Search Results for: foreign exchange

Citi Announces New Impact Fund Investments in Seven Companies
Banking News

Citi Announces Changes to Its Foreign Exchange Vendor Platform Requirements

Fintech News Desk
All foreign exchange platform vendors are required to sign the FX Global Code to achieve ‘priority’ status Citi announced a new set of requirements for its FX vendor platforms. Citi’s foreign exchange business is requiring foreign exchange platform vendors it connects through to commit to the principles of best practice......
The Securities and Exchange Commission's (SEC) Circular on the Trading Of Foreign Securities by Investment Platforms in Nigeria 2021: A Year for Quick Fix or Transformation for Finance & Accounting Outsourcing Industry
Guest Posts Insights

The Securities and Exchange Commission’s (SEC) Circular on the Trading Of Foreign Securities by Investment Platforms in Nigeria

Ibrahim Moshood
The apex regulator of securities in Nigeria, the Securities and Exchange Commission (“SEC”) has issued a circular, with respect to technology investment platforms providing the Nigerian public with access to foreign securities. The circular dated 8 April 2021, issues a strong warning to these investment platforms and Capital Market Operators......
Waves Exchange Rolls out Decentralized Forex with Seven New Stablecoins Pegged to Foreign Currencies
Cryptocurrency Fintech News

Waves Exchange Rolls out Decentralized Forex with Seven New Stablecoins Pegged to Foreign Currencies

Fintech News Desk
 Combining Forex and DeFi, DeFo users can earn up to 15% of their account balances through staking Waves.Exchange, the global cryptocurrency exchange, announced today the launch of Decentralized Forex (DeFo) a new trading model powered by stablecoins. Waves Exchange will support seven currency-pegged digital assets at launch: USDN, EURN, JPYN,......
Artificial Intelligence Featured Fintech Machine Learning

AI and Machine Learning: Transforming Global Payments and Global Money Exchange

Prajakta Ayade
The financial technology (fintech) industry is undergoing a profound transformation, driven by advancements in artificial intelligence (AI) and machine learning (ML). These technologies are revolutionizing payment systems and global money exchange, bringing unprecedented efficiency, security, and innovation to the financial sector. Enhancing Payment Systems AI and machine learning are enhancing......
TerraPay and Al Ansari Exchange Partner to Simplify Money Transfer
Digital Payments News

TerraPay and Al Ansari Exchange Partner to Simplify Money Transfer

PR Newswire
TerraPay, a prominent global money movement company, has partnered with Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI]. TerraPay’s global payment solutions for local payout needs integrated with Al Ansari Exchange’s extensive network expands......
What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One
Cryptocurrency Featured

What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One

Prajakta Ayade
The world of cryptocurrency isn’t new now, but is exciting, baffling, and everything in between. For those new to the crypto space, navigating exchanges – the platforms where you buy and sell digital currencies – can feel like deciphering a foreign language. Since the advent of Bitcoin in 2009, the......
Global Times: Beijing’s Innovation, Opening-up Efforts in Financial Sector More Attractive for Foreign Players
Fintech News

Global Times: Beijing’s Innovation, Opening-up Efforts in Financial Sector More Attractive for Foreign Players

PR Newswire
With more than two hundred driverless logistical vehicles running in designated parks in Beijing, Yu Enyuan, CEO of Neolix, a start-up specializing in making these vehicles, expressed gratitude for the burgeoning business when looking at a huge screen which vividly displayed the busy scene in Neolix’s exhibition room in southeastern Beijing’s Yizhuang area.......
Lingang Supports Foreign Companies To Achieve High-quality Growth In China
News Trading

Lingang Supports Foreign Companies To Achieve High-quality Growth In China

PR Newswire
The Sixth China International Import Expo (CIIE) will be held from November 5 till 10 in Shanghai. It is not only a platform for exhibitors and purchasers to meet and exchange ideas, but also a great venue for Chinese park operators to show their capabilities and services. At the Lingang Group Exhibition......
Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing
Blockchain Investment Services News

Asia’s Private Market Exchange ADDX Plans Expansion In Key MENA Markets To Serve Private Enterprises Seeking Financing

PR Newswire
Blockchain-enabled private market platform allows for efficient flow of capital between private enterprises and capital providers; offers potential to increase two-way, cross-market investment between APAC and MENA countries Singapore-headquartered ADDX is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in......
Modulus Security Bulletin to Digital Assets Exchange Operators: Extreme Risk in Using Chinese Software Providers
Digital Asset Management News

Modulus Security Bulletin to Digital Assets Exchange Operators: Extreme Risk in Using Chinese Software Providers

Business Wire
Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, issued a security bulletin warning digital assets exchange operators of the dangers created by using Chinese software. This includes vendors which claim to be headquartered in Singapore but have strong ties......
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