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HiFX
HiFX was a UK-based foreign exchange broker and payments provider. It was acquired by Euronet Worldwide in 2014. In 2019 it was merged with xe.com, another Euronet Worldwide subsidiary, and has since been operating under the xe.com brand. History The company was established in 1998 in the UK as ''Halewood International Foreign Exchange Limited'' by the three founders, Shaun Taylor, Laurence Butcher and Matthew Knowles with the backing of beverage company founder John Halewood of Halewood International. HiFX went on to become one of the major UK non-bank foreign exchange companies. Timeline In 2001 it made its first expansion overseas when it opened an office in New Zealand. This was to become its second largest operation outside the UK and provided services to New Zealand, Australasia and the wider Asia Pacific region. In 2004 it changed its name to HiFX Plc. That same year it also opened an office in San Francisco to serve the North America market. In 2008 it acquired New Ze ...
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Euronet Worldwide
Euronet Worldwide is an American provider of global electronic payment services with headquarters in Leawood, Kansas. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, currency exchange and other electronic financial services and payments software. Among others, it provides the prepaid subsidiaries Transact, PaySpot, epay, Movilcarga, TeleRecarga and ATX. As of 2019, Euronet services 50,000 ATMs and 330,000 EFT point-of-sale terminals across 170 countries. History The company was founded in 1994 by brothers-in-law Dan Henry and Mike Brown and headquartered in Leawood, Kansas. In 1998, Euronet purchased ARKSYS, a computer software company that specialized in electronic payment and transaction delivery systems. On January 23, 2002, Euronet Worldwide announced the formation of a joint venture with Hong Kong-based First Mobile Group Holdings Limited. In April 2014, Walmart started offering a store-to-store money transfer servic ...
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Foreign Exchange Company
A non-bank foreign exchange company also known as foreign exchange broker or simply forex broker is a company that offers currency exchange and international payments to private individuals and companies. The term is typically used for currency exchange companies that offer physical delivery rather than speculative trading. i.e. there is a physical delivery of currency to a bank account. Foreign exchange companies are normally distinct from money transfer companies or remittance companies and bureaux de change as they typically perform high-value transfers unlike their money transfer counterparts that focus on high-volume low-value transfers generally by economic migrants back to their home country or to provide cash for travelers. The transactions offered by foreign exchange companies are usually either spot transactions or forward transactions. Some foreign exchange companies, such as Moneycorp and Global Reach, offer foreign exchange options for business clients too. Given ...
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Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ...
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Bracknell
Bracknell () is a town and civil parish in Berkshire, England, the westernmost area within the Greater London Built-up Area, Greater London Urban Area and the administrative centre of the borough of Bracknell Forest. It lies to the east of Reading, Berkshire, Reading, south of Maidenhead, southwest of Windsor, Berkshire, Windsor and west of central London. Bracknell is the third largest town in Berkshire. The name Bracknell is derived from the Saxon ''Braccan Heal'' or ''Braccan Heale'', first recorded in a charter boundary of 942 AD. In the Middle Ages, Bracknell developed into two small market villages, Old Bracknoll and New Bracknoll. By the 19th century, the two Bracknells had combined into a single market town, which was an important centre of local industry, most notably for its brick trade. In the 20th century, Bracknell experienced a period of rapid growth after it was declared a New towns in the United Kingdom, New Town. Planned at first for a population of 25,000, ...
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Foreign Exchange Market
The foreign exchange market (forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. By trading volume, it is by far the largest market in the world, followed by the credit market. The main participants are the larger international banks. Financial centres function as anchors of trading between a range of multiple types of buyers and sellers around the clock, with the exception of weekends. As currencies are always traded in pairs, the market does not set a currency's absolute value, but rather determines its relative value by setting the market price of one currency if paid for with another. Example: 1 USD is worth 1.1 Euros or 1.2 Swiss Francs etc. The market works through financial institutions and operates on several levels. Behind the scenes, banks turn to a smaller number of financial firms known as "dealers", who are involve ...
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Halewood International
Halewood International or Halewood Artisanal Spirits PLC are UK-based distiller and distributor of artisanal spirits. They are one of the UK's largest independent artisanal spirits distillers which exports to 95 countries. Structure Halewood Artisanal Spirit's head office is in Rushden. The company distills across the UK at the following locations: London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ..., Edinburgh, Snowdonia, Bristol, Liverpool, Berkshire, and the Lake District. The Halewood Group has six operations outside the UK: Australia, China, Canada, Germany, Thailand and the United States. History John Halewood founded the company in 1978, initially selling Bulgarian wines from his garage. He later launched his first product, Club Royal (sherry), and in 1987 ...
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New Zealand
New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of island countries, sixth-largest island country by area and lies east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The Geography of New Zealand, country's varied topography and sharp mountain peaks, including the Southern Alps (), owe much to tectonic uplift and volcanic eruptions. Capital of New Zealand, New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and subsequently developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. ...
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Ria Money Transfer
Ria Money Transfer is a subsidiary of Euronet Worldwide, Inc., which specializes in money remittances. Ria initiates transfers through a network of agents and company-owned stores located throughout North America, South America, Europe, Asia-Pacific, Africa, and online. Ria is one of the big four remittance companies. History Ria has grown to become the second largest money transfer service in the world. In 2006, Ria was acquired by Euronet Worldwide, Inc., becoming part of its money transfer segment together with XE. Ria began working with post offices in 2010 and on July 31, 2014, partnered with Postbank, which is owned by the Kenyan government. This allowed customers to send money through any of the bank's 99 branches, or receive it directly into their accounts. In 2014, the company launched ''Walmart-2-Walmart Powered by Ria'', a Walmart money transfer service within the US. The service allows customers to transfer money to and from more than 4,600 stores at competitive ...
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Money Transmitter
In the legal code of the United States, a money transmitter or money transfer service is a business entity that provides money transfer services or payment instruments. Money transmitters in the US are part of a larger group of entities called money service businesses, or MSBs. Under federal law, 18 USC § 1960, businesses are required to register for a money transmitter license where their activity falls within the state definition of a money transmitter. Regulation Forty-nine US states (sans Montana) regulate (i.e., require licensure for) money transmitters, although the laws vary from one state to the other. Most of the states require a money transmitter surety bond with widely ranging amounts from as little as $25,000 to over $1 million and maintain a minimum capital requirement. There is an association of state regulators, the Money Transfer Regulators Association (MTRA) that seeks to create uniformity, common practices, and efficient and effective regulation of the money t ...
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Emigration
Emigration is the act of leaving a resident country or place of residence with the intent to settle elsewhere (to permanently leave a country). Conversely, immigration describes the movement of people into one country from another (to permanently move to a country). A migrant ''emigrates'' from their old country, and ''immigrates'' to their new country. Thus, both emigration and immigration describe International migration, migration, but from different countries' perspectives. Demographers examine push and pull factors for people to be pushed out of one place and attracted to another. There can be a desire to escape negative circumstances such as shortages of land or jobs, or unfair treatment. People can be pulled to the opportunities available elsewhere. Fleeing from oppressive conditions, being a refugee and Asylum seeker, seeking asylum to get Refugee#Refugee status, refugee status in a foreign country, may lead to permanent emigration. Forced displacement refers to group ...
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Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg T ..., a news agency ** '' Bloomberg Businessweek'', weekly business magazine and website ** '' Bloomberg Markets'', a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel *** Bloomberg TV Canada *** Bloomberg TV ...
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