Category : Currency Exchange

Banking Currency Exchange Featured Fintech Primers

Uncovering Central Bank Digital Currencies (CBDCs)

Pooja Choudhary
Roughly 90 percent of the world’s central banks are pursuing central bank digital currency (CBDC) projects. A few including those in the U.S. and South Africa, are in the exploratory phase; others are development projects (the European Union) and pilots (China). In some locations, including Nigeria and the Bahamas, solutions......
Currency Exchange News

EbixCash Becomes the First to Launch UPI for Foreign Nationals Visiting India

Fintech News Desk
EbixCash Limited, a subsidiary of Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, announced that it has become the first company in India to pioneer, launch and enable Unified Payments Interface (UPI) transactions for foreign nationals visiting India.......
Currency Exchange Featured Fintech Primers

How Does A Currency Exchange Work?

Pooja Choudhary
Indeed currency exchange holds an important place in the financial jungle. Let’s understand what exactly is currency exchange and all its aspects which shall give a good insight into this topic. What Is Currency Exchange? Currency exchange is a systematized platform where customers can exchange one currency for another. Currency......
Currency Exchange News Risk Management

Kyriba’s Currency Impact Report: Record $47 Billion in FX Headwinds for Multinationals

Fintech News Desk
January 2023 Report Shows FX as a Material Drag on Financial Results at North American and European Corporations with Total Impacts Reaching $64.22 Billion Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America......
Currency Exchange Digital News

Canada’s ATB Financial Adopts smartTrade’s Leading FX Solution

Fintech News Desk
smartTrade Technologies announced that Alberta-based ATB Financial, the largest financial institution in the province of Alberta, has adopted smartTrade as its client-facing foreign exchange (FX) web platform. “Our team’s wealth of experience in financial markets meant that we fully understood ATB’s needs. smartTrade’s sophisticated functionality has allowed the bank to reduce......
Banking Currency Exchange News

New EQ Bank Card Gives Customers the Ability to Save, Earn, and Spend Their Money

Fintech News Desk
EQ Bank, powered by Equitable Bank, Canada’s Challenger Bank, has partnered with Mastercard to launch the EQ Bank Card. The card is an innovative new way for customers to withdraw cash for free at any ATM in Canada, all while earning cash back on their spending and high interest on their......
Currency Exchange Fintech News

Strong Consensus About Multi-Currency Transition By 4A’s, ANA, CIMM And Deloitte

Fintech Staff Writer
 As the TV industry shifts to a multi-currency marketplace, the primary perceived benefit is improved integration of cross-platform inventory to better enable transacting and counting of all ad delivery and audiences across all forms of viewing. However, lack of collaboration, new demands on systems, and process changes are creating roadblocks......
Currency Exchange Digital Asset Management News

Bintai Kinden Ventures into Digital Assets

Fintech News Desk
Company’s latest initiative part of treasury management and business expansion plans Bintai Kinden Corporation Berhad, a mechanical and electrical (M&E) engineering services specialist, is venturing in digital assets through wholly-owned subsidiary Bintai Trading Sdn Bhd (BTSB) as part of the Company’s treasury management while taking into consideration longer-term needs in......
Currency Exchange Fintech News

Invest Ecapitals Introduces More Forex Trading Pairs

Fintech News Desk
Foreign exchange is the largest financial market and it accommodates the trading of trillions of dollars daily. Most traders pursue their financial goals in the forex market to take advantage of its high liquidity and volatility. In response to this high demand, Invest Ecapitals has recently announced an extension of offered forex......