Foreign exchange

803 articles tagged with this keyword

/Foreign exchange

Ascent connects with Afex FX layer

AFEX, one of the world's largest non-bank providers of global payment and risk management solutions, has partnered with Ascent Software, to enhance its award-winning straight-through processing pre-payment and post-payment software, Trident Connect.

/Foreign exchange

Moneycorp makes acquisitions in South America and UK

The Moneycorp Group has reached agreements to acquire fast-growing Brazilian foreign exchange business, Novo Mundo Corretora de Câmbio, and UK-based currency specialist, First Rate FX Ltd.

/Foreign exchange

Moneycorp chooses Datapipe to expand infrastructure globally

Datapipe, a leader in managed cloud services for the enterprise, has been chosen by Moneycorp, the independent foreign currency exchange broker, to expand the company’s IT infrastructure to its newly acquired international offices.

/Foreign exchange

Absa joins CLS as a new settlement member

CLS Group (CLS), a market infrastructure delivering settlement, processing and data solutions, today announced that Absa Bank Limited (Absa) has joined as a settlement member.

/Foreign exchange

Airwallex joins Railsbank platform

Airwallex, the Australian-based Tencent, Mastercard and Sequoia Capital backed cross border payments company, and Railsbank, the UK-based open-banking and regtech platform, today announced a strategic partnership enabling Airwallex customers to transact in and out of the UK & EU SEPA zones, and Railsbank customers to access the cross-border FX and payments capabilities of Airwallex.

/Foreign exchange

Barracuda FX releases cloud-based OMS

Barracuda FX, the specialist provider of FX Order Management technology, today announced the launch of OMSCloud, a revolutionary new product.

/Foreign exchange

TransferTo and Fern Software chosen for UN inclusion grant

TransferTo, a global Cross-Border Mobile Payments Network for emerging markets, and Fern Software, a leading provider of banking software for inclusive financial institutions worldwide, have together been awarded a grant as part of the United Nations Capital Development Fund (UNCDF) third window of the Shaping Inclusive Finance Transformations (SHIFT) Challenge Fund.

/Foreign exchange

Travelex teams up with Xpress Money for transfers

Xpress Money, one of the most dependable money transfer brands in the world, has announced a strategic partnership with Travelex, a leading global expert in foreign exchange and cross-border international payment solutions, to provide instant global money transfers in its physical stores.

/Foreign exchange

NEX Optimisation provides central clearing connectivity for FX risk mitigation service

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that it has provided central clearing connectivity for its FX risk mitigation service in non-deliverable forwards.

/Foreign exchange

TransferWise to sell new shares to cement unicorn status

The two founders of start-up foreign exchange service TransferWise are reported to be preparing a sale of some of their shares in a further round of fundraising that could see the company's valuation exceed £1.2 billion, consolidating its unicorn status.

/Foreign exchange

CurrencyVue partners Afex for corporate FX hedging

Currency solutions platform, CurrencyVue, has today announced the launch of its Integrated FX Risk Management Platform, transforming the way businesses manage complex payments and FX hedging contracts.

/Foreign exchange

DBS opens multi-currency accounts for corporate clients

DBS Bank today announced the launch of the DBS Corporate Multi-Currency Account (Corporate MCA) to help businesses transact and manage up to 13 currencies[1] in separate e-wallets all maintained in one single account.

/Foreign exchange

Lucera banks on BSO to boost trading access to FX hubs

Leading market infrastructure provider Lucera has selected BSO’s Chicago-New York-London-Tokyo connectivity route to expand its global FX trading reach, as trading volumes start to rise.

/Foreign exchange

Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

/Foreign exchange

State Street joins FXSpotStream

FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that State Street has joined the Service as a liquidity providing bank to FXSpotStream’s price aggregation service.

/Foreign exchange

Vietcombank selects Thomson Reuters Electronic Trading

Vietcombank announced today it has selected Thomson Reuters Electronic Trading (ET) to power its business in Vietnam and strengthen its presence in both the local and international foreign exchange markets.

/Foreign exchange

NEX Markets launches NEX Quant Analytics

NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announces today that it has launched NEX Quant Analytics, the FX market’s largest and most comprehensive community-based analytics tool for clients trading on the EBS platform.

/Foreign exchange

CME to create spot FX basis spreads

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch spot foreign exchange (FX) basis spreads called 'CME FX Link' on CME Globex, CME Group's electronic trading platform.

/Foreign exchange

CLS to broaden product portfolio

CLS Group (CLS), the leading provider of risk mitigation and operational services for the global foreign exchange market, today announced its intent to launch a broader portfolio of products and services focusing on three business lines – settlement, processing, and data.

/Foreign exchange

Cobalt joins BT Radianz Cloud

BT today announced that Cobalt, the FX post-trade processing network based on distributed ledger technology, has joined the BT Radianz Cloud — the world’s largest financial community.