BNP Paribas has agreed to buy Kantox, a fintech working on automating currency risk management, to help add more automation to B2B cross-border work, a press release said. Kantox has a software solution that offers a rebundling of the Corporate FX workflow, with a “one-stop-shop,...
Open banking may have kicked off with a focus on consumer financial services, but as Russia moves to become the latest market to embrace the framework, the country is targeting open banking’s application toward small- to medium-sized businesses (SMBs). This week’s look at the latest...
Silicon Valley Bank (SVB) and British FinTech Kantox have expanded their partnership so the bank’s customers can avail themselves of Kantox’s automated currency risk management tools, the companies announced in a press release. The tool at the center of the arrangement is called Kantox Dynamic...
Citi has recruited foreign exchange management firm Kantox to enhance its FX services for corporate clients, the companies said in a press release on Monday (Oct. 7). According to Kantox, the company will provide its FX management and business payment solutions to Citi Commercial Bank’s...
October 11, 2022
BNP Paribas has agreed to buy Kantox, a fintech working on automating currency risk management, to help add more automation to B2B cross-border work, a press release said. Kantox has a software solution that offers a rebundling of the Corporate FX workflow, with a “one-stop-shop, API-driven” strategy. BNP Paribas will integrate the company’s work and […]
