Global Banks progressing towards Go-live on the Finteum Platform

Global banks announce that they have progressed with the Finteum Platform integration work, which offers a new tenor for interbank funding products 19 banking groups entered into simulated intraday FX swap and intraday repo contracts during a trial in Q2 2023 Super-short-term interbank markets are expected to reduce the required HQLA for intraday liquidity and increase banks’ dynamic access to funding The Finteum Platform specialises in trades that last for hours instead of days, avoiding...

PayRetailers integrates PIX into its all-in-one payment platform

PayRetailers, the leading payment processor in Latin America, has integrated PIX, the flagship payment system of Brazil, into its all-in-one payment platform. PIX is a real-time payment system introduced by the Central Bank of Brazil in November 2020. This integration marks a significant milestone in the transformation of the payment landscape and has been inspiring a regional shift. The key to PIX’s success? With over 126 million users, 24 billion transactions, and an average of 66...

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