Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, has announced the availability of a new execution algorithm, the implementation shortfall, adding significant and unique improvements in automated trading to its already market-leading solution. The key benefits of these enhancements, which will be available globally, also include the improvements of the existing algos.

Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors, today announced that it has established a presence in Denmark to meet the needs of Danish companies and their investors within the technology and life sciences sectors.

SWIFT today announces initiation of the development phase with EBA CLEARING to migrate the large-value payment system EURO1 to the ISO 20022 standard, marking the next step in a transformation journey they began together last year.

MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, previously announced it has extended its agreement with Walmart to continue to provide MoneyGram-branded money transfer, 'powered by' white-label Walmart2World money transfer, bill payment and money order services into 2021.

Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $36.4 billion in October 2019.  This represents an increase of 5.2% compared to October 2018.

Wirecard, the global innovation leader for digital financial technology, is investing in a comprehensive license portfolio for digital payments through an acquisition in China. Wirecard will gradually acquire all shares in the Bejing-based AllScore Payment Services. AllScore Payment Services is currently controlled in its majority by its founder and CEO Mr. Yao Lin and Shanghai Aiwu Investment Management Co. Ltd.. The framework agreement was signed in Beijing today.

Flywire, a provider of global payment solutions for businesses and institutions, today announced the appointment of Rob Orgel to the newly created position of President and Chief Operating Officer. In the role, Orgel will oversee the company’s global payment network, business operations, finance, legal, compliance, and corporate strategy and development. He will report to CEO Mike Massaro who will now focus his efforts on the company’s long-term growth plans, strategic partnerships, and go-to-market expansion.

A survey by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that while millennials rely heavily on their mobile phones, they consider them one of the least secure payment methods.

The flagship Current Account Switch Service, which is owned and operated by the UK’s leading payments authority Pay.UK, today welcomes another brand to join the service.

Unity Trust Bank is the latest to offer consumers a simple, reliable and stress-free means of switching banking provider.