Foreign exchange (Forex) Stories

Global Stories

Foreign exchange (Forex) stories

Mangopay expands Virtual Accounts to 24 currencies

Platforms handling cross-border collections can now reconcile payments in 24 currencies, as Mangopay widens Virtual Accounts support from seven.

By Karen Joy Bacudo • 3 min read • 2 days ago

Crypto

PayPal USD launches on Polygon for cross-border payments

Businesses using Polygon can now settle overseas payments in PYUSD with fewer integrations, as stablecoin use shifts into mainstream finance.

By Karen Joy Bacudo • 4 min read • 2 days ago

Crypto

Hyundai tests stablecoin remittance between US & Mexico

The trial cut an internal dollar transfer between Hyundai units in the US and Mexico to seven minutes, far faster than bank rails.

By Karen Joy Bacudo • 4 min read • 3 days ago

Fintech

Flix expands Klarna payments across 21 US & Europe markets

Travellers on Flix services in 21 markets can now spread ticket costs over time as Klarna rolls out across Europe and the US.

By Karen Joy Bacudo • 4 min read • 4 days ago

Fintech

Damisa appoints Nick Watkins as Chairman ahead of raise

The cross-border payments company is seeking stronger governance and operational depth as it readies a Series A fundraising round.

By Sofiah Nichole Salivio • 3 min read • 4 days ago

Crypto

Standard Chartered tests digital asset prime brokerage

The pilot could make institutional bitcoin and ether trading easier by adding bank balance sheet support, credit intermediation and T+1 settlement.

By Karen Joy Bacudo • 4 min read • 6 days ago

Crypto

Robinhood launches chain & stock tokens in 120 countries

The launch broadens access to tokenised shares and round-the-clock trading as the platform pushes deeper into DeFi outside the US.

By Sofiah Nichole Salivio • 4 min read • Last week

Fintech

J.P. Morgan adds five Asia-Pacific currencies to Kinexys

Asia-Pacific treasurers can now move funds around the clock as J.P. Morgan expands blockchain settlement to eight currencies, including yen and renminbi.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

onPhase taps TransferMate for cross-border payments

Finance teams will be able to handle overseas supplier payments inside onPhase, as the software maker adds TransferMate as its exclusive partner.

By Karen Joy Bacudo • 4 min read • Last week

Fintech

Checkout.com partners Agoda on travel payments using AI

The deal aims to cut failed bookings and speed supplier payouts across Agoda's global travel network, where cross-border payments are complex.

By Joseph Gabriel Lagonsin • 3 min read • Last week

Crypto

RedotPay taps OpenPayd for global stablecoin payments

The tie-up should speed remittances and multi-currency transfers for millions of RedotPay users as stablecoin payments expand globally.

By Karen Joy Bacudo • 4 min read • Last week

Risk & Compliance

Trading Technologies adds market replay surveillance

Exchanges and regulators get a 90-day playback of order books, as Trading Technologies expands its surveillance tools across asset classes.

By Karen Joy Bacudo • 3 min read • Last week

Data centers

CDC Data Centres NZ swings to loss despite rental growth

A NZD $145.6 million property revaluation loss and higher financing costs pushed the data centre operator to a NZD $87.7 million annual deficit.

By Karen Joy Bacudo • 3 min read • Last week

Digital Transformation

Jet Bank launches Albania's first fully digital bank

More than 75,000 Albanians are queued to try mobile-only banking as the new lender opens current accounts, savings and cards without branches.

By Karen Joy Bacudo • 4 min read • Last month

Fintech

Neo partners Triple-A to enable stablecoin payments

Businesses can now take stablecoin payments without holding crypto, as collections are auto-converted into local currency through treasury tools.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Foreign exchange (Forex) stories

Fintech

Lorum appoints Hartwig Gerhartinger as legal chief

The hire comes as the financial infrastructure group reports 15x growth and pursues a US trust bank charter to strengthen oversight.

By Sofiah Nichole Salivio • 3 min read • Yesterday

Fintech

Siam Commercial Bank joins Citi's 24/7 USD clearing

Thai corporates can now move US dollars round the clock after The Siam Commercial Bank became Citi's first client for a combined tokenised clearing service.

By Karen Joy Bacudo • 4 min read • Yesterday