PYMNTS

DECEMBER 28, 2018

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. The five companies — Forex Club, Alpari Forex, Trust Forex, InstaForex and TeleTrade — will see their licenses expire on Jan.

Foreign Exchange 87

Foreign Exchange Banking Compliance Securities 87

PYMNTS

APRIL 9, 2020

Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 A Travelex spokesman told the WSJ that the firm got advice from security experts on how to proceed, and have kept its investors and regulators up to date on the recovery.

Foreign Exchange 111

Foreign Exchange Numbers Securities Sales 111

PYMNTS

SEPTEMBER 21, 2020

billion, and FLEETCOR has come to an arrangement to purchase cross-border payment company Associated Foreign Exchange (AFEX). Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation. Plus, Nacha has announced the introduction of cybersecurity and voice payment resources.

Foreign Exchange 89

Foreign Exchange Banking Nonprofit Valuation 89

PYMNTS

AUGUST 6, 2020

Digital payments solution provider Payrailz has secured a reseller agreement with digital banking company Tyfone. The companies recently announced that Airwallex will wield Deutsche Bank’s foreign exchange (FX) services and integrate them via API into its own offering. Tyfone Connects FIs To Payrailz.

Banking 110

Banking Foreign Exchange Accounts Payable Technology 110

Global Finance

APRIL 5, 2025

Some of that change in volume may have been attributable to issuers taking an opportunistic approach at the beginning of the year, suggests Jeff Ramsay, securities and capital markets partner at Paul Hastings law firm, waiting to see how the change in [US] administration may affect the macroeconomic environment.

Investments 52

Investments Banking Mergers and Acquisitions (M&A) Foreign Exchange 52

PYMNTS

JULY 10, 2019

Businesses can pay invoices immediately or dictate a payment date while retaining a fixed foreign exchange rate when they upload an invoice to the platform. Custom remittance information can be sent directly back to the foreign vendor, while the service also supports custom reporting for a buyer’s own back-office processes.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

DECEMBER 10, 2020

The financial institution or corporate client gets transparency into fees and foreign exchange rates as well as visibility of payment settlement. The tool is aimed at improving speed, security, transparency and compliance. . 10) press release. Customers can make payments via Bank of America’s SWIFT gpi solution.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

DECEMBER 20, 2018

has lowered its security deposits that go to Visa and Mastercard, reported RT.com. The report noted security deposits are often used to show lenders a bank can meet its debt obligations. “We Security deposits are still presented in the payment systems, so we deliver on our commitments.”. percent from 17.5 percent from 12.6

Securities 46

Securities Foreign Exchange Banking 46

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. London startup mobile bank Revolut Ltd. billion valuation as part of its Series D round that kicked off five months ago.

Startups 102

Startups Foreign Exchange Valuation Invoicing 102

PYMNTS

APRIL 10, 2020

For Emirates NBD, a $400 million DX journey that began nearly four years ago has resulted in more than 100 initiatives based on optimizing its operational models, internal architecture, cloud usage and security. Modernizing Corporate Payments. Preparing For The Future.

Technology 144

Technology Banking Foreign Exchange Currencies 144

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Foreign Exchange 84

Foreign Exchange Currencies Securities Numbers 84

PYMNTS

JANUARY 7, 2021

The suite gives corporate treasury and finance professionals a new level of visibility into banking transactions and connections, with a security measure no matter where it's accessed. From [foreign exchange (FX)] to money markets and beyond, we will be offering easy access to innovative products and services from trusted Fides partners.”.

Finance 88

Finance Foreign Exchange Treasury Transportation 88

Global Finance

OCTOBER 11, 2024

Previously announced honors include Best Global Transaction Bank, Best Bank for Sustainable Finance, Best Islamic Financial Institution, Best Investment Bank, Best Cash Management Bank, Best Trade-Finance providers, Best Supply Chain Finance providers, Best Foreign Exchange Provider, Best Private Bank, and Best SME Bank.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

Global Finance

JULY 26, 2024

Nordea , which wins two awards this year, as both Best Fraud Detection Solution and Best Bank for Treasury FX Services, has developed a new secure Cash Management self-service request.

