity and custody for many of the world’s largest crypto-engaged financial institutions. BCB Group is the only multi-regulated institution of its kind to offer clients a complete end-to-end suite of payment processing, cryptocurrency trading and custody services accessible through a unified API-enabled platform, allowing clients to access a complete range of digital asset services in one place. BCB also allows clients to settle instantly with each other via its flagship BLINC payment network.
“We created BCB to provide the blockchain and cryptocurrency industry with durable financial infrastructure in an unpredictable environment,” commented Oliver von Landsberg-Sadie, CEO and Founder. “Delivering a full end-to-end banking service through its API-based platform, Banking Circle gives us access to SEPA enabled accounts, allowing our clients to send and receive funds quickly and at scale. Crucially, by augmenting our banking network with such a feature-rich partner, with Banking Circle we can offer our clients virtual IBAN accounts in their own name which will make a significant difference to the user experience and a material reduction in settlement and operational risk.”
Anders la Cour, CEO of Banking Circle Group added: “As a tech-first and cloud-based Payments Bank, Banking Circle is perfectly placed to help BCB deliver best practice and added-value for its clients. Working together we can provide BCB clients with more accessible and cost-effective cross-border payments and foreign exchange.”
- EXCLUSIVE: “Stable & Secure?” – Simone Loefgen, Commerzbank in ‘Discover Sibos 2025’ Read more
- CBI Drives Verification of Payee Compliance in Italy Read more
- Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers Read more
- Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil Read more
- EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’ Read more