Tagged: clsnet

MUFG Bank Signs Up to CLSNet, CLS’s Bilateral Payment Netting Calculation Service

December 4, 2022 @ 2:24 pm By Omar Faridi |

MUFG Bank (NYSE:MUFG) claims it is the “first” Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service “for over 120 currencies.” MUFG Bank will “join the expanding CLSNet community of global and regional banks, which includes eight of the top ten… Read More

Read more in: Fintech, Asia, Global | Tagged apac, asia pacific, banking, clsnet, financial services, fx, japan, mufg, mufg bank, payment technology

Financial Market Infrastructure Provider CLS Welcomes Updates to FX Global Code

July 20, 2021 @ 2:33 am By Omar Faridi |

CLS, a financial market infrastructure service offering settlement, processing and data solutions across the international foreign exchange (FX) ecosystem, has welcomed updates to the FX Global Code – which aim to place more emphasis on the use of payment-versus-payment (PvP) settlement mechanisms where accessible, while… Read More

Read more in: Fintech, Global | Tagged clsnet, foreign exchange, fx