Foreign exchange (Forex) stories
Venmo now lets users send USD $ transfers directly to PayPal accounts in 90 markets, creating a global person-to-person payments link.
Australian fintech Vivi unveils AI-native money platform on Pismo with Visa debit card, FX features and high-interest savings tools.
Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.
Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.
Wise wins full Thai licences to launch cross-border wallets and cards, challenging banks in a USD $9.46 billion remittance market.
Bitget's Bitcoin reserves jump 86% and net inflows hit USD $205.95 million as it launches AI trading tools and tokenised TradFi push.
Ripple seeks to secure an Australian Financial Services Licence via BC Payments deal, aiming to scale regulated cross‑border payments in APAC.
Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.
Airwallex hits USD $1bn in assets for its Yield product as it launches in the US, targeting SMEs seeking returns on operational cash.
Dojo teams up with Capital on Tap to launch a UK SME credit card offering up to GBP £250,000 limits, virtual cards and cashback rewards.
Cambridge-based Finspector has rebuilt its AI platform to scan finfluencer videos, images and posts as UK regulators tighten oversight.
Metro Bank teams up with Equals Money to offer FX forwards, helping UK business customers lock in exchange rates and manage currency risk.
TransFi raises USD $19.2m to scale stablecoin-powered cross-border payments across emerging markets, led by Turing Financial Group.
Monoova launches FX Hub to unite local collections, FX conversion and global settlement in one automated flow, cutting delays and complexity.
Mastercard Move links with Bank of Shanghai to add bank account rails for two-way cross-border payments between China and global markets.
Visa widens Bridge tie-up to let more firms issue stablecoin-backed cards, targeting faster, more certain cross-border SMB payments.
Bilder integrates xpate's card top-ups to offer 24/7 instant multi-currency account funding for cross-border customers and businesses.
Lightyear scraps commissions and slashes FX fees to 0.1%, escalating a price war among UK brokers as tax-year-end competition heats up.
Airwallex launches Yield for US firms after topping USD $1bn in assets, offering instant-access treasury via a J.P. Morgan money market fund.
Seven influencers with 4.5m Instagram followers were sentenced for pushing an illegal FX scheme in a case the FCA says should warn others.