StoneX Executes First Bitcoin Cash-Settled Swap

StoneX Markets LLC (the “Company”), a subsidiary of¬†StoneX Group Inc. (“StoneX”), a leading provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, today announced that it successfully executed and settled its first cash-settled BTC/USD swap. The counterparty to the trade was one of StoneX’s institutional FX clients, Liquidity Solutions Global, the¬†London-based subsidiary of¬†DriveWealth¬†Holdings and a liquidity provider to multiple cryptocurrency venues. The Company’s institutional FX division made USD cash-settled...

Citi Launches SEPA Instant Payments in Europe

Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the...

Zwipe & IC Payment to offer Biometric Payment Cards to banks

IC Payment is partnering with Zwipe, a Norway-based biometric fintech, to offer biometric payment solutions in the Latin American and Caribbean markets. IC Payment is a Fintech, expert in the development of new technologies behind different payment methods. It is based in Santiago de Chile with offices in Uruguay and Argentina as well as a solid network of partners across Latin America. IC Payment offers a complete set of payment solutions for both in person and digital environments. Highlighting its instant issuance solution for financial cards through...

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