Tech briefs

Fargo to launch white-label FX

Wells Fargo is planning to launch a white-label platform for FX with technology vendor S1 Corporation.

The bank will use the platform to deliver real-time exchange rates, manage trade execution and initiate settlement instructions on behalf of correspondent bank customers – who will then provide these services to their business customers. "This is a winning solution for banks to meet their customers' needs and generate revenue because they can leverage Wells Far

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