Gunvor Singapore Pte Ltd (the "Borrower"), a wholly-owned subsidiary of Gunvor Group Ltd ("Gunvor Group"), has signed a USD 911.7 million syndicated revolving credit facility (the "Facility"). Initially launched at USD 550 million, the Facility was well received by the banking community and was oversubscribed by 65%. As a result, the Facility was increased and an accordion feature has been opened to accommodate additional participation.

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its dealer-to-customer trading venue, FXall, has again been named “Best multibank and independent platform” in this year’s Euromoney Foreign Exchange Survey for the 13th consecutive year.

Euromoney’s annual quantitative and qualitative study of the FX markets is the result of a poll of more than 14,000 FX market participants who represent a total volume of $225 trillion. 

A Canadian university is installing bitcoin ATMs across campus, and will accept the digital currency for the purchase of text books, in an effort to stimulate discussion about the future of money and innovation in financial services.

Commonwealth Bank of Australia is to begin testing technology from Ripple Labs to transfer funds between its subsidiaries.

Five exciting new payment start-ups have reached the final for the 2015 Dragons' Den contest at PayExpo. The highly anticipated competition, which received record entries this year, is the ideal platform for emerging companies looking to present their innovative ideas and game-changing payments technologies to a global market.

The 2015 Payments Dragons' Den finalists are:

xWare42 - a software developer whose core product, xPay, allows banks to give customers additional information about their purchases.

Today Wolters Kluwer announces that Claire Carter has joined as UK Managing Director for its Tax and Accounting software business.

Claire joins from Sage Software where she was formerly Managing Director of its Accountants Division for the UK and Ireland delivering Cloud and on premise solutions to accountants. Before that, Claire worked for Morgan Stanley and Alliance & Leicester in senior commercial roles.

BasisCode Compliance, provider of the industry’s broadest integrated compliance software for asset managers, advisors and other financial services firms, has been named a finalist in the compliance technology category of WealthManagement.com's 2015 Industry Awards, the first program to honor outstanding achievements by companies that help advisors better manage their businesses through innovation, enhanced service quality or an enriched advisor/client experience.

The increasingly mobile-centric lifestyle of many Europeans can largely be attributed to the increase and success of mobile channel initiatives focused on providing cheaper, more convenient services. Although still playing catch up to Western Europe, mobile subscribers in the Central and Eastern European (CEE) region are increasingly reliant on their mobile devices and smartphone adoption is increasing.

NanoSpeed, the provider of ultra-fast FPGA solutions to the trading community, has announced today the world’s fastest FPGA for trading with the launch of Nano-Gateway, a trading gateway. The new FPGA halves the latency of NanoSpeed’s first trading gateway, Nano-TG (launched in 2013) which was already the fastest on the market by a significant margin.

Denmark is leading the way to a cashless society by planning to scrap obligatory cash payments – and now two out of three smartphone users will be able to enjoy an entirely new way to shop as Danske Bank’s market leading MobilePay app introduces the transformative “buy anywhere” capabilities of acclaimed mobile commerce platform PowaTag.