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Foreign exchange (Forex) Stories - Page 8

Canadian Stories

Foreign exchange (Forex) stories

Loon raises CAD $3M to expand Canadian dollar stablecoin
Crypto

Loon raises CAD $3M to expand Canadian dollar stablecoin

Loon will develop a Canadian-dollar stablecoin to offer a domestic alternative to US-dollar stablecoins dominating Canada's digital market.

By Jake MacAndrew • 3 min read • Tue, 28th Oct 2025
Mark Lane launches FX platform for entrepreneurs in Canada
Fintech

Mark Lane launches FX platform for entrepreneurs in Canada

Mark Lane has launched Canada's first FX platform letting entrepreneurial currency professionals run their own client portfolios with flexible hours and higher commissions.

By Jed Nykolle Harme • 4 min read • Sat, 25th Oct 2025
Dext Payments automates bookkeeping payroll with Airwallex
Fintech

Dext Payments automates bookkeeping payroll with Airwallex

Dext partners with Airwallex to launch Dext Payments, automating payments and invoicing across multiple currencies.

By Jake MacAndrew • 3 min read • Thu, 10th Jul 2025

Global Stories

Foreign exchange (Forex) stories

Global targets for cross-border payment reforms at risk of delay
Data Protection

Global targets for cross-border payment reforms at risk of delay

Global financial authorities are likely to miss their 2027 target to improve cross-border payments, with costs and regulatory hurdles still impeding progress.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025
Report finds claims of US 'de-dollarisation' exaggerated, warns on AUD ties
Wall Street

Report finds claims of US 'de-dollarisation' exaggerated, warns on AUD ties

A report finds claims of rapid US 'de-dollarisation' exaggerated, warning Australia faces risks due to heavy reliance on the US dollar amid biased global media.

By Shannon Williams • 4 min read • Wed, 1st Oct 2025
MetaComp completes first cross-border payment using carbon stablecoin
Fintech

MetaComp completes first cross-border payment using carbon stablecoin

MetaComp has completed the first cross-border payment using its CNT Carbon Stablecoin, enabling same-day EUR to CNH settlement with embedded carbon credits.

By Catherine Knowles • 3 min read • Fri, 15th Aug 2025
MetaComp launches Ripple RLUSD stablecoin for APAC institutions
Monetary Authority of Singapore

MetaComp launches Ripple RLUSD stablecoin for APAC institutions

MetaComp has launched Ripple's USD stablecoin RLUSD on its StableX platform, offering APAC institutions faster, compliant cross-border payments.

By Kaleah Salmon • 3 min read • Tue, 12th Aug 2025
Rising tariffs drive North American firms to boost FX hedging
Digital Transformation

Rising tariffs drive North American firms to boost FX hedging

Rising US tariffs have sparked a surge in FX hedging among 91% of North American firms, despite costs climbing 76%, as businesses fight currency-driven profit hits.

By Catherine Knowles • 4 min read • Fri, 18th Jul 2025
Velocity secures USD $10M to build stablecoin platform
Fintech

Velocity secures USD $10M to build stablecoin platform

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

By Jed Nykolle Harme • 4 min read • Wed, 28th May 2025
Tariff turmoil drives UK firms to lengthen FX hedges in 2025
EduTech

Tariff turmoil drives UK firms to lengthen FX hedges in 2025

UK firms are extending FX hedge lengths in 2025 amid tariff-driven volatility, benefiting from a weaker US dollar and favourable exchange rates.

By Catherine Knowles • 5 min read • Wed, 28th May 2025

Stories from Other Regions

Foreign exchange (Forex) stories

Bloomberg hackathon in Singapore spotlights quant & AI talent
Data Science

Bloomberg hackathon in Singapore spotlights quant & AI talent

The Bloomberg Code Crunch Hackathon in Singapore showcased top quant and AI talent, with NTU students and financial firms developing innovative investment tools.

By Sean Mitchell • 3 min read • Thu, 13th Nov 2025
Obita raises $10 million to expand stablecoin payment network
Fintech

Obita raises $10 million to expand stablecoin payment network

Obita raises $10 million to expand its blockchain-based stablecoin payment network, enhancing low-cost, compliant cross-border settlements globally.

By Catherine Knowles • 4 min read • Fri, 5th Sep 2025
Australian SMEs gain export support amid AUD volatility with new partnership
Risk & Compliance

Australian SMEs gain export support amid AUD volatility with new partnership

The Export Council of Australia and WorldFirst partner to help SMEs tackle AUD volatility and ease global trade with better currency management tools.

By Sean Mitchell • 3 min read • Wed, 13th Aug 2025
Alpha Ladder patents framework for carbon-backed stablecoins
Crypto

Alpha Ladder patents framework for carbon-backed stablecoins

Singapore's Alpha Ladder Group patents a framework for carbon-backed stablecoins, linking real-world decarbonisation projects to blockchain technology for greener finance.

By Catherine Knowles • 5 min read • Thu, 31st Jul 2025
Wise urges New Zealand MPs to end NZD $667m FX fee losses
Payments NZ

Wise urges New Zealand MPs to end NZD $667m FX fee losses

Wise urges New Zealand MPs to end NZD $667m annual losses from hidden foreign exchange fees by enforcing transparency in bank currency conversion costs.

By Jed Nykolle Harme • 4 min read • Tue, 22nd Jul 2025
SentBe rides the wave of Singapore's foreign resident boom
Fintech

SentBe rides the wave of Singapore's foreign resident boom

SentBe is the first Korean fintech to win Singapore's Cross-border Remittance Licence amid rising demand from growing expatriate communities.

By Kaleah Salmon • 4 min read • Fri, 30th May 2025
Aussies slammed with hidden fees while using bank cards abroad
Fintech

Aussies slammed with hidden fees while using bank cards abroad

New research reveals 78% of Aussie travellers face hidden bank card fees abroad, with charges costing some up to AUD $4,000 annually on holidays.

By Melania Watson • 4 min read • Thu, 29th May 2025