Category : Currency Exchange

Currency Exchange News

Kyriba’s Currency Impact Report: Multinational Corporations Quantify FX Impacts Totaling Near Record $32.21 Billion

Business Wire
by Business Wire0
FX Volatility Leads to Third Largest Quantified Earnings Impact to Date as CFOs Continue to Struggle with Currency Risk 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 and Europe with at least......
Currency Exchange Fintech News

Reltime Unveils Revolutionary Wrapped FIAT and CBDC Service Set to Transform Global Financial Landscape

PR Newswire
by PR Newswire0
Oslo-based fintech firm, Reltime AS, has announced the groundbreaking launch of its unique Wrapped FIAT and Central Bank Digital Currency (CBDC) services. This innovation will democratize digital currency access dramatically and redefine the global financial landscape by providing instantaneous, zero-cost transactions with immense trust that fiat currencies bring. Reltime’s innovative platform and......
Currency Exchange News

JLT GROUP: Embrace New Financial Technology to Create a Safe and Reliable Foreign Exchange Trading Environment

GlobeNewswire
by GlobeNewswire0
Recently, due to the thunder of European and American banks, the international financial market sentiment has been very fragile, and investors are worried and anxious about the current financial market derivatives investment. How to obtain stable and high-return investment in the current “turbulent” financial market has become a question for......
Banking Currency Exchange Featured Fintech Primers

Uncovering Central Bank Digital Currencies (CBDCs)

Pooja Choudhary
by Pooja Choudhary0
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
by Fintech News Desk0
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
by Pooja Choudhary0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech Staff Writer0
 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......
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