12.7 C
London
Wednesday, October 15, 2025
HomeBankingBanking Circle: Improves payments transparency with ‘payments on behalf of’

Banking Circle: Improves payments transparency with ‘payments on behalf of’

Related stories

Lunar Achieves Milestone as First Scandinavian Provider to Obtain MiCA Crypto License

Revolutionizing the Crypto Landscape in Scandinavia: Lunar's Groundbreaking License...

Monzo Integrates Built-in Tax Filing Tool for Enhanced Customer Experience

Simplifying Tax Season: How Monzo's New Feature Aims to...

Former Klarna UK Chief Alex Marsh Named CEO of Salad Group

Fintech veteran Alex Marsh takes the helm at Salad...

Visa Launches Trusted Agent Protocol for AI Commerce

Innovative Security Framework Enhances Trust in AI-Driven TransactionsHighlights: Visa...

FCA’s Strategic Initiatives for Tokenisation of Investment Funds

A Comprehensive Overview of the UK Financial Conduct Authority's...
  • POBO and COBO give Payments businesses and Banks the ability to offer their customers transparent payments and collections
  • Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments
  • Historically B2B payments received in the name of the payments business or bank rather than the underlying customer
  • The new Banking Circle solutions address these pain points by enabling financial institutions to offer immediate visibility of the sender’s details
  • Banking Circle POBO and COBO mean Payments businesses and Banks can deliver this service without relying on the slow
  • Available via API, UI and SWIFT, the solutions accessed by new and existing Banking Circle clients

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img