Foreign exchange

587 articles tagged with this keyword

/payments

Shieldpay and Western Union to provide FX on international transactions

Shieldpay, the market leader in secure digital payments, today announced its partnership with Western Union Business Solutions, a global leader in cross-border, cross-currency money movement and payments to provide customers with secure online payments and Foreign Exchange (FX) capability when trading internationally or dealing with foreign currencies.

/retail

Atlantic Money launches in UK after £3m fund raise

Atlantic Money has today announced that its low-cost money transfer service is now available to everyone in the UK, saving them up to 99% on their cross-border payment costs.

/wholesale

Cashfree Payments gets RBI approval for cross-border product

Cashfree Payments, a leading payments and API banking solutions company, today announced that it has received a go-ahead from the Reserve Bank of India (RBI) for its cross border payments product.

/people

FXCM names Paul Gyles chief marketing officer

FXCM Group, LLC (‘FXCM Group’ or ‘FXCM’), a leading international provider of online foreign exchange and CFD trading services has today announced the appointment of Paul Gyles as Chief Marketing Officer.

/wholesale

Finastra and HSBC collaborate to bring Banking-as-a-Service FX capability to mid-tier banks

Finastra and HSBC announced today that they are working together to distribute HSBC’s FX services via Finastra’s FusionFabric. cloud platform under a Banking as a Service (BaaS) experience.

/payments

Klarpay becomes Visa principal member

Swiss fintech Klarpay AG has signed a global partnership with Visa on becoming a Principal Member of the Visa network – the membership grants Klarpay the ability to access Visa's bank-to-bank cross-border business transactions network, as well as to support direct card issuance.

/payments

Knight Frank to offer branded Currensea card for employee donations

Knight Frank, the property consultancy, is offering its 2,220 UK employees a company branded, money-saving debit card which allows them to make charitable donations and reduce foreign exchange fees when spending abroad. The partnership with Currensea, which has created the open banking-enabled debit card linked to existing bank accounts, launches today for use in the UK and abroad.

/payments

Derivates Path teams up with Goldman Sachs to deliver FX and global payments to US community banks

Derivative Path, a leading provider of capital markets technology and derivatives execution services to regional and community banks, announced it is collaborating with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments.

/markets

DKK Partners makes global push

DKK Partners, a leading fintech company, which specialists emerging markets (EM) foreign exchange (FX) liquidity, has announced a major global expansion as the company’s revenues surpass £63m - up from £3m the previous year.

/payments

Revolut introduces fee-free USD transfers to UK customers

Companies in the UK can use US bank details to accept payment from US customers with no fees via Revolut Business.

/markets

Baader Bank taps Bloomberg Rule Builder for automated equities trading

Bloomberg today announced that Baader Bank AG, a leading investment bank in Germany, has adopted Bloomberg’s Rule Builder (RBLD), to automate its equities trading processes and optimize the performance of the firm’s buy-side trading desk using additional insights gained from Bloomberg Transaction Cost Analysis (BTCA).

/markets

FXall and Tradeweb to connect local bond and currency trading in emerging markets

FXall and Tradeweb Markets have announced that they will collaborate to develop hedging workflow solutions to allow emerging market products to be traded more efficiently.

/wholesale

MillTechFX expands into Europe

MillTechFX, the FinTech affiliate of Millennium Global Investments, has expanded into Europe following the success of its multi-bank foreign exchange (FX) marketplace in the UK and North America.

/markets

TP Icap to launch electronic FX trading platform in Singapore

TP ICAP Group, a leading electronic market infrastructure and information provider, today announced that it will launch an electronic Foreign Exchange trading platform in Singapore, with support from the Monetary Authority of Singapore (“MAS”).

/payments

Currencies Direct scores £140m investment from Blackstone

Palamon Capital Partners (“Palamon”), a pan-European growth investor, and Corsair, a leading private equity firm targeting services, software, and payments investments in the financial services market, today announced that funds managed by Blackstone Tactical Opportunities (“Blackstone”) have agreed to make a £140 million strategic investment in Currencies Direct (the “Company”), a leading global provider of digital foreign exchange (“FX”) and international payment services to private clients and small and medium sized enterprises (SMEs).

/Foreign exchange

MillTechFX adds ex-HSBC CEO to advisory board

MillTechFX, the FinTech affiliate of Millennium Global Investments, has appointed Stuart Gulliver, former HSBC Holdings Plc Chief Executive Officer, to its International Advisory Board.

/wholesale

GC Partners rolls out hedging tool for corporate treasuries

Global cross border payments fintech GC Partners has launched a brand-new service to help corporate clients monitor their hedging strategies.

/crypto

Cobalt partners with institutional crypto network DeFinity

LONDON, Dec. 22, 2021: DeFinity, an institutional digital asset ECN and DeFi marketplace for fiat FX, Cryptocurrencies and Central Bank Digital Currencies, partners with Cobalt, a market infrastructure provider focused on re-engineering the institutional FX and digital asset markets to facilitate real-time clearing, settlement and dynamic risk and credit management.

/markets

OFX acquires Firma Foreign Exchange Corporation

OFX Group Limited (OFX) today announces that it has entered into an agreement to acquire 100% of Firma Foreign Exchange Corporation (Firma) for a total consideration of C$90m (A$98m).

/crypto

Ledger and FTX partner for digital assets trading

Ledger, the maker of the world’s most popular hardware wallet and gateway to Web3, today announced its partnership with FTX, a leading global cryptocurrency exchange.