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Foreign exchange (Forex) Stories

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Foreign exchange (Forex) stories

Nu launches in US with multi-currency Global account
Crypto

Nu launches in US with multi-currency Global account

A wider customer base and new cross-border fees are in Nu's sights as it begins serving US savers and international payers.

By Karen Joy Bacudo • 5 min read • Last week
Shufti launches bank account verification in 70 nations
Software-as-a-Service

Shufti launches bank account verification in 70 nations

Businesses can now confirm account ownership before sending payments, with Shufti's tool covering more than 70 countries and easing fraud checks.

By Karen Joy Bacudo • 4 min read • Last week
Neema launches FX Trading Room for business clients
Fintech

Neema launches FX Trading Room for business clients

Businesses can now separate currency trades from payouts, as the new service lets them hold converted funds for later use amid volatile exchange rates.

By Karen Joy Bacudo • 4 min read • Last week
TransferMate & Serrala launch embedded global payments
Digital Transformation

TransferMate & Serrala launch embedded global payments

Serrala customers can now process cross-border payables inside one platform, reducing manual hand-offs for more than 2,800 organisations.

By Karen Joy Bacudo • 3 min read • This month
From wallets to accounts: The quiet convergence of crypto and everyday finance
Crypto

From wallets to accounts: The quiet convergence of crypto and everyday finance

In emerging markets, users are increasingly treating crypto wallets as everyday money tools, with stablecoins helping fill costly gaps in payments.

By Alvin Kan • 5 min read • This month
Minor Hotels taps Checkout.com for global payments
Digital Transformation

Minor Hotels taps Checkout.com for global payments

The tie-up could lift card approval rates and cut foreign exchange costs as the hotel group expands across 67 countries.

By Karen Joy Bacudo • 3 min read • This month
Revolut wins US bank approval in key expansion step
Crypto

Revolut wins US bank approval in key expansion step

Conditional approval from US regulators brings Revolut closer to offering loans, cards and FDIC-insured deposits to American customers by 2027.

By Karen Joy Bacudo • 4 min read • This month

Stories from Other Regions

Foreign exchange (Forex) stories

EbixCash expands cross-border payments push overseas
Fintech

EbixCash expands cross-border payments push overseas

Regulatory approvals and new clearing links could let the Indian payments group handle a wider share of overseas remittances and trade flows.

By Karen Joy Bacudo • 4 min read • Last week
ZYMIX picks Mangopay for UK super app wallet launch
Digital Transformation

ZYMIX picks Mangopay for UK super app wallet launch

UK students could soon split tickets, taxis and shared costs inside one app as ZYMIX embeds Mangopay's wallet infrastructure from launch.

By Sofiah Nichole Salivio • 4 min read • This month
Netcore & GlobalPay unite customer engagement systems
Customer Relationship Management

Netcore & GlobalPay unite customer engagement systems

Customers now get faster follow-up on currency and remittance enquiries as GlobalPay links 12 channels with sales tools on one platform.

By Karen Joy Bacudo • 4 min read • This month
Tokenisation is an infrastructure decision
Fintech

Tokenisation is an infrastructure decision

Australia's wealth managers now face pressure to rebuild custody and distribution systems as tokenised assets move under the same law as other holdings.

By Dan Sleep • 5 min read • This month
Uzbekistan unveils fintech plan to draw USD $1 billion
Fintech

Uzbekistan unveils fintech plan to draw USD $1 billion

Aiming to lure overseas capital, the country's six-year plan also targets 5,000 trained specialists and fresh cross-border payment links.

By Karen Joy Bacudo • 5 min read • This month
Toshiba Australia profit falls as revenue & cash drop
Supply Chain

Toshiba Australia profit falls as revenue & cash drop

Weaker revenue and cash generation drove Toshiba Australia's annual profit down to AUD $1.529 million, despite steady pretax earnings.

By Karen Joy Bacudo • 5 min read • This month
Sony New Zealand profit falls as revenue slips to NZD $53m
Risk & Compliance

Sony New Zealand profit falls as revenue slips to NZD $53m

Weaker sales and a higher tax charge halved Sony New Zealand's annual profit as operating cash flow also dropped sharply.

By Karen Joy Bacudo • 4 min read • This month
Revolut Bank Australia launches 5.50% savings rate
Fintech

Revolut Bank Australia launches 5.50% savings rate

New customers can earn an introductory 5.50% savings rate for three months on balances up to AUD $100,000 without deposit or card-spend conditions.

By Sean Mitchell • 4 min read • Last month
Finance infrastructure, the silent growth constraint
Fintech

Finance infrastructure, the silent growth constraint

Slow financial systems can drain founders' time and cash, as hidden FX fees and compliance gaps emerge before growth plans do.

By Jonathan Low • 4 min read • Last month
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 • Last month
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 • Last month