HSBC Settles Bilateral FX Trades with Wells Fargo Using Blockchain Platform
(14 December 2021 – United Kingdom) In what is billed as a first for cross border payments, HSBC and Wells Fargo have agreed to settle bilateral foreign exchange […]
(14 December 2021 – United Kingdom) In what is billed as a first for cross border payments, HSBC and Wells Fargo have agreed to settle bilateral foreign exchange […]
(1 December 2021 – United States) London-listed money transfer group Wise is eyeing North American expansion in the new year, setting out plans to open an Austin office […]
(24 November 2021 – Australia) CBA has moved to absorb international money transfer (IMT) correspondent bank fees. Correspondent banks support cross border transfers however they “clip the ticket” […]
(06 October 2021 – United Kingdom) The United Kingdom’s (UK) leading cloud-based clearing bank has launched a new multi-currency solution designed to reduce friction for Financial Technology (FinTech) […]
(2 September 2021 – Global) The Bank for International Settlements has enlisted the central banks of Malaysia, Singapore, South Africa and Australia to test the use of central […]
(1 September 2021 – Southeast Asia) Deutsche Bank has appointed Divik Maheshwari as senior FX advisor and team lead of SEA FX Advisory, reporting to Coo-Way Law, managing […]
(26 August 2021 – Global) Currencycloud, a global platform that enables banks and fintechs to provide foreign exchange services for cross-border payments, has hired a pair of industry […]
(23 August 2021 – Global) Finally, this long-standing brand with a deep pedigree in cross border payments has new owners and suddenly, perhaps, a brighter future. As a […]
(10 August 2021 – Global) Western Union has announced they have found a buyer for Western Union Business Solutions (WUBS) in Goldfinch Partners and The Baupost Group for […]
(28 July 2021 – Global) SWIFT has launched a new cross-border payment service called “SWIFT Go” to enable small businesses and consumers to efficiently send cross-border payments throughout […]