Cash Management 111

Cash Management Treasury Foreign Exchange Banking 111

PYMNTS

DECEMBER 27, 2020

The Chinese central bank's statement came after it had met with representatives of Ant and regulatory officials from the country's securities, banking and foreign exchange sectors, presented as a Q&A with PBOC vice governor Pan Gongsheng. There weren't many more specifics than that.

Concentration 90

Concentration Foreign Exchange Banking Valuation 90

PYMNTS

SEPTEMBER 22, 2020

The feature can connect to more than 11,000 financial institutions (FIs) and retains security through multifactor authentication and tokenization, Acumatica explained. clearing bank ClearBank is introducing multicurrency bank accounts for businesses to move funds based on foreign exchange prices in real time. In the U.K.,

Banking 110

Banking B2B Foreign Exchange Currencies 110

PYMNTS

DECEMBER 15, 2019

Workers in the bank’s foreign exchange team allegedly brought tens of millions of pounds to the bank by rigging exchange rates between 2010 and 2014. Discovery of the scheme happened while the bank was investigating a different foreign exchange rigging scandal. The bank recently reached a $4.9

Foreign Exchange 52

Foreign Exchange Banking Securities Numbers 52

PYMNTS

JULY 9, 2019

In another solution aimed at bank account consolidation, Neo announced today (July 9) that it is expanding its foreign exchange services to include the launch of a multi-currency account after receiving clearance by the Bank of Spain. The FX Opportunity.

Foreign Exchange 60

Foreign Exchange Banking Currencies Accounting 60

PYMNTS

OCTOBER 23, 2019

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. BitPesa is a foreign exchange and cross-border payments platform that uses blockchain to settle transactions for corporates based in Africa.

Restructuring 40

Restructuring Foreign Exchange Securities B2C 40

PYMNTS

APRIL 29, 2020

German banking platform Mambu has announced a collaboration with TransferWise to enhance banks’ cross-border payments and foreign exchange management operations, the companies recently revealed. Meanwhile, other partnerships between banks and FinTechs embrace data sharing to target friction for joint small business customers.

Banking 95

Banking Foreign Exchange Invoicing Finance 95

CFO News Room

JANUARY 25, 2023

Policy rates were yanked to Zero Interest Rate Policy (ZIRP) levels, facilities were extended to provide liquidity to firms having difficulty selling securities in the primary and secondary markets, and direct lending to individuals and firms reached never-before-seen levels. If something worse is brewing, much sooner. Peter C.

Economics 130

Economics Foreign Exchange Finance Banking 130

PYMNTS

NOVEMBER 13, 2020

The company secured the funding from an unnamed angel investor, reports said. Statrys offers banking and foreign exchange payments solutions for SMBs and startups that operate across borders, connecting them with solutions like payment cards and cross-border payment capabilities.

B2B 91

B2B Banking Foreign Exchange Startups 91

Global Finance

DECEMBER 9, 2024

One good recent example is in Ethiopia, where the central bank recently promulgated a number of new regulations that have made the foreign exchange market more competitive. That, plus other reforms, are expected to drive interest from investors. Thus, its a matter of carefully analyzing sector and company opportunities.

Marketing 98

Marketing Banking Finance Profit and Loss 98

PYMNTS

OCTOBER 10, 2019

Some of the account benefits include limitless spending, zero foreign exchange or transaction fees, with additional benefits through Mastercard World Elite such as a dedicated concierge service and other travel benefits. We are delighted to enhance our Raris account offering with The Royal Mint’s first precious metal payment card.

Foreign Exchange 72

Foreign Exchange Manufacturing Leverage Securities 72

PYMNTS

MARCH 17, 2020

This is where open source technology has typically come to the rescue, in particular containerization and container orchestration technology based on the Kubernetes ecosystem, which allows FSI players to secure, manage and scale horizontally their payment processing functions across different computing environments. 1: Security.

