Foreign exchange

899 articles tagged with this keyword

/devops

People's Bank of China opens digital yuan operation centre in Shanghai

On Thursday, the People’s Bank of China (PBOC) opened a digital yuan (e-CNY) international operations centre in Shanghai, in a move to drive CBDC innovation.

/startups

Nvidia invests £2 billion into UK AI ecosystem including Revolut, Nscale - Bloomberg

Nvidia Corp has pledged £2 billion to fund AI innovation and development in the UK, investing in AI companies, fintech firms, and startups.

/payments

Paymentology partners with Enjaz to boost digital payments in Saudi Arabia

Paymentology, the leading global issuer-processor, has signed a Memorandum of Understanding (MOU) with Enjaz, one of Saudi Arabia’s most trusted providers of remittance and digital payment solutions.

/Foreign exchange

The Future of Cross Border Payments 2026: Strategies for Success

801 downloads

/payments

CLS welcomes U.S. Bank as setttlement member

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces that U.S. Bank National Association (U.S. Bank) has joined CLSSettlement as a settlement member and become the third settlement member to join this year, bringing the total number of settlement members to 76.

/markets

British Arab Commercial Bank taps Integral for FX overhaul

UK-based international wholesale bank British Arab Commercial Bank (BACB) has chosen Integral, a leading currency technology provider to the financial markets, to transform its FX operations.

/regulation

FTC Chair warns US big tech on complying with UK and EU online safety acts

US Federal Trade Commission Chairman Andrew Ferguson warned American tech giants against complying with the UK and EU’s new digital content laws to avoid violating US data protections.

/startups

FX fintech Glyde selected for JPMorgan Chase’s Fintech Forward Programme

Borderless currency platform Glyde has been selected as one of just 15 fintechs nationwide to join JPMorgan Chase’s Fintech Forward Programme, a highly competitive accelerator designed to support high-potential UK fintechs poised to shape the future of financial services.

/retail

Fiinu plans reverse takeover of FX brokerage Everfex

Fiinu Plc (AIM: BANK), the London-listed fintech behind the Plugin Overdraft® platform, has announced a proposed reverse takeover of Everfex, a profitable foreign exchange brokerage.

/payments

OTP Bank joins CLSSettlement as a settlement member

CLS, a financial market infrastructure group delivering settlement, processing and data solutions across the global FX ecosystem, announced today that OTP Bank Plc. (OTP Bank), has joined CLSSettlement as a settlement member.

/payments

Sainsbury's sells travel money business to Fexco

UK supermarket group Sainsbury's is offloading its travel money business to Ireland's Fexco. Financial terms were not disclosed.

/retail

Brazil's QI Tech hunts acquisitions after $63m raise

Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.

/markets

First trades executed on LoopFX

LoopFX has officially launched as a live FX liquidity network.

/payments

PXP moves into FX with Moneycorp

PXP accelerates its evolution beyond payments and continues to build a comprehensive commerce ecosystem of complimentary products and services.

/payments

Corpay agrees $2.2bn Alpha Group takeover

Corporate payments outfit Corpay has agreed to buy British peer Alpha Group for $2.2 billion in cash.

/payments

CLS unveils redesigned CLSClearedFX service; LCH first CCP to go live

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces a redesign of its CLSClearedFX service, with LCH ForexClear as the first central counterparty (CCP) to go live on the service.

/ai

Citi and Ant International pilot AI-enabled forecasting solution to enhance FX risk management

Citi and Ant International announced today that they are piloting the use of Ant International's Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers.

/Foreign exchange

Cross-border payments as the next fintech frontier

565 downloads

/markets

Bloomberg BFIX expands spot FX data sources

Bloomberg Index Services Limited (BISL) announced an agreement with CME Group to include EBS Market’s Spot FX transactions in its Bloomberg FX Fixings (BFIX) offering.

/crypto

Standard Chartered launches bitcoin spot trading

Standard Chartered has become the first global systemically important bank to offer digital asset spot trading to institutional clients.