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A recent blogpost by Currencycloud has underlined how payment service providers (PSPs) and acquiring banks are best served to aid the growing cross-border e-commerce market.
The UK government has passed a bill that would give it the ability to intervene in foreign direct investments that could negatively impact the country.
Foreign exchange (FX) trading is one of the largest markets in the world, but there are still gaps in regulation.
Ex-footballer Rio Ferdinand has bought a stake in PayTech company Sokin as the startup eyes launch later this year.
Kyriba, a treasury and financial management provider, has formed a strategic partnership with foreign exchange WorldFirst.
Kooltra, a platform helping financial institutions to automate foreign exchange operations, has bagged CAD $6.5m ($5m) in funding.
Canada-based Payment Rails has closed an undisclosed funding round, bringing total capital raised to date to $1.1m.
Singapore-based foreign exchange startup Spark Systems has raised $5m in a new round of funding.