Foreign Exchange 91

Foreign Exchange Securities Compliance Startups 91

PYMNTS

JULY 17, 2018

The token allows folks to do payments [and] foreign exchange between companies in a very seamless and frictionless and more secure way,” Stronghold Founder and Chief Executive Tammy Camp added. “It It enables people to be able to trade that token with other assets and other tokens as well.” ”

Foreign Exchange 73

Foreign Exchange Currencies Securities Retail 73

PYMNTS

DECEMBER 4, 2020

That’s why we introduced a new, secure way to accept payments through websites, and we have enabled customers without an online presence to get paid fast through secure payment links,” said Revolut CEO and Founder Nik Storonsky. “Companies across Europe know that it’s now essential to their success to be able to do business online.

Foreign Exchange 73

Foreign Exchange Currencies Banking Securities 73

PYMNTS

AUGUST 14, 2020

“There are many requirements that are initially overlooked, and that’s where treasury teams can play a very important role,” he said, highlighting processes like establishing new bank accounts, securing new card acquirer and payment service provider relationships, and managing foreign exchange exposure – all of which occur in the DTC migration.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

OCTOBER 22, 2020

A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates. We've suffered losses with the company.

Healthcare 98

Healthcare Treasury Foreign Exchange Economics 98

PYMNTS

NOVEMBER 3, 2020

The latest developments have to first be disclosed to investors, the exchange said. 2) to answer questions behind closed doors. Also summoned were Ant Group Chairman Eric Jing and Chief Executive Simon Hu.

Foreign Exchange 67

Foreign Exchange Valuation Banking Securities 67

PYMNTS

OCTOBER 16, 2020

This enables a money transfer provider to accept funds from consumers in one country via its local operation and then direct the accounts it holds in the recipients’ countries to pay out the amounts due after adjusting for foreign exchange rates. Staying Secure. The money never actually crosses borders,” Lembo explained.

Foreign Exchange 85

Foreign Exchange Compliance Currencies Banking 85

PYMNTS

FEBRUARY 5, 2020

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. The new card gives Airwallex customers the ability to pay suppliers in seconds while saving businesses time and money.

B2B 71

B2B Foreign Exchange Currencies Valuation 71

PYMNTS

NOVEMBER 9, 2016

Kristian Gjerding, founder and CEO of CellPoint Mobile , added that, if the blockchain initiative extends to other banks, the level of security provided by the blockchain is inherent without the need for a middle service, such as the ACH network. “If That will be the long-term benefit.”. That will be the long-term benefit.”.

Foreign Exchange 70

Foreign Exchange Banking Technology Securities 70

PYMNTS

JUNE 30, 2019

And also in June, one day before the Libra news broke, MoneyGram and Ripple struck a two-year strategic partnership to use Ripple’s xRapid product and leverage the XRP cryptocurrency for foreign exchange settlements in MoneyGram’s cross-border payments. The Crypto Advantage.

B2B 109

B2B Currencies Foreign Exchange Transportation 109

CFO News Room

FEBRUARY 2, 2022

The securities/ financial instruments discussed in this material may not be appropriate for all investors. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security/financial instrument, or to participate in any trading strategy.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

DECEMBER 2, 2020

The Shanghai Stock Exchange delayed Ant Group’s attempt at a record record-setting IPO after controlling shareholder Jack Ma’s clash with Chinese regulators. The IPO suspension reportedly came from the top down, potentially meaning that orders came from Chinese President Xi Jinping himself.

Sales 71

Sales Foreign Exchange Restructuring Planning 71

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. The country’s parliament reportedly put forward a proposal to have digital currency as a part of foreign currency and “currency smuggling” rules already in place.

Foreign Exchange 59

Foreign Exchange Currencies Securities Numbers 59