Foreign exchange

814 articles tagged with this keyword

/payments

Western Union deploys Integral BankFX

Integral announced today that it has partnered with Western Union, a leader in cross-border, cross-currency money movement and payments, to employ eFX risk management technology across its Western Union Business Solutions platform.

/Foreign exchange

SmartTrade wins Desjardins deal

smartTrade Technologies, a global leader in multi-asset electronic trading solutions, announces today that Desjardins, leading Canadian financial services company, has selected LiquidityFX, smartTrade’s fully hosted and managed Foreign Exchange (FX) platform, to provide enhanced FX services to its clients.

/retail

Travelex wins Bahrain International Airport deal

Travelex, a Finablr company and market leading Foreign Exchange specialist, has extended its relationship with Bahrain International Airport (BIA) operating multiple outlets at the new Passenger Terminal Building.

/Foreign exchange

Sumitomo Electric Industries joins CLSSettlement as a third-party participant

CLS, a market infrastructure delivering settlement, processing and data solutions, announced today that Sumitomo Electric Industries (SEI) is the first Japanese manufacturing company to access CLSSettlement as a third-party participant.

/Foreign exchange

FCA reports a drop in suspicious transactions

The number of suspicious transaction and order reports (STORs) recorded by the UK's Financial Conduct Authority (FCA) has reduced for the first time since records began in 2016

/Foreign exchange

Standard Chartered signs with Cobalt

The foreign exchange post-trade infrastructure provider Cobalt, has today announced that Standard Chartered is the latest client to sign.

/Foreign exchange

Sucden Financial goes live on Cobalt

The post-trade infrastructure provider Cobalt, has today announced that Sucden Financial, is the latest institution to join Cobalt’s post-trade technology network for its substantial FX business.

/Foreign exchange

Israel Discount Bank Implements Integral tech

Israel Discount Bank announced today that it has partnered with Integral to deploy new eFX workflow automation and trading technology to drive business growth.

/markets

FXCM PRO enters liquidity distribution partnership with Your Bourse

FXCM Group, LLC (‘FXCM Group’ or ‘FXCM’), a leading international provider of online foreign exchange and CFD trading, announced that FXCM Pro, the institutional arm of the business, built a partnership with Your Bourse, a technology company providing liquidity aggregation and risk management platform for MT4/MT5 brokers with hosting in Equinix data centres.

/Foreign exchange

ACI FMA partners with Axiom Global Advisors to boost industry-wide FX Global Code implementation

The ACI Financial Markets Association (ACI FMA) has today announced a partnership with Axiom Global Advisors (Axiom) to help Market Participants around the globe implement and adhere to the FX Global Code.

/Foreign exchange

CLS welcomes first Philippine third-party bank to settlement service

CLS, a market infrastructure delivering settlement, processing and data solutions, announced today that Metrobank is the first Philippine bank to access CLSSettlement as a third-party participant. UBS, a CLSSettlement member, will provide access to Metrobank.

/Foreign exchange

Additional participants join CLS’s DLT bilateral payment netting service

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Actinver, BNP Paribas, Citibank and J.P. Morgan are live on CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform.

/payments

Foreign Currency Direct buys Earthport's corporate FX biz

Foreign Currency Direct has bought the corporate FX unit of Earthport, the cross-border payments firm acquired by Visa last year. Financial terms were not disclosed.

/Foreign exchange

Citi set for go-live on Cobalt post-trade network

Cobalt, the foreign exchange (FX) post trade infrastructure, has announced today that Citi intends to go live on its infrastructure for bilateral trading.

/markets

Kx technology selected by SMBC to build and manage e-FX infrastructure

Sumitomo Mitsui Banking Corporation is the latest bank to turn to Kx to meet its advanced trading, analytics and risk management requirements, extending Kx’s market-leading presence in Foreign Exchange

/markets

Deutsche Bourse and Euronext eyed as potential Currenex suitors

State Street may be looking for a buyer for its multi-bank FX platform Currenex, with Deutsche Bourse and Euronext both in the frame as potential suitors.

/wholesale

INTL FCStone to buy Giroxx

INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd., executed a sale and purchase agreement to acquire Giroxx GmbH in Frankfurt, Germany. Closing is conditional upon the approval of the Bundesanstalt für Finanzdienstleistungsaufsicht [BaFin].

/regulation

Regulert readies for new rules on transparent FX rates

A Dublin headquartered technology company, Regulert, has launched a solution for banks and card issuers, providing a seamless and simple path for compliance with new rules on transparent FX charges (Regulation (EU) 2019/518).

/payments

EQ Bank partners with TransferWise on international money transfers

EQ Bank, the digital platform offered by Equitable Bank, Canada's Challenger Bank™, announces a partnership with TransferWise, the global technology company for international money transfers. The result is fully transparent, remarkably fast international money transfers that are up to 8x cheaper1 for EQ Bank customers.

/payments

IBanFirst acquires German FX startup Forexfix

After establishing itself in the Netherlands last month, iBanFirst, global financial services provider delivering solutions across banking borders, today announced the acquisition of Forexfix, a German foreign-exchange start-up based in Berlin with clients across Germany, Austria and Switzerland. As a result, Forexfix’s customers will benefit from iBanFirst’s award-winning online platform, a single interface to receive and make cross-border payments, hedge foreign exchange risks and finance their international growth. This takeover is instrumental in iBanFirst’s change of scale and contributes to the 5 billion euros in payments processed for its more than 3 000 clients this year.