Articles with tag: settlement accounts

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Banking Circle study finds SMEs were borrowing funds to pay business costs even before COVID-19

28 May 2020 | Payments General

Banking Circle has found that nearly two thirds (64.6%) of online merchants have needed extra finance in the past two years (excluding borrowing due to the current COVID-19 crisis).

FX rates, loans, SMEs, banking, fintech, merchants, Europe, study, cross border payments, payroll, business costs, settlement accounts, Banking Circle

FairFX granted access to the Bank of England settlement accounts

20 Feb 2019 | Online & Mobile Banking

FairFX, an e-banking and international payments provider, has been granted settlement accounts with the Bank of England via its subsidiary, Spectrum Payment Services (SPS).

FairFX, e banking, mobile banking, online banking, real time payments, FCA Bank of England, UK, settlement accounts, SWIFT