Foreign exchange (Forex) Stories

Global Stories

Foreign exchange (Forex) stories

APAC businesses seek faster cross-border payment options

Surveyed firms across five Asia-Pacific markets say slow, costly transfers are disrupting cash flow, with 94% wanting an alternative rail.

By Karen Joy Bacudo • 3 min read • Today

Software-as-a-Service

Convera appoints Craig McDonald to global partnerships role

The cross-border payments group is aiming to widen partner-led growth as Craig McDonald takes charge of global partnerships and channels.

By Karen Joy Bacudo • 3 min read • Last week

Cybersecurity

Bitget Q3 volume hits USD $1.86 trillion amid security push

A security incident in September left user balances untouched as the exchange rebuilt its Protection Fund to more than USD $300 million.

By Karen Joy Bacudo • 3 min read • Last week

Risk & Compliance

Convera warns businesses to brace for FX swings in 2027

Businesses should prepare for wider currency swings in 2027 as competition for capital makes foreign exchange markets harder to predict.

By Karen Joy Bacudo • 4 min read • Last month

Risk & Compliance

Crypto Finance tests instant bank transfers on Google Cloud

The trial showed tokenised deposits can move money instantly between Swiss bank customers while settlement and liquidity stay under existing rules.

By Karen Joy Bacudo • 4 min read • Last month

Crypto

Noah & Bitget Wallet launch virtual dollar accounts

Users in 100 million wallets will be able to receive USD and EUR through bank rails and hold the funds as stablecoins inside the app.

By Karen Joy Bacudo • 3 min read • Last month

Crypto

Orbital finds stablecoins cheaper than fintech rivals

The savings are often modest, with stablecoin FX matching institutional rates in many corridors and varying sharply by direction, provider and timing.

By Karen Joy Bacudo • 4 min read • Last month

Fintech

Goldman Sachs names Capitolis chief among entrepreneurs

The honour underscores Capitolis's growing influence in financial markets technology and adds to Gil Mandelzis's two-decade record as a founder.

By Shadda Lie Catugal • 3 min read • Last month

Fintech

Arf & Ripple bring RLUSD liquidity to XRPL payments

Payment firms could free up working capital as Arf's short-term RLUSD funding on XRPL targets delays in cross-border settlement.

By Karen Joy Bacudo • 4 min read • Last month

Fintech

Mangopay expands local payouts to five more currencies

Platforms can now avoid foreign exchange costs as the payment firm adds domestic rails for Australian, Hong Kong, Singaporean, Mexican and Turkish payouts.

By Karen Joy Bacudo • 3 min read • Last month

Crypto

Trace Finance wins Grand Prix at 2026 Money Awards

The award highlights growing demand for regulated stablecoin infrastructure as Trace says it has handled more than USD $15 billion in cross-border volume.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Foreign exchange (Forex) stories

Fintech

Wise launches Everyday Account in Australia for relocators

Relocators and other customers can now manage Australian bills, salary payments and foreign currencies in one account, with fees removed on local AUD transfers.

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

Supply Chain

Travelex signs 50 Canadian wholesale customers in year one

Demand for foreign currency has helped Travelex build a foothold in Canada, where it now serves more than 50 wholesale customers across three provinces.

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

Payment Technologies

Amazon launches seller wallet GBP for UK merchants

Eligible merchants can now hold UK sales proceeds in pounds and send fast, free domestic transfers through Seller Central.

By Karen Joy Bacudo • 3 min read • Last week

Software-as-a-Service

AvePoint lifts annual recurring revenue outlook on strong Q3

Strong SaaS demand lifted annual recurring revenue 27% to USD $495.1 million in the quarter, prompting AvePoint to raise full-year guidance.

By Karen Joy Bacudo • 4 min read • Last week

Fintech

Bloomberg adds AI coding assistant to BQuant platform

The tool could save analysts time by turning natural-language prompts into Python code and Bloomberg Query Language queries inside BQuant.

By Karen Joy Bacudo • 4 min read • Last month

Fintech

Modulr launches FX tool as travel firms face hidden costs

Many travel intermediaries still lack clear visibility over FX spending, with 88% saying their annual bill tops EUR 300,000.

By Karen Joy Bacudo • 3 min read • Last month

Crypto

Owlting flags 15-fold growth in OwlPay Harbor payments

Payment volume on OwlPay Harbor surged about 15-fold in six months as Owlting broadened its regulated cross-border network to more than 100 enterprise clients.

By Sofiah Nichole Salivio • 4 min read • Last month