PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

SAXO PAYMENTS BANKING CIRCLE BECOMES BENEFACTOR OF MAJOR EMERGING PAYMENTS PROJECT

PaymentsJournal by PaymentsJournal
September 28, 2017
in Press Releases
0
Saxo Payments logo

Saxo Payments logo

1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

London, 28th September 2017 – Industry-leading financial utility, Saxo Payments Banking Circle, has become the Benefactor of a major new project being spearheaded by the Emerging Payments Association (EPA).  Designed to support the growth of early stage FinTech companies around the world, Project International Trade is set to encourage trade between EPA members and non-EU target markets in the payments industry. The project has been endorsed by Foreign Secretary, Boris Johnson, for its accomplishments in supporting and promoting international trade.

The strategy of Project International Trade is to develop links between UK payment companies and political institutions and financial services organisations in Latin America, Far East Asia, Central & Eastern Europe and southern Africa. Project International Trade delivers this through a programme of education, creating international trade channels, and engaging with UK and international governmental bodies and embassies.  To date, it has led a delegation of UK PayTech companies to China to meet potential investors including the elite of Beijing’s Silicon Valley. In addition, it has spearheaded trade missions to Mexico and Serbia, including hosting a conference in Belgrade – funded by the Department for International Trade (DIT) and ERDF’s Global Growth Project.

Similar communities of payment companies are being established in Eastern Europe and Africa which will deliver a portfolio of events, lobbying, and projects similar to the EPA. Project International Trade will also provide a match-making service to connect EPA members with payments service users internationally. The project will also deliver webinars on payments topics relevant to specific markets and develop stronger ties with government agencies focused on the development of UK entities within emerging markets.

Project International Trade will focus on stimulating the adoption of new payments products and services in emerging markets facilitated by the Banking Circle platform, which has become firmly established as a solution to the cost and time barriers of cross-border payments. As a Benefactor, Saxo Payments Banking Circle will help deliver a FinTech Regulation Helpline service to help FinTechs navigate new payments-related regulations.  And to provide the essential support for start-ups, Saxo Payments Banking Circle will provide a special rate for international fund transfers for EPA Fintech ScaleUp Members.

“We are at a crossroads in terms of the growth of the emerging payments sector and it’s crucial that everything is done to help businesses that want to enter this marketplace”, explained Anders la Cour, Chief Executive Officer of Saxo Payments Banking Circle. “By becoming the Benefactor of Project International Trade, I believe Saxo Payments Banking Circle can play a crucial role in empowering businesses to trade cross-border without barriers.”

Tags: Saxo
1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Google Wallet Expands Features

    Google Wallet Continues to Bet on Digital with Expanded Features

    June 2, 2023
    digital value

    How Embracing Digital Value Can Help Solve the B2C Payments Conundrum

    June 1, 2023
    instant payments, real-time payments, RTP

    Banks Developing Instant Payments Products in the U.S. Should Focus on Billers to Generate New Revenue Streams  

    May 31, 2023
    Digital Wallet Use Delivers on Convenience and Security

    Digital Wallet Use Delivers on Convenience and Security

    May 30, 2023
    5 Ways to Protect Your Financial Institution from a Cyberattack

    5 Ways to Protect Your Financial Institution from a Cyberattack

    May 26, 2023
    traditional banks

    How Traditional Banks Can Modernize Without Risk

    May 25, 2023
    identity fraud

    Javelin’s Identity Fraud Study Highlights the Changing Nature of Fraud

    May 24, 2023
    SASE, security-as-a-service

    Security-as-a-Service Secures
    Distributed IT Models

    May 23, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download this complimentary report from CSG Forte: