If you’ve ever made an international payment through a traditional bank, you’ll know the challenges involved: high fees, slow processing times, and poor customer service – with regulatory ...
On July 27, the foreign exchange trading market (forex) settlement powerhouse CLS reported it was in the final stages of testing its blockchain payment service for banks. However, while the service is ...
Sending or receiving international payments through the banks is a challenge: it’s costly, slow, and compounded by complex regulations. A simple error, like choosing the wrong Balance of Payments (BoP ...
Optimize your Forex trading schedule by exploring market hours and overlaps. Learn to trade at peak times for maximum returns ...
The new strategy of the Central Bank of Nigeria (CBN) to meet all legal demand for foreign exchange (Forex) has led Money Deposit Banks to contend with expending all the dollars in their possession. A ...
Copy IDFC FIRST Bank has launched a. Some of the features of the card include zero forex markup on all international spending ...
Last week, six of the largest banking groups in the world announced details of another round of settlement with regulators over their alleged manipulation of foreign exchange rates. The settlement, ...
It's a challenge familiar to any company with regular forex exposure; how to hedge the multitude of micro transactions they need to do. And a solution has always proved elusive, until now. With the ...
NEW YORK/LONDON (Reuters) - Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and, with two others, were fined nearly $6 billion in another settlement in a ...
MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its ...