Australia’s regional banks and mutuals deserve better. For too long, outdated systems and costly inefficiencies have held them back—leaving communities underserved and innovation stifled.
But change is here.
With Banking Circle’s acquisition of ASL, mutual banks and Australian financial institutions now have a powerful ally—combining deep local expertise with world-class global payments infrastructure. Together, we’re levelling the playing field for:
- Real-time, low-cost payments – Access NPP, BECS, PayID, PayTo & cross-border payments in one place
- Modernisation without the heavy lift – Scalable infrastructure designed for all types of banks – global, domestic, regional and mutual
- An edge against the majors – Seamless digital experiences, just like the big banks
This isn’t just about technology—it’s about ensuring every Australian has access to fair, fast, and future-ready banking.
Watch how NGM is breaking free from legacy limits—with Banking Circle’s next-generation payments infrastructure
Reduce reliance on incumbent banking rails and future-proof with compliance-ready, fraud-resilient infrastructure.
“Bringing ASL into our global platform establishes an expanded presence for Banking Circle in Australia, one of our most strategically important markets. . ASL has been a trusted partner to local financial institutions for decades. Together, we will empower banks, fintechs, and payment providers in Australia to offer faster, cheaper, and more secure payment solutions – at home and abroad.” Laust Bertelsen, CEO of Banking Circle
“We are thrilled to join Banking Circle and scale our operations to deliver a leading proposition to Australian banks, payment providers, fintechs and corporates looking for full domestic capability with true global reach. Together, we bring end to end knowledge and expertise to support all aspects of our clients’ payment needs. ASL has a deep history of supporting Australia’s mutual banks, credit unions and emerging digital banks and we’re excited to grow further in these segments.” Mark Tibbles, CEO of ASL
