Foreign exchange

803 articles tagged with this keyword

/sustainable

COP28: UAE commits $30bn to climate finance

The UAE has announced a $30 billion investment to launch a climate-focused investment vehicle at COP28, that will set the foundation to establish a more transparent climate finance system and provide funding and access to the Global South.

/crypto

Coinpanion joins global alternative investment platform Altify

Austrian crypto investing platform Coinpanion joins Altify — a global alternative investment platform. Customers will soon have access to a wide range of alternative investment opportunities, such as private loans, real estate or venture capital, alongside Coinpanion's existing offering of ETF-style crypto portfolios. At Altify, Coinpanion is joined by two other investment platforms — Revix and BitFund.

/regulation

EU considers widening scope of cybersecurity regulation

The EU is contemplating the need to widen scope of cybersecurity regulation to impact Big Tech, banks, and airlines as more companies move to the cloud to drive innovation.

/regulation

LMAX secures licence in Singapore

LMAX Group, a leading operator of institutional exchanges for trading FX and digital assets, today announces that its subsidiary, LMAX Exchange Singapore, has received a Recognised Market Operator (RMO) Licence from the Monetary Authority of Singapore (MAS).

/wholesale

LCH ForexClear and Quantile launch FX clearing service

Quantile and LCH ForexClear, both LSEG Post Trade businesses, today announced they have delivered the market’s first FX Smart Clearing service.

/markets

Citi develops blockchain FX product under Singapore's Project Guardian

Citi has developed an innovative application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades.

/payments

Mangopay releases end-to-end FX package for platforms and marketplaces

Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, today announces the expansion of its cross-border capabilities with the launch of its end-to-end FX solution, designed to support the international growth of platforms and marketplaces.

/payments

Jeeves and Bexs launch cross-border B2B payments platform in Brazil

Ushering in a new era of financial efficiency, Jeeves, a global expense management and cross-border payments platform, in partnership with Bexs, the acclaimed bank specializing in FX and digital payments, proudly introduces Brazil’s first-ever fully digital self-service cross-border Business-to-Business (B2B) payment platform.

/wholesale

CobaltFX launches trade notification network

A Single Point of Failure (“SPoF”) in FX post-trade messaging, created by decades of market consolidation, poses a significant threat to the entire global financial ecosystem says industry veteran Andy Coyne of CobaltFX, voicing his concerns as the British fintech launches its alternative post-trade messaging service in efforts to de-risk FX and deal with lack of competition in the world’s effectively largest market.

/people

AbbeyCross appoints ex-American Express VP of FX and global payments as chief commercial officer

AbbeyCross, the world’s first wholesale FX platform focused on improving the payment market infrastructure for Emerging Market currencies, has appointed Olann Kerrison as Chief Commercial Officer based in London.

/markets

FXSpotStream joins the FairXchange ecosystem

In the complex Foreign Exchange (“FX”) ecosystem, the convergence of real-time streaming and advanced analytics stands to reshape the industry.

/payments

BNY Mellon introduces Universal FX

BNY Mellon (NYSE: BK) announced today the launch of Universal FX, a new foreign exchange (FX) platform that meets client needs to manage execution across their entire portfolio and access market-leading price transparency.

/payments

Nium introduces GlobalFX

Nium, the leader in real-time global payments, today announced Nium Global FX— a product that allows for guaranteed and competitive FX rates.

/regulation

US Treasury proposes crypto mixer-crackdown to end anonymous transactions

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has proposed a new rule that will increase transparency around crypto mixer transactions.

/wholesale

DKK Partners closes £3 million pre-seed round

DKK Partners, a leading Frontier Markets FinTech company which specialises in emerging markets (EM) and foreign exchange (FX) liquidity has announced the successful closing of their pre-seed funding raise, totalling £3 million, prior to Series B set to take place at the beginning of 2024.

/payments

Visa launches global cross-border money movement package

Visa has leveraged its acquisition of Currencycloud to launch a new global cross-border money movement service for banks, fintechs, FX brokers, corporates, and other payment institutions.

/inclusion

Inpay partners with Red Cross to reduce money transfer costs

Cross-border payments fintech Inpay has announced a partnership with the Red Cross in Denmark to enable emergency funding across more countries.

/people

FairXchange names Will Holt as head of R&D

Renowned for leading innovations and microstructural analysis within the financial sector, FairXchange today proudly announces the strategic onboarding of Will Holt, known for his roles at industry leaders, including Goldman Sachs and Tudor Investment Corporation.

/Foreign exchange

The Future of the Global Financial Ecosystem 2024

1037 downloads

/payments

Currencycloud and Go Markets partner to streamline international transactions

Currencycloud, the experts in simplifying business in a multi-currency world, have partnered with Australia-based CFD broker GO Markets to streamline and automate client deposits and withdrawals, while benefiting from real-time, API-driven competitive FX rates.