Search Results for: foreign currency exchange

HSBC Launches Multi-Currency Wallet for Simplified International Payments
Banking Digital Digital Payments News

HSBC Launches Multi-Currency Wallet for Simplified International Payments

Fintech News Desk
by Fintech News Desk0
First US bank that lets US small- and medium-sized businesses “pay like a local” in foreign currencies HSBC USA announces the launch of a multi-currency digital wallet that enables businesses to make international payments simply and securely. “We are excited that the US is one of the first markets in......
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
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The Securities and Exchange Commission’s (SEC) Circular on the Trading Of Foreign Securities by Investment Platforms in Nigeria

Ibrahim Moshood
by Ibrahim Moshood0
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......
Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World's First Bank-Issued Deposit-Based Digital Currency
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Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World’s First Bank-Issued Deposit-Based Digital Currency

Fintech News Desk
by Fintech News Desk0
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of......
Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card
Banking Fintech News

Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

Fintech News Desk
by Fintech News Desk0
Collaboration of Mastercard, Central Bank of The Bahamas and Island Pay gives people additional option to use The Bahamas Sand Dollar central bank digital currency Today, Bahamians received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new......
India's NSE for the Second Year in the Row is the World's Largest Derivatives Exchange
Banking Business Fintech News

India’s NSE for the Second Year in the Row is the World’s Largest Derivatives Exchange

Fintech News Desk
by Fintech News Desk0
National Stock Exchange of India Ltd. (NSE) for the second year in the row has emerged as the world’s largest derivatives exchange in 2020 by number of contracts traded based on the statistics maintained by Futures Industry Association (FIA), a derivatives trade body. NSE is ranked 4th in the world......
Tempus Named Among Top Currency Forecasters in Bloomberg’s Q4 2020 Rankings
Currency Exchange Fintech News Risk Management

Tempus Named Among Top Currency Forecasters in Bloomberg’s Q4 2020 Rankings

Fintech News Desk
by Fintech News Desk0
Tempus is proud to be named the top currency forecaster for the Mexican peso (MXN) and the Canadian dollar (CAD) in the Bloomberg FX Forecast Accuracy Rankings for Q4 2020. Tempus earned these distinctions above nearly 50 other distinguished global financial institutions, including some of the world’s largest banks. Read More: CES 2021 BayPay Rides Rise In......
Kyriba Chairman and CEO Jean-Luc Robert Honored Among 100 Most Intriguing Entrepreneurs at Goldman Sachs 2020 Builders + Innovators Summit
Business Currency Exchange Fintech News Risk Management

Kyriba’s Currency Impact Report Reveals $9.82 Billion in Total Quarterly FX Losses for European and North American Multinational Corporations

Fintech News Desk
by Fintech News Desk0
In a stunning turnaround, Kyriba’s Currency Impact Report (CIR), a comprehensive report detailing the impacts of foreign exchange (FX) exposures from the global leader of cloud finance, treasury and IT solutions, revealed European multinational corporations suffered the brunt of the $9.82 billion reported lost due to currency volatility in the......
Payments Platform Wirex Launches Waitlist for Revolutionary Multicurrency Mastercard Card
Cryptocurrency Fintech News

Payments Platform Wirex Launches Waitlist for Revolutionary Multicurrency Mastercard Card

Fintech News Desk
by Fintech News Desk0
Leading payments company Wirex have launched the waitlist for their highly-anticipated Wirex multicurrency card, taking them one step closer to becoming the ultimate cryptocurrency platform. The move comes following the announcement of a product overhaul, with the launch of a Mastercard-enabled card heralding a number of game-changing product updates that......
Deutsche Bank Becomes First European Bank to be Approved for China’s SAFE Foreign Currency Trade Payments Pilot Scheme
Currency Exchange Fintech News Trading

Deutsche Bank Becomes First European Bank to be Approved for China’s SAFE Foreign Currency Trade Payments Pilot Scheme

Fintech News Desk
by Fintech News Desk0
Deutsche Bank today announced that it has become the first European bank to be approved for the State Administration of Foreign Exchange (SAFE)’s Pilot Scheme for Facilitation of Foreign Exchange Receipts and Payments for Trade, which aims to simplify and improve foreign currency payments for cross-border trades. Read More: Chargehound......
BofA Launches Omni-Channel Approach to Cross-Currency Transactions
Banking Currency Exchange Fintech News Trading

BofA Launches Omni-Channel Approach to Cross-Currency Transactions

Fintech News Desk
by Fintech News Desk0
Clients Can Now Trade and Settle Payments in Over 140 Currencies via API, SWIFT, CashPro Bank of America(BofA ) is responding to the dual imperatives of cross-currency transactions – technology innovation and client demand for improved efficiency – with an omni-channel offering that now includes API (application programming interface) and......
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