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HiFX
HiFX is a UK-based foreign exchange broker and payments provider that has been owned by Euronet Worldwide since 2014. The company provides foreign exchange and international money transfer services to individuals and corporate customers. One of its specialist areas is in providing money transfer services for overseas property purchase and emigration. In January 2019, HiFX joined forces with XE. History The company was established in 1998 in the UK as ''Halewood International Foreign Exchange Limited'' by the three founders, Shaun Taylor, Laurence Butcher and Matthew Knowles with the backing of beverage company founder John Halewood of Halewood International. HiFX went on to become one of the major UK non-bank foreign exchange companies. Timeline In 2001 it made its first expansion overseas when it opened an office in New Zealand. This was to become its second largest operation outside the UK and provided services to Australasia and the wider Asia Pacific region. In 2004 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euronet Worldwide
Euronet Worldwide is an American provider of global electronic payment services with headquarters in Leawood, Kansas. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, currency exchange and other electronic financial services and payments software. Among others, it provides the prepaid subsidiaries Transact, PaySpot, e-pay, Movilcarga, TeleRecarga and ATX. As of 2019, Euronet services 50,000 ATMs and 330,000 EFT point-of-sale terminals across 170 countries. History The company was founded in 1994 by brothers-in-law Dan Henry and Mike Brown and headquartered in Leawood, Kansas. In 1998, Euronet purchased ARKSYS, a computer software company that specialized in electronic payment and transaction delivery systems. On January 23, 2002, Euronet Worldwide announced the formation of a joint venture with Hong Kong-based First Mobile Group Holdings Limited. In April 2014, Walmart started offering a store-to-store money transfer servic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Companies
A non-bank foreign exchange company also known as foreign exchange broker or simply forex broker is a company that offers Foreign exchange market, currency exchange and international payments to private individuals and companies. The term is typically used for currency exchange companies that offer physical delivery rather than Speculation, speculative trading. i.e. there is a physical delivery of currency to a bank account. Foreign exchange companies are normally distinct from money transfer companies or remittance companies and Bureau de change, bureaux de change as they typically perform high-value transfers unlike their money transfer counterparts that focus on high-volume low-value transfers generally by economic migrants back to their home country or to provide cash for travelers. The transactions offered by foreign exchange companies are usually either Foreign exchange spot, spot transactions or Forward contract, forward transactions. Some foreign exchange companies, such a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Market
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: USD 1 is worth X CAD, or CHF, or JPY, etc. The foreign exchange market works ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Transmitter
In the legal code of the United States, a money transmitter or money transfer service is a business entity that provides money transfer services or payment instruments. Money transmitters in the US are part of a larger group of entities called money service businesses or MSBs. Under federal law, 18 USC § 1960, businesses are required to register for a money transmitter license where their activity falls within the state definition of a money transmitter. Regulation Forty-nine US states (sans Montana) regulate (i.e., require licensure for) money transmitters although the laws vary from one state to the other. Most of the states require a money transmitter surety bond with widely ranging amounts from as little as $25,000 to over $1 million and maintaining a minimum capital requirement. There is an association of state regulators, the Money Transfer Regulators Association (MTRA) that seeks to create uniformity and common practices and efficient and effective regulation of money tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** '' Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television Bloomberg Television (on-air as Bloomberg) is an American-based pay television network focusing on business and capital market programming, owned by Bloomberg L.P. It is distributed globally, reaching over 310 million homes worldwide. It is hea ..., a business news channel *** Bloomberg TV Canada *** Bloomberg TV Philip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Halewood International
Halewood Artisanal Spirits is a global distiller and distributor of artisanal spirits. Structure Halewood Artisanal Spirit's head office is in London and the company distills across the UK, at the following locations: London, Edinburgh, Snowdonia, Bristol, Liverpool, Blackpool, Berkshire, Lancashire, and the Lake District. Halewood also operates distilleries in Russia and South Africa The Halewood Group has six operations outside the UK in Australia, China, Russia, South Africa, Thailand and the United States. History In 1978, John Halewood created the company, selling Bulgarian wines from his garage, and launching his first product, Club Royal (sherry). In 1987, he purchased Hall & Bramley and Lamb and Watt, amalgamating their products into his existing portfolio. In 1990, he formed a joint venture in Romania just after the fall of the Berlin Wall and acquired Red Square Vodka in 1991, which he reconfigured into the new Ready to Drink market with Red Square Ice. In 1994, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ria Money Transfer
Ria Money Transfer is a subsidiary of Euronet Worldwide, Inc., which specializes in money remittances. Ria initiates transfers through a network of agents and company-owned stores located throughout North America, Latin America, Europe, Asia-Pacific, Africa, and online. Ria is one of the big four remittance companies. History The company opened its first store in 1987. Ria has since grown to become the third largest money transfer service in the world. In 2006, Ria was acquired by Euronet Worldwide, Inc., becoming part of its money transfer segment together with XE. Ria began working with post offices in 2010 and on July 31, 2014, partnered with Postbank, which is owned by the Kenyan Government. This allowed customers to send money through any of the bank's 99 branches, or receive it directly into their accounts. In 2014, the company launched ''Walmart-2-Walmart Powered by Ria'', a Walmart money transfer service within the US. The service allows customers to transfer money ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
