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Foreign exchange (Forex) Stories

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Foreign exchange (Forex) stories

Macropod's AUDM lands on LMAX for institutional use
Fintech

Macropod's AUDM lands on LMAX for institutional use

Institutional clients in more than 100 countries can now trade an Australian dollar stablecoin as Macropod broadens AUDM beyond retail venues.

By Karen Joy Bacudo • 4 min read • Last week

Global Stories

Foreign exchange (Forex) stories

WasabiCard expands payout service to 30 fiat currencies
Fintech

WasabiCard expands payout service to 30 fiat currencies

Businesses can now send payroll and supplier payments in more than 30 currencies, as the Singapore-based firm broadens cross-border reach.

By Karen Joy Bacudo • 3 min read • 3 days ago
Allure Security uncovers 2,200 phantom bank domains
Fintech

Allure Security uncovers 2,200 phantom bank domains

Hundreds of users could be exposed to fake banking portals built from a low-cost template, as researchers linked 2,200 suspect domains.

By Sean Mitchell • 5 min read • Last week
Ant International launches FalconTST 2.0 for banks
Fintech

Ant International launches FalconTST 2.0 for banks

Barclays, Citi, Deutsche Bank and Standard Chartered are using the model to improve cash-flow and FX forecasts, with accuracy above 93%.

By Karen Joy Bacudo • 4 min read • Last week
Eskimo adds stablecoin payments for travel eSIM plans
Fintech

Eskimo adds stablecoin payments for travel eSIM plans

Travellers buying eSIM data in 175 countries can now pay with stablecoins as Eskimo seeks faster checkout and wider payment choice.

By Karen Joy Bacudo • 4 min read • Last week
Citi launches Custody+ for near-real-time services
Data Analytics

Citi launches Custody+ for near-real-time services

Institutional clients gain faster settlement and cash visibility as Citi completes its US rollout of Single Event Processing.

By Karen Joy Bacudo • 4 min read • Last week
North American fund managers boost currency hedging
Digital Transformation

North American fund managers boost currency hedging

Losses from unhedged foreign exchange exposure have pushed almost all North American fund managers to hedge forecastable currency risk.

By Karen Joy Bacudo • 4 min read • Last week
Global crypto app usage falls 40% as stablecoins hold
Crypto

Global crypto app usage falls 40% as stablecoins hold

Stablecoin-led demand is helping some markets hold up, even as retail speculation has driven a near 40% drop in crypto app usage worldwide.

By Sofiah Nichole Salivio • 3 min read • Last week
Inter links Brazil & US payments to TerraPay wallets
Fintech

Inter links Brazil & US payments to TerraPay wallets

The tie-up gives Inter faster bank-to-wallet reach for remittances and corporate payouts as digital wallets gain ground in global payments.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Stories from Other Regions

Foreign exchange (Forex) stories

Asian corporates embrace AI & embedded FX services
Software-as-a-Service

Asian corporates embrace AI & embedded FX services

Asian firms want faster FX hedging, but weak bank API links could slow automation in treasury systems despite rising AI adoption.

By Karen Joy Bacudo • 4 min read • Yesterday
RBC creates unified global transaction banking unit
Fintech

RBC creates unified global transaction banking unit

The reorganisation is meant to deepen corporate relationships and support RBC's push for more operating deposits and fee income.

By Karen Joy Bacudo • 3 min read • 3 days ago
Sooho.io & Partior link up on cross-border payments
Fintech

Sooho.io & Partior link up on cross-border payments

Korean banks could cut costs and delays on overseas transfers as the firms connect domestic payment infrastructure to live settlement rails.

By Karen Joy Bacudo • 4 min read • 3 days ago
TerraPay ties up with Deutsche Bank on cross-border pay
Fintech

TerraPay ties up with Deutsche Bank on cross-border pay

The partnership is set to improve US dollar settlement speed and reliability for international transfers, cutting costs for customers.

By Mark Tarre • 3 min read • Last week
Ripple partners Jeonbuk Bank on cross-border remittances
Digital Transformation

Ripple partners Jeonbuk Bank on cross-border remittances

South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.

By Karen Joy Bacudo • 4 min read • Last week
Revolut launches Ultra tier in Singapore for S$899
Virtual Private Networks

Revolut launches Ultra tier in Singapore for S$899

The subscription aims to woo Singapore's affluent customers with travel perks, investment discounts and bundled services worth more than S$10,000 a year.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Revolut launches Ultra subscription in Singapore market
Fintech

Revolut launches Ultra subscription in Singapore market

Singapore customers shut out of premium banking may now buy access, as a S$899 annual membership bundles travel, investment and lifestyle perks.

By Karen Joy Bacudo • 4 min read • Last week
Flagstone adds US dollar & euro SME savings accounts
Fintech

Flagstone adds US dollar & euro SME savings accounts

SMEs with overseas suppliers or customers can now earn interest on dollar and euro cash without juggling separate bank relationships.

By Karen Joy Bacudo • 4 min read • This month