243 articles tagged with this keyword
News/Foreign exchange
Citi’s Treasury and Trade Solutions (TTS) has strengthened supplier finance offerings in partnership with the bank's internal platform WorldLink, allowing clients to transact and settle across multiple major currencies in the US with plans to expand globally.
21 October 2019
How can the established players in financial services deliver meaningful game-changing innovation? What are the challenges in building this from scratch and does the key lie in partnerships with fintechs and start-ups?
14 October 2019
News/wholesale
Societe Generale Corporate & Investment Banking (SG CIB) is offering clients the option to round up their foreign exchange transactions on electronic market platforms and give the difference to good causes.
30 September 2019
A new joint SWIFT and Boston Consulting Group (BCG) report reveals that interest in application program interfaces (APIs) is rapidly increasing in the securities servicing industry and firms may leverage the technology to handle diversity of asset types.
30 July 2019
UK-based mobile payments firm WorldRemit has raised $175m in a series D funding round that it says will be used to launch a new payments business aimed at the small and medium enterprises (SME) sector.
03 June 2019
The Financial Conduct Authority is warning the public to be wary of investment scams carried out via bogus online trading platforms, after recording over £27 million lost to fraudsters offering unfeasably high returns on crypto and forex investments.
21 May 2019
Traders from Barclays, RBS, Citigroup, JPMorgan and MUFG who used chat rooms to fix the spot forex market have cost their employers EUR1.07 billion in fines following an investigation by EU antitrust authorities,.
16 May 2019
Deutsche Bourse has confirmed that it is in talks with Refintiv over the acquisition of 'certain FX business units', following market speculation about a pending $3.5 billion swoop for multi-bank foreign exchange portal FXall.
11 April 2019
Singapore Exchange (SGX) has paid US$25 million for a 20% stake in BidFX, a specialised trading platform for global FX markets.
27 March 2019
News/ai
BNP Paribas has teamed up with Millennium Global Investments (MGI) on a foreign exchange index that uses artificial intelligence.
06 March 2019
IHS Markit has taken a minority stake in blockchain-based post-trade processing network Cobalt, embedding its MarkitSERV operation deeper into currency trading back offices.
30 January 2019
HSBC says its use of distributed ledger technology over the last year to settle more than three million foreign exchange transactions has proved a big hit.
15 January 2019
Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific
29 November 2018
FX risk reduction utility CLS has gone live with CLSNet, a bilateral payment netting application running on distributed ledger technology from IBM
28 November 2018
Morgan Stanley has invested $15 million in foreign exchange technology outfit Integral.
27 November 2018
E-invoicing and direct debits stand to be transformed as a result of the P27 initiative, as well as the promotion of healthy competition among banks for new products and services, according to panellists at Finextra's NextGen Banking Nordics annual conference in Stockholm
23 November 2018
Goldman Sachs and Nyca Partners have led a $32 million funding round in enterprise blockchain vendor Axoni.
14 August 2018
Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2018, in Miami. This event will focus on important issues affecting the financial industry in the region, and how the financial community can seize the opportunities that are emerging.
05 June 2018
Blockchain consortium R3 has banked a $5 million investment from FX risk platform CLS.
31 May 2018
The deployment of blockchain technology to streamline foreign exchange post-trade confirmation and matching has moved a step closer with the replication of an FX forward trade conducted by Commerzbank on behalf of thyssenkrupp across R3 Corda.
24 May 2018
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