/retail banking

News and resources on retail banking, consumer finance and reinventing customer experience in finance.

3S Money partners with Banking Circle to roll out local bank accounts in three more countries

3S Money has started to offer its clients local business IBANs in Luxembourg, Germany and Denmark.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

This has become possible now that we’ve completed our integration with Banking Circle, a fully licensed bank and a next-generation provider of financial services infrastructure.

Ivan Zhiznevskiy, CEO and founder of 3S Money, commented: “Our partnership with Banking Circle contributes greatly to our infrastructure of local in-country accounts, which helps global businesses to roll out their activity in foreign countries and reach their customers in new markets more quickly. A big round of applause to everyone who’s been involved in the process and made this happen.”

Banking Circle, a Luxembourg bank, has been seamlessly integrated with 3S Money’s banking platform. The company maintains connectivity with seven financial partners worldwide and issues local accounts in six countries. We call this ‘multi-rail’. This concept enables us to access local payment rails in Europe and Asia, to get business payments delivered in seconds in real time, and to collect from anywhere in the world on a single platform.

Sponsored [On-Demand Webinar] Money Mule Defence: Practical Applications and the Role of Technology

Related Company

Channels

Comments: (0)

[On-Demand Webinar] Trusted Transactions: The Future of Risk-Based AuthenticationFinextra Promoted[On-Demand Webinar] Trusted Transactions: The Future of Risk-Based Authentication