Search Results for: foreign currency exchange

Citi Develops Blockchain FX Solution under the Monetary Authority of Singapore’s Project Guardian
Banking Fintech News

Citi Develops Blockchain FX Solution under the Monetary Authority of Singapore’s Project Guardian

Business Wire
by Business Wire0
Citi has developed an innovative application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades. The application is a part of Project Guardian(i), a collaborative initiative by the Monetary Authority of Singapore (MAS) and the financial industry. While the current phase of the application tested spot......
Bumble Inc. Announces Third Quarter 2023 Results
Finance Fintech News

Bumble Inc. Announces Third Quarter 2023 Results

Business Wire
by Business Wire0
Total Revenue Increased 18% to $276 Million Bumble App Revenue Increased 23% to $222 Million Bumble App Paying Users Increased 25% to 2.6 Million; Grew 147,000 Quarter Over Quarter Net Earnings of $23.1 Million, Adjusted EBITDA of $75.3 Million Share Repurchase Program Increased to $300 Million Bumble Inc. today reported financial......
Digital Payments Featured Fintech Primers

Cross-Border Payments In Australia And New Zealand

Pooja Choudhary
by Pooja Choudhary0
Due to shifting consumer preferences, expanding emerging markets, and greater emphasis on financial inclusion, the trillion-dollar cross-border payments industry is primed for disruption. A Closer Look at Cross-Border Payments in Australia-New Zealand Over half of Australian online buyers buy things from other countries online and over a quarter of New......
Digital Payments Featured Fintech Primers

What Are the Cross-Border Payments In Europe?

Pooja Choudhary
by Pooja Choudhary0
Introduction Euro-denominated cross-border transactions significantly outnumber those denominated in other EU currencies. In 19 EU countries, the Euro can be used for purchases, money transfers, and cash withdrawals. Typically, only one member state is involved in a transaction denominated in a currency used within the Union. Over the past year,......
FX Tampa Delivers Diverse Product Range to Japanese Traders
Fintech News Trading

FX Tampa Delivers Diverse Product Range to Japanese Traders

Business Wire
by Business Wire0
Delivering superior customer satisfaction, extensive market knowledge, and advanced technical infrastructure, FX Tampa brings a wealth of over 200 financial instruments to Japanese traders, backed by 20 years of experience in financial markets and a decade in the forex sector. As Japanese retail investors’ interest in financial markets and investment......
Digital Payments Featured Fintech Primers

What Are Cross-Border Payments In The Middle-East Asia?

Pooja Choudhary
by Pooja Choudhary0
In this blog, we shall highlight the CBP for the Middle-East Asia. Today’s businesses may benefit tremendously from the ease and effectiveness of cross-border payments. It’s available in a wide variety of forms, making it flexible enough to meet any enterprise’s needs while streamlining processes like commerce, money transfers, and......
Digital Digital Payments Featured Fintech Primers

What Are Cross-Border Payments In The U.S.?

Pooja Choudhary
by Pooja Choudhary0
In this blog, we shall highlight the CBP for the United States. The North American market retains the largest market share in CBP. When a person, business, or financial institution sends money to another person, business, or financial institution located in a different country, the transaction is considered a cross-border......
Digital Payments Featured Fintech Primers

What Are Cross-Border Payments In Asia?

Pooja Choudhary
by Pooja Choudhary0
Introduction In this blog, we shall highlight the CBP for Asia. About 35% of global payment flows occur in Asia, with the rapidly developing digital economy fueling localized areas of expansion. Hong Kong, Cambodia, Malaysia, the Philippines, and Thailand are merely a handful of the most recent additions to the......
B2B Fintech Startups News

ABCM™ Platform Customized For Startups By Fintech Startup Okoora

Fintech Staff Writer
by Fintech Staff Writer0
Okoora’s AI-powered platform Okoora, a Swiss-Israeli fintech business, has customized the ABCM™ platform to meet the special needs of startups for managing global payments, banking, and risks. Okoora’s ABCM™ platform, powered by AI, offers operational tools, currency risk management, and access to a vast bank and transaction room network. Since......
B2B Cloud News

Visa Cross-Border Solutions

Fintech Staff Writer
by Fintech Staff Writer0
Visa and Currencycloud Visa Cross-Border Solutions will collaborate with other Visa divisions and existing Visa and Currencycloud customers such as corporations, fintechs, FX brokers, and other businesses outside of the traditional banking industry that want to provide their clients with embedded multi-currency and cross-border functionality. Banks, fintechs, FX brokers, and......
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