Foreign exchange

873 articles tagged with this keyword

/payments

ABN Amro joins CLSSettlement

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that ABN AMRO has re-joined CLSSettlement as a settlement member effective May 5.

/markets

Money 20/20: A spotlight on the fintech reopening access to African markets

At the start of Covid, large Fortune 500 companies began to leave the African financial markets, citing too much illiquidity and uncertainty. One Ireland-based startup, featured on this year’s Money 20/20 ‘Startup Spotlight’ session, built a solution.

/markets

BME showcases new FX settlement system

BME has presented today, at an event held at the Madrid Stock Exchange Palace, its new foreign exchange transaction settlement system in payment versus payment mode (FXS), which recently received approval from the Bank of Spain.

/payments

Lloyds to release FX execution algorithm in partnership with BNP Paribas

Lloyds today announced a partnership with BNP Paribas to offer its corporate and financial institution clients access to market-leading FX Execution Algorithms (EAs).

/regulation

EBAday 2025: Building the banking ecosystems of the future

Wolfgang Ehrmann, chairman of the board, Euro Banking Association (EBA), kicked off EBAday 2025 in the historic Louvre in Paris with a welcome statement. Ehrmann reflected that today marks the 20 year milestone of EBAday as well as the fortieth anniversary of the EBA, and highlighted the event’s growth to over 1,400 experts in Paris today.

/startups

OpenFX raises $23m to bring real-time settlement to cross-border payments

Foreign exchange infrastructure company OpenFX has emerged from stealth with $23 million in funding led by Accel.

/wholesale

Ant Financial partners with Barclays for treasury management

Ant International has entered a partnership with leading UK bank Barclays to enhance efficiency and resilience in global treasury management for businesses.

/payments

Barclays deploys Ant International's FX forecasting model for global treasury management

Barclays Bank is to use Ant International's proprietary Time-Series Transformer (TST) AI FX Model, to help businesses reduce FX-related costs and risks against global volatilities.

/people

Citi hires former US trade representative Robert Lighthizer to advise on tariff implications

Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.

/markets

IFX Payments reaches agreement in principle to acquire Argentex Group

Today, alternative banking partner IFX Payments announces they have reached an agreement in principle to acquire Argentex Group PLC, a publicly listed FX options and electronic money institution, bringing together two established players in the UK Payments and FX space.

/payments

Cross-border payments firm Altery partners with UnionPay to offer payment solutions in UK

Altery Ltd, a UK fintech startup, is excited to announce its partnership with UnionPay International as a principal member, following the official approval on September 13th, 2024.

/payments

EU central banks explore synchronised settlement in FX

The Bank for International Settlements and its central bank partners have successfully demonstrated how wholesale payment infrastructures, such as RTGS systems, can interoperate with each other for FX transactions via new technologies, such as distributed ledgers.

/payments

Standard Chartered becomes first bank to join the Temenos partner programme

Standard Chartered has embedded its FX API service on the Temenos Exchange ecosystem, becoming the first bank to join the core banking vendor's partner programme.

/markets

FPFX to bring Acuity's research terminal to clients

FPFX Technologies, the leading SaaS provider for institutional-grade prop trading technology, has announced a strategic partnership with Acuity Trading, a global leader in AI-driven trading insights, to bring Acuity’s award-winning Research Terminal to FPFX clients and PropAccount.com users.

/people

Darryl Hooker joins Digitec as head of business development and partnerships

DIGITEC, the global standard for FX Swaps and NDF pricing technology and workflow automation, today announced that Darryl Hooker had joined as Head of Business Development and Partnerships.

/payments

Itaú Unibanco enables in-app instant FX payments

Itaú Unibanco announces that its customers will now be able to send and make payments in foreign currency instantly and directly through the Itaú app.

/markets

Banco Base selects Integral’s FX technology to bolster derivatives operations

Integral, a leading currency technology provider to the financial markets, today announced that Mexican bank Banco Base has adopted its FX technology to elevate its derivatives operations and remain one step ahead of competitors.

/crypto

Crypto meets forex: Finrax and FXBO team up

Finrax, the leading crypto payment gateway bridging crypto and fiat, offering fast and reliable payment processing, has announced a partnership with FXBO.

/markets

Stablecoin de-pegging to be probed by Ripple, Warwick Business School’s Gillmore Centre

The research is funded by the University of California, Berkeley’s Centre for Responsible Decentralized Intelligence, and will involve collaboration between Warwick’s own Dr Ganesh Viswanath-Natraj, Ripple Research, and the University Blockchain Research Initiative (UBRI), the $50 million research division of Ripple.

/people

Kantox appoints Andrew gage as US sales diretor

Kantox, a leading provider of Currency Management Automation solutions, is further strengthening its global position with the appointment of Andrew Gage as its new US Sales Director.