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Ant International launches FalconTST 2.0 for cross-border FX forecasting
WHAT HAPPENED
The Paypers reports that Ant International introduced FalconTST 2.0, an updated time-series model for forecasting foreign-exchange risk, liquidity needs and transaction flows in cross-border payments. Ant's release names Barclays, Citi, Deutsche Bank and Standard Chartered among institutions using or evaluating the model and says it also plans applications in logistics, aviation and ecommerce.