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UK to host global AI summit at historic Bletchley Park

/devops

UK to host global AI summit at historic Bletchley Park

Prime Minister Rishi Sunak has announced that the global summit on the safety of artificial intelligence (AI) will be hosted at the historic Bletchley Park in Milton Keynes, where Alan Turing and a group of codebreakers cracked the Enigma code during World War II.

Mastercard launches AI centre in UAE to bolster Middle East growth

/devops

Mastercard launches AI centre in UAE to bolster Middle East growth

Mastercard has partnered with the UAE government to advance AI capabilities and development in the Middle East. Along with the partnership Mastercard has established a global Centre for Advanced AI and Cyber Technology in Dubai to accelerate generative AI research.

Citi invests in Peruvian FX fintech Rextie

/payments

Citi invests in Peruvian FX fintech Rextie

US banking giant Citi has made a strategic investment in Peruvian foreign exchange fintech Rextie.

/markets

Danske Bank joins DMALINK FX ecosystem

DMALINK, the EM-focused institutional FX ECN bolsters its Scandinavian currency presence. The firm revealed that Danske Bank A/S, has added DMALINK as a platform to provide custom Scandinavian eFX pricing to its buy-side clients.

TT boosts cross-asset offering with Abel Noser Solutions acquisition

/markets

TT boosts cross-asset offering with Abel Noser Solutions acquisition

Capital markets tech vendor Trading Technologies has agreed to buy Abel Noser Solutions (ANS), a provider of transaction cost analysis for investment managers, brokers, asset owners and consultants. Financial terms of the deal were not disclosed.

/payments

TreviPay adds support for B2B cross-currency sales

TreviPay, the global B2B payments and invoicing network, today released a new capability to support cross-currency sales between businesses, showcasing its commitment in orchestrating choice, convenience and efficiency in B2B payments to merchants around the world.

/payments

Koverly releases 'Pay in 30' for deferred foreign exchange payments

Koverly, a global B2B payments solution providing payment flexibility alongside reduced foreign exchange rates, introduces the only buy now, pay later (BNPL) solution to give a 30-day extension on FX payments at no cost to the buyer or seller.

/markets

Bloomberg's FXGO expands pricing quality analytics

Bloomberg today announced the addition of a new suite of FX Pricing Quality tools, available to FXGO clients through Bloomberg’s multi-asset reporting tool for electronic trading (MISX).

UK forms climate finance partnership with Fiji

/sustainable

UK forms climate finance partnership with Fiji

The UK Government has announced that the British High Commission (BHC) in Suva, Fiji have formed a partnership to deliver climate finance projects in Pacific Island countries.

/payments

FinMont partners with Chargebacks911

Global payment orchestration platform, FinMont, has announced a new partnership with leading chargeback management company Chargebacks911. The alliance will amplify FinMont’s unique global payment ecosystem and offer travel merchants a comprehensive chargeback management plan with enhanced data analysis, increased profits, and greater revenue.

CBDC benefits found in Digital Dollar Project’s pilot study

/crypto

CBDC benefits found in Digital Dollar Project’s pilot study

The Digital Dollar Project has concluded their pilot study into digital currency opportunities alongside Western Union, BDO Unibank in the Philippines, and Accenture.

Fintech and sustainability at the heart of UK and Singapore’s Financial Dialogue

/sustainable

Fintech and sustainability at the heart of UK and Singapore’s Financial Dialogue

HM Treasury and the Monetary Authority of Singapore (MAS) held the eighth UK-Singapore Financial Dialogue in London yesterday, discussing further collaboration in sustainable finance and fintech.

/payments

Deutsche Bank joins CLSNet

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that Deutsche Bank has gone live on CLS’s bilateral payment netting calculation service for over 120 currencies – CLSNet.

/payments

Travelex taps HedgeFlows for pre-order FX service

HedgeFlows, a FinTech platform for small and medium enterprises (SMEs), has partnered with Travelex to help people plan against volatile exchange rates.

/cloud

NovoPayment unveils new middleware orchestration layer

NovoPayment, a mission-critical financial and payments infrastructure provider, today released Orchestra 2.0, an advanced cloud-based middleware orchestration layer of its industry-leading BaaS platform. Orchestra is designed to help financial institutions quickly modernize their infrastructure in a more secure, scalable, and cost-effective way.

RTGS.global to pilot cross-border service with banks in Georgia and Tajikistan

/payments

RTGS.global to pilot cross-border service with banks in Georgia and Tajikistan

RTGS.global has signed pilot agreements with MDO Humo in Tajikistan and Credo Bank in Georgia as a move to run pilots of its settlement service in Central Asia.

CAB Payments raises up to £335m in London listing

/markets

CAB Payments raises up to £335m in London listing

British business-to-business cross-border payments firm CAB Payments raised up to £335 million through a listing on the London Stock Exchange.

Exploring the Multi-Currency and FX Landscape in Latin America

/payments

Exploring the Multi-Currency and FX Landscape in Latin America

Speaking at TCF 2023, Rodrigo Silva, SVP Sales, LATAM, Temenos, talks about the progress made so far in the LATAM regarding multi-currency and the need for FX. We hear how far LATAM have come with Open Banking & RTP, and the role of Temenos here.

CAB Payments plans London listing

/payments

CAB Payments plans London listing

British business-to-business cross-border payments firm CAB Payments is planning to list on the London Stock Exchange.

/markets

Citi taps NetDania for charting and data visualisation

NetDania, part of United Fintech, today announced it has been selected by Citi to provide advanced charting and data visualisation on its platform, Velocity 3.0.

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