Thomson Reuters has added foreign exchange trading capabilities for corporate treasurers to its financial markets desktop Thomson Reuters Eikon, linking it to FXall QuickTrade, a request for stream service.
Fintech association Innovate Finance has launched UK Fintech 2020, a manifesto that sets out goals for the UK to be a centre for financial services. These include calls for increased investment in fintech, efforts to attract more fintech firms and the creation of more jobs in the sector.
Samsung is set to launch its upcoming payments service Samsung Pay in Europe within months, following a deal with MasterCard which will see Samsung Pay rolled out across the region through MasterCard’s Digital Enablement Service.
The eye-watering amounts of money banks spend on technology are legendary – and largely inflated according to research that shows that they are paying far higher margins on significant parts of their budget than other industry sectors .
South Africa’s Johannesburg Stock Exchange has begun moving its derivatives and fixed income markets onto Millennium Exchange, the trading platform it bought from the London Stock Exchange when it moved its equities market in 2012.
Reports of the death of cash have dominated the 2015 news agenda. A variety of industry developments – from the launch of Apple Pay through to a Danish proposal to end the obligation of retailers to accept cash – work together to imply that paper notes and coins could soon lose relevance. All this is underpinned by apparently irrefutable stats from the Payments Council which reveal that cashless transactions have now overtaken the use of cash in the UK
The high street bank has always been relied upon to be one of those unchanging constants in our lives. Takeovers and scandals have come and gone, but the digital revolution has slowly changed the way financial products are delivered. Today the Internet, mobile devices and financial services have now converged to change the way consumers manage their finances and the way they connect with their bank
The London Stock Exchange Group has signed an agreement with Casablanca Stock Exchange to support the launch of LSEG’s business development programme, ELITE, in Morocco.
The London Stock Exchange has welcomed BOCI Securities as its first member from Hong Kong. BOCI Securities, a wholly owned subsidiary of BOC International Holdings, joins London Stock Exchange less than two months after regulatory approval was received from Hong Kong’s Securities and Futures Commission allowing Hong Kong firms to become members.
Equiniti has exchanged contracts to acquire TransGlobal Payment Solutions, whose platform is used by Equiniti International Payments, the group’s foreign exchange payments business, launched in 2011.
Commerzbank has extended its existing credit card processing contract with Worldline for a further seven years. Since 1998 Wordline has provided the bank with an end-to-end processing service that includes complete processing of all the bank’s issued Visa and MasterCard cards.