Press Releases

Triple shortlisting for Banking Circle at the Card & Payments Awards 2020

Financial Utility recognised for innovation and service to business

London, 14th November 2019 – Banking Circle, the ground-breaking provider of financial services infrastructure has been shortlisted for three awards in the upcoming Card & Payments Awards. Banking Circle Virtual IBAN is up for the Best Service to Business award, and together with Ixaris Payments is shortlisted for Best Technology Initiative of the Year. In addition, Ixaris Payments and Banking Circle are shortlisted for Best Achievement in Payments Processing.

Now in their 15th year, the prestigious Card & Payments Awards recognise customer service, excellence and innovation in the card and payments industry. Winners are chosen by an independent panel of expert judges and will be announced at a dinner and ceremony in London on 6th February 2020.

The multi-award-winning Banking Circle Virtual IBAN is a game-changer for the payments sector, providing access to faster, cheaper payments locally and internationally. The unique solution, the first multiple currency virtual IBAN for businesses to be offered by a non-bank, enables financial institutions to give their clients their own virtual IBANs, negating the need to have several banking relationships.

Award-winning travel industry payments optimisation company Ixaris has connected to Banking Circle Virtual IBAN to deliver the travel industry’s most comprehensive payments solution, streamlining payments and tapping new revenue sources in ways previously thought impossible.

Anders la Cour, Co-founder and Chief Executive Officer of Banking Circle commented: “Banking Circle Virtual IBAN has been nominated for, and won, a huge number of awards since it launched in 2017, but each one is a huge honour as well as confirmation that we are delivering a valuable solution. To be shortlisted for three Card & Payment Awards is testament to the hard work and innovative work of our entire team as well as our partners at Ixaris payments.”

Ixaris’ Chief Executive Officer, Aran Brown added: “Our partnership with Banking Circle allows Ixaris to offer an even more competitive edge to our travel customers, not only by optimising payments but by creating a seamless cross border transaction process across more than 25 currencies in 60 countries in a way that banks simply would not allow. Ixaris’ ability to optimise travel payments is now second to none, and these award nominations are confirmation of that.”

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