BNP Paribas partners Ant International to enhance cross-border payment solutions in Europe
The pair will also work to “explore innovations in tokenised deposits for global treasury management”.
The pair will also work to “explore innovations in tokenised deposits for global treasury management”.
The acquisition will help its foreign exchange capabilities.
It was expected and gives Chinese firm a handy boost to its e-commerce plans.
UK currency exchange doesn’t want the acquisition derailed by regulators.
Could take place in the next few weeks for over £550m.
‘Tis the season for gift giving, and no gift has a “richer” history than cash.
WorldFirst, an international payments business, has unveiled its new World Account platform for UK corporate customers, providing a range of international banking services to SMEs trading overseas who find it difficult to access through traditional banks.
WorldFirst has unveiled World Account, an international payments platform for SMEs and online sellers. The company states the account offers international banking functionality on one platform. It says “many businesses waste time and money” trying to open up bank accounts in new currencies. These accounts are also often held in the UK resulting in “additional […]