Foreign exchange

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/Foreign exchange

Flywire acquires ScholarFX

Flywire (formerly peerTransfer), a provider of cross-border payment solutions, today announced the acquisition of Toronto-based ScholarFX, a respected processor of tuition, room and board payments for international students attending universities and other educational institutions in Canada.

/Foreign exchange

World First signs media deal with The Australian

World First, the international money transfer expert, has today announced the launch of a new partnership with leading national media outlet The Australian as it continues its global expansion strategy.

/Foreign exchange

Banks battle to maintain dominance of UK’s business foreign exchange market

As businesses across the UK seek to minimise the risks of currency fluctuations, the business foreign exchange market shows strong growth as well as fierce competition, according to new research from market analysts East & Partners.

/Foreign exchange

Bank of China (Hong Kong) selects smartTrade for next generation e-FX infrastructure

SmartTrade Technologies, a global leader in multi asset, end-to-end trading solutions for Tier1, Tier2, regional Banks, Brokers and Asset Managers, has been selected by Bank of China (Hong Kong), a leading regional bank in Hong Kong, to deliver a cutting edge low latency e-FX platform.

/Foreign exchange

TriOptima launches triResolve Margin

TriOptima, an award-winning post trade infrastructure provider, announces the launch of its latest post trade service, triResolve Margin, a web-based, end-to-end margin processing solution delivered in collaboration with AcadiaSoft.

/Foreign exchange

Paul Blank, former Caplin exec, joins TradAir as VP marketing

TradAir, a leading provider of front office HTML5 trading optimization solutions, announces the appointment of Paul Blank as VP Marketing.

/Foreign exchange

TradAir expands in Asia

TradAir, a provider of FX front office HTML5 trading optimization solutions, announces ‘expansion in Asia with deployment of servers in Singapore, and opening of local office, to support growing list of clients in region’.

/Foreign exchange

Bank of America Merrill Lynch launches USD cross-border cash pooling in China

Bank of America Merrill Lynch Global Transaction Services (GTS) has today announced the launch of automated U.S. dollar cross-border cash pooling services for corporations operating in the Shanghai Free Trade Zone.

/Foreign exchange

Earthport appoints Peter Klein as global head of FX

Earthport, the cross-border payment specialist based in London, UK, has appointed Peter Klein as Global Head of FX, effective immediately.

/Foreign exchange

FXCM and FXFlat announce new partnership

FXCM Inc. (NYSE:FXCM), is a leading online provider of foreign exchange (forex) trading, Contracts for Difference (CFDs) and related services, announced today its new partnership with German broker FXFlat.

/Foreign exchange

Prince Michael of Kent accepts Global Ambassador role for new UK financial service for migrants

HRH Prince Michael of Kent has agreed to become Global Ambassador for RemitRadar.com, a new service focused on the needs of migrants that provides a real-time online platform to connect money transfer systems and consumers.

/Foreign exchange

Pangea introduces debit-to-debit international money transfer product

Pangea, the international money transfer platform, today introduced a new debit-to-debit transfer product that lets users send money through a mobile app using only debit card numbers, not bank account details.

/Foreign exchange

Thomson Reuters introduces FX Monitor in Eikon Messenger

Keeping in touch with the rapidly changing and time-sensitive foreign exchange markets can pose significant challenges for corporate treasurers as they manage their ongoing cash management needs.

/Foreign exchange

BlackRock, BNY Mellon and State Street accept Markit’s ETF collateral lists

Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that BlackRock, BNY Mellon and State Street have accepted Markit’s ETF collateral lists for inclusion in their collateral management schedules.

/Foreign exchange

Euronext hires Paul Humprey from Reuters as head of fixed income, rates and FX strategy

Euronext today announced it has appointed leading industry practitioner Paul Humphrey as Head of Fixed Income, Rates and FX (FICC) Strategy.

/Foreign exchange

CLS and Markit extend FX settlement to cross currency swaps

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, and Markit, a leading global provider of financial information services, today announced the launch of a new FX settlement service for the cross currency swaps market.

/Foreign exchange

WorldRemit launches money transfers to Vietnam

Money transfer app WorldRemit today launches remittances to Vietnam. Customers can now send money from the WorldRemit app direct to any bank account in Vietnam.

/Foreign exchange

Integral expands senior team in New York, London and Tokyo

Integral Development Corp. (www.integral.com), the only provider of end-to-end electronic FX trading platforms, announced today new executive appointments in its New York, London and Tokyo operations.

/Foreign exchange

Icap's EBS BrokerTec and SGX sign collaboration agreement

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, and Singapore Exchange (SGX), Asia’s leading and trusted market infrastructure, today announced the signing of a definitive agreement to launch SGX listed FX block futures on EBS BrokerTec’s FX central limit order book (CLOB), EBS Market, a primary venue for e-traded currencies.

/Foreign exchange

Raphaels Bank to provide Sepa-compliant payment processing

Demonstrating its growing reputation for delivering innovative payment solutions, Raphaels Bank can now offer European transfers through the Bank’s indirect membership of The Single Euro Payments Area (SEPA).

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