Foreign exchange

803 articles tagged with this keyword

/retail

Nubank Ultravioleta enters travel segment

Nubank Ultravioleta, the exclusive experience for high-income Nubank customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, Wise’s market-leading global infrastructure solution for banks and large companies.

/payments

CAB Payments launches in Europe

CAB Payments Holdings today announced it has expanded into the European Economic Area (EEA) with the establishment of CAB Europe BV, trading as CAB Payments Europe.

/wholesale

Alpha Group to list on LSE main market

UK-based fintech consultancy Alpha Group is set to move its listing to the London Stock Exchange's (LSE) primary market as part of its expansion.

/retail

XTB surpasses 1m customer milestone

XTB, a global fintech offering an online investing platform and a mobile app, announced a new milestone as it now serves one million customers worldwide.

/markets

ANZ goes live on CobaltFX credit management platform

Australia and New Zealand Banking Group (ANZ) has joined CobaltFX’s Dynamic Credit platform to manage credit exposure for FX trades on interbank trading venues.

/payments

EWG launches Lightspeed API for cross-border payments

Jersey based Fintech, EWG, launches revolutionary – Lightspeed API – the fast-start route to embedded cross-border payments and FX for Fiduciary, Corporate and Fund Services.

/payments

Ant Group raises transaction limits for travelers on e-wallet services inline with new PBOC policy

In response to China's new policies to facilitate international visits, Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from USD 1000 to USD 5000; and annual cumulative transaction limit up from USD 10,000 to USD 50,000.

/payments

Currencycloud and TangoPay combine for remittances

Currencycloud, the experts simplifying business in a multi-currency world, has partnered with UK-based Fintech, TangoPay to further enhance its existing remittance service for its UK-based expat customers by adding real-time competitive foreign exchange (FX) rates and additional localized payment options.

/people

ATFX appoints FX pioneer Drew Niv as chief strategy officer

ATFX proudly announces the appointment of Drew Niv, a distinguished pioneer and thought leader in the FX industry, as its Chief Strategy Officer.

/markets

Tradefeedr data analytics feed embedded with LSEG FX trading ecosystem

Tradefeedr, the leading network for FX trading analytics and collaborative data sharing, and LSEG FX, today announce plans to enter into a strategic partnership to integrate Tradefeedr’s unified data APIs within the LSEG FX trading ecosystem, including LSEG’s leading venue FXall and flagship workflow tool, LSEG Workspace.

/payments

Top 5 payment stories you missed in January 2024

Fintech is a busy world and sometimes we miss out on the biggest stories. Here are some of the top stories we saw in January 2024.

/markets

Universal Partners opens applications for FX Academy

Universal Partners, a leading provider of financial services to businesses, today announced that applications are now open for a new intake of cohorts for its FX Academy, a comprehensive twelve-month training scheme designed to identify, cultivate and recruit exceptional diverse talent looking to launch a career in financial markets.

/wholesale

Kantox ships In-House FX: Centralising FX management for global businesses

Kantox, a global leader in Currency Management Automation software, has today announced the launch of Kantox In-House FX.

/retail

Wise accuses high street banks of hidden exchange rate fees

For GBP to EUR, Wise reports that HSBC has the highest fee for exchange rates (3.7%), followed by Lloyds at 3.6%, Barclays at 2.75%, and NatWest, TSB and Santander all at 2.5%.

/payments

Ebury becomes Rangers FC FX transfer partner

Rangers Football Club are today delighted to announce a partnership with Ebury that will see one of the fastest-growing global fintech companies become the club’s Official FX Transfer partner.

/wholesale

AbbeyCross raises $6.5m for emerging markets FX platform

AbbeyCross, a wholesale FX platform focused on improving the payment market infrastructure for emerging market currencies, has raised US$6.5 million in a seed funding round.

/markets

FlexTrade EMS to integrate with FXall

FlexTrade Systems, a global leader in multi-asset execution and order management systems, and LSEG, have today announced a partnership to deliver FlexTRADER EMS clients seamless access to FXall, LSEG’s leading electronic trading platform for global currency products.

/payments

Nth Exception launches AI tool for ISO 20022 adoption

London-based fintech Nth Exception has launched Nucleus, a machine learning data fabric to ease financial institutions into ISO 20022 adoption.

/Foreign exchange

CLS to welcome first Taiwanese bank to CLSNet

CLS, a financial market infrastructure group delivering settlement, processing, and data solutions, today announced that Taipei Fubon Bank, a leading bank in Taiwan, is the first Taiwanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service for over 120 currencies.

/security

HSBC trials quantum protection for AI-powered FX trading

HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.