Category: Fintech

October 08, 2024 BY Sam Boughedda

Instantia Seleects ION FX for Trade Execution and Risk Management

Instantia, which offers users a client-centric way to manage currency exchange, FX strategies, and cross-border payments, was said to be drawn to ION FX's comprehensive end-to-end processing functionality for FX cash and derivative products. ION added that Instantia also appreciated the ability to customise the user interface through ION APIs, which they believe improves the…

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October 03, 2024 BY Sam Boughedda

DXtrade Partners with Finalto to Enhance Liquidity Provider Services

Finalto, an aggregator of Tier 1 bank liquidity providers and established non-bank market makers, offers a bespoke liquidity pool tailored to connect demand with market supply as quickly as possible. By integrating with DXtrade, brokers will have access to Finalto's liquidity services, including predictive and scenario analysis tools, real-time insights, and improved order execution. The…

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Visa
September 27, 2024 BY Sam Boughedda

Visa to Acquire AI Payments Protection Firm Featurespace

The acquisition is aimed at strengthening Visa's portfolio of fraud detection and its ability to combat fraud and financial crime. Featurespace, founded at Cambridge University, utilises advanced algorithms to analyse transaction data and detect even sophisticated fraud attempts. "Since its inception out of Cambridge University's engineering department, Featurespace has developed innovative algorithmic-based solutions to analyze…

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Stripe obtains $600M funding at $95B valuation
September 27, 2024 BY Sam Boughedda

Stripe Expansion Aims to Accelerate Canadian Business Growth

The company said in its press release that the expansion reflects the city's growth as a tech hub and reinforces Stripe's commitment to the Canadian market. The company has seen significant growth in Canada over the past few years, with payment volume from Canadian businesses increasing by more than 50% between 2021 and 2023. Stripe…

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September 23, 2024 BY Sam Boughedda

Revolut Adds Nearly 2 Million Customers in 2024

The achievement comes as the company has seen a substantial increase of nearly 2 million customers in 2024 alone, solidifying its position as one of the largest payments businesses in the market. Founded in the UK in 2015, Revolut has expanded rapidly both domestically and internationally. The company now has a global customer base of…

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September 20, 2024 BY Sam Boughedda

HSBC's Trial of Quantum-Secure Technology for Tokenised Physical Gold Successful

The breakthrough, according to the bank, marks a significant step in safeguarding digital assets from potential future quantum computing attacks. HSBC, which pioneered tokenised physical gold offerings for institutional and retail investors, explained that it utilised post-quantum cryptography (PQC) and Quantum Origin technology to secure its gold tokens. The technology is said to protect against…

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September 19, 2024 BY Sam Boughedda

Barchart and SIGMA Join Forces to Deliver AI-Powered Trading Insights

The companies said in a press release that the partnership aims to leverage the strengths of both companies and deliver cutting-edge tools and insights for traders. The partnership hinges on integrating Barchart's extensive market data across various asset classes with SIGMA's AI-driven analytics platform, with the integration expected to create a wide-ranging solution. This solution…

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ATFX
September 18, 2024 BY Sam Boughedda

ATFX Expands Presence in Australia with New Office and FMPS Participation

The company revealed in a press release that it has opened a new office in Sydney and participated in the Financial Markets Pacific Summit (FMPS) 2024. "ATFX Connect is strengthening its foothold in the Australian financial market, underscoring its commitment to providing cutting-edge trading solutions to institutional clients," the company said. ATFX Connect offers a…

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