Banking Circle Group Joins Financial Technology Association

THE Financial Technology Association (FTA) announced today that Banking Circle Groupleader in banking and payments for the new economy, has joined the association as its newest member. Banking Circle Group is a unique combination of a world-class technology company and a fully licensed financial services company, providing fast, low-cost global payments and banking by connecting directly to the world’s clearing systems.

“We are thrilled to welcome Banking Circle to our community of leading fintech companies at an exciting time as they expand their operations across the United States,” She said Penny Lee, President and CEO of the Financial Technology Association“Companies like Banking Circle are providing banks and fintechs with seamless, interoperable solutions to transact across borders.”

“We are thrilled to join FTA’s ecosystem of fintech innovators who are shaping the future of finance,” She said Livia Benisty, Head of External Affairs at Banking Circle Group. “We share FTA’s commitment to ensuring that the United States remains at the forefront of financial innovation and look forward to collaborating with other leading firms to advance modernized financial policies and regulations.”

At the heart of Banking Circle Group is the real-time global transaction and clearing engine, redefining how transactions and liquidity are managed globally through a combination of payment card, bank licensing and direct clearing integrations. Banking Circle Group offers cross-border payments, accounts and cash management to meet the global financial needs of businesses. With roots in Europe, Banking Circle Group recently expanded operations to the United States, get a special card for banking innovation in the state of Connecticut.

FTA recently released a Political agenda for the future of finance outlining steps to unlock more financial innovation for American consumers, small businesses, and entrepreneurs. The agenda calls on lawmakers to ensure pathways for financial innovation, support modern financial infrastructure, including direct access to Federal Reserve accounts and services for major payment companies, and expand financial access, choice, and inclusion.

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