Holidaymakers are losing up to 13% exchanging unused foreign currency after trips abroad due to the rates on offer from foreign exchange providers, financial data analytics experts Consumer Intelligence warn.

QuantHouse, the leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, today announced access to Quantitative Brokers’ (“QB”) best execution algorithms for futures and fixed income.

QB is a global, independent technology company providing advanced execution algorithms and analytics for global futures and US cash treasury markets.

CryptoCompare, the global cryptocurrency market data provider, has today published the ‘Cryptoasset Taxonomy Report’. The taxonomy provides retail and institutional investors, regulators and the industry as a whole with an independent classification of cryptoassets, based on the depth, breadth and scope of CryptoCompare’s global datasets.

ASHBURN International, a company specializing in solutions for managing and monitoring POS terminal networks, signed a long-term strategic partnership agreement with the Common Republican Processing Center (CRPC) of Uzbekistan. CRPC organizes the complex and goal-oriented movement of the modern bank information technologies in the financial market of Uzbekistan. Common Republican Processing Center is responsible for processing transactions. It controls the operation of more than 250,000 payment terminals.

DoshEx, the Johannesburg-based developer of tokenised ecosystemsand exchange, has formally launched following the listing of twovirtual assets by two financial service companies.

The digital tokens registered and listed with DoshEx permit these pioneering enterprises to transfer value to third parties in a fast, cost-efficient and transparent manner that delivers built-in fraud protection and client peace of mind as all transactions are blockchain-enabled.

Arya, an intelligent, open architecture digital services platform for both retail and commercial account holders, announced today at the Jack Henry Annual Conference (JAC) the roll-out of new features including: a payment wizard, receipt capture, and an optimized user experience.

Finicity, a leading provider of real-time financial data aggregation and insights, announced today it has been selected as a third-party service provider for the new

Moneynetint, UK based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the world, announced that it had completed the integration phase with Ripple, which offers blockchain solutions for payments.

Euromoney TRADEDATA confirmed the launch of TRADEDATA Central, its cloud-based platform to boost distribution of golden source futures and options contract, symbology and regulatory data.

Retailers suffer from a frequent loss of network connectivity, with a significant impact on sales as a result.

•    72 per cent of retailers have suffered a loss of connectivity

•    44 per cent of retailers experience a loss of connectivity every month

•    The cost of a loss of connectivity could be up to 50% of sales for 5 out of 6 retail business operations