Foreign exchange

805 articles tagged with this keyword

/payments

Neo launches multi-currency bank account for SMEs

Neo, the treasury management, payments and FX fintech, is launching a new international multi-currency account service for small and medium-sized enterprises (SMEs).

/wholesale

CITIC Bank adopts Refinitiv for eFX trading

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, today announced that China CITIC Bank International has adopted Refinitiv Electronic Trading platform to enhance its Foreign Exchange (FX) trading and distribution workflow.

/payments

Plastiq to offer FX on cards via Silicon Valley Bank

Today, Plastiq, the intelligent payment solutions provider for businesses, announced a partnership with Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, to offer foreign exchange (FX) credit card payment capabilities.

/payments

UAE card issuer and processor NymCard secures regulatory pre-approval

Abu Dhabi-based fintech NymCard has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FRSA) to hold and transfer money, issue payment instruments with stored value and carry out currency exchange.

/markets

ION offers to sell Broadway fixed income biz to clear competition concerns

ION Group has agreed to offload Broadway Technology's fixed income business in order to appease the UK's competition watchdog and secure the acquisition of the rest of the company.

/wholesale

State Street's BestX launches TCA for equities

BestX, State Street’s foreign exchange and fixed income best execution analytics platform, announced today that it has expanded its award-winning execution analytics software and launched a post-trade transaction cost analysis (“TCA”) module for equity markets.

/wholesale

Samtrade FX gets UK and Australian licences

Samtrade FX, a leading online trading brokerage that is committed to providing traders with safe, easy and low-cost access to Forex and Contracts for Differences (CFD)trading, today announced that it has been registered and authorised as an Appointed Representative by the FCA (reference number: 929921), the conduct regulator for financial services firms and financial markets in the United Kingdom (UK).

/markets

FXSpotStream adds SocGen as liquidity provider

In May 2020, FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, announced Societe Generale as the 15th liquidity providing bank to join its Service.

/payments

Airwallex adds Deutsche Bank for cross-border collection and API-enabled FX services

Fintech unicorn Airwallex has turned to Deutsche Bank to help it provide virtual account collections and API-enabled foreign exchange services in in Japan and Hong Kong, respectively.

/markets

Moscow Exchange buys 17% stake e-FX trading platform

On 23 July 2020, Moscow Exchange completed the acquisition of a 17% stake in BierbaumPro AG, which holds a 100% ownership stake in NTProgress, the company behind the development of the proprietary OTC FX platform NTPro. NTProgress is BierbaumPro’s main asset.

/markets

Standard Chartered invests in post-trade FX platform Cobalt

Standard Chartered has invested in foreign exchange (FX) post-trade infrastructure provider Cobalt, joining Citi as the second client-side backer of the blockchain-based network.

/cloud

Argentex moves core software to AWS

Synetec, a trusted provider for reliable, bespoke software solutions for operationally critical environments, today announces they have successfully migrated Argentex Group Plc’s (Argentex) core business software to Amazon Web Services (AWS).

/payments

Cambridge Global Payments scores FEI Canada endorsement

Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce they have been selected by the Financial Executives International Canada (“FEI Canada”) board as the endorsed and exclusive provider of foreign currency exchange and international payments solutions for FEI Canada members across the country.

/payments

OFX Group rolls out multi-currency account for businesses

OFX Group Limited (ASX: OFX), one of the world's leading international payments providers, today introduced a multi-currency account for businesses to help them manage international cash flow.

/Foreign exchange

SGX to acquire BidFX

Singapore Exchange is to enter the over-the-counter FX market after acquiring the remaining 80% stake in BidFX from its other shareholders for a cash consideration of approximately $128 million.

/markets

CBOE to challenge Refinitiv with central limit order book for FX

Cboe FX Markets, a Cboe Global Markets, Inc. (Cboe: CBOE) company and a leading platform for institutional foreign exchange (FX) trading globally, today announced plans to launch Cboe FX Central, a new central limit order book (CLOB) designed to bring competition and innovation to the FX market.

/wholesale

Profile Software unveils Acumennet eFX

Profile Software, a leading financial solutions provider, announced today the launch of the Acumennet eFX solution, which is uniquely designed to support banks’ agents, branches, digital channels and clients accessing and managing their Foreign Exchange Risk quickly and effectively.

/devops

Swedbank adds FX to API suite

We are very happy to announce that we now are adding a new API to Swedbank Open Bankink: RestFX.

/markets

Deutsche Bank to launch e-FX trading hub in Singapore

Deutsche Bank today announced that it will establish an electronic foreign exchange (e-FX) hub in Singapore by developing an FX trading and pricing engine onshore, in conjunction with the Monetary Authority of Singapore.

/retail

Built for Mars’ Peter Ramsay: HSBC needs Tom Blomfield-like figure to truly transform UX

Built for Mars’ Peter Ramsay has released the fourth instalment of the now sought-after ‘UX for banking’ series where he reviews 12 UK-based banks and reveals whether the experience of opening an account, making a payment or freezing a card is slicker and quicker when banking with the digital challengers.