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Foreign exchange (Forex) Stories

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Foreign exchange (Forex) stories

Ebury backs Novva's AI power build-out across markets
Fintech

Ebury backs Novva's AI power build-out across markets

Cross-border payments and currency hedging will help Novva finance renewable power assets for AI projects across Asia-Pacific and Latin America.

By Karen Joy Bacudo • 3 min read • Last week
Walapay raises USD $4.6 million seed funding round
Crypto

Walapay raises USD $4.6 million seed funding round

The fresh capital will fund licensing, banking ties and hiring as the payments platform expands direct links across Latin America, Africa and Asia.

By Karen Joy Bacudo • 4 min read • This month
Citi launches instant cross-border payments on Swift
Fintech

Citi launches instant cross-border payments on Swift

The service gives banks single-account access to instant cross-border transfers in four currencies, reducing the need for local banking ties and infrastructure.

By Karen Joy Bacudo • 3 min read • This month
HSBC launches HSBCnio for corporate clients in Asia
Digital Transformation

HSBC launches HSBCnio for corporate clients in Asia

Corporate treasurers in Asia can now access cash, payments and lending data inside their own workflows as HSBC rolls out HSBCnio across multiple markets.

By Karen Joy Bacudo • 3 min read • This month
Visa & Lloyds test stablecoin settlement for USD $750,000
Crypto

Visa & Lloyds test stablecoin settlement for USD $750,000

The seven-day test suggests stablecoins could cut cross-border settlement delays, with funds reaching Visa in under an hour, even over a weekend.

By Karen Joy Bacudo • 3 min read • This month
Mambu & Mastercard team up on cross-border payments
Software-as-a-Service

Mambu & Mastercard team up on cross-border payments

Banks could add faster, more transparent overseas transfers to digital apps without costly from-scratch integrations under the tie-up.

By Karen Joy Bacudo • 4 min read • Last month
Bitget launches reward scheme after security incident
Risk & Compliance

Bitget launches reward scheme after security incident

User balances remain intact as Bitget ties payouts to trading activity after a September 24 security incident, with rewards paid in USDT.

By Karen Joy Bacudo • 3 min read • Last month
BNY launches Pay-to-Wallet service for Asia Pacific
Digital Transformation

BNY launches Pay-to-Wallet service for Asia Pacific

Banks in Asia Pacific can now send cross-border payments into retail wallets, as BNY taps rising demand for faster consumer payouts.

By Karen Joy Bacudo • 3 min read • Last month

Stories from Other Regions

Foreign exchange (Forex) stories

OakNorth taps Wise Platform for international payments
Fintech

OakNorth taps Wise Platform for international payments

The deal gives growing UK firms faster, clearer cross-border transfers as small business overseas payments are forecast to surge 22% by 2029.

By Karen Joy Bacudo • 4 min read • Last week
Wise launches eSIMs & QR payments for Australian travellers
Fintech

Wise launches eSIMs & QR payments for Australian travellers

Travellers arriving overseas without connectivity or cash access can now use Wise for data and local QR payments in one app.

By Karen Joy Bacudo • 4 min read • Last week
Ecommpay urges merchants to use AI for lost revenue
Customer Experience

Ecommpay urges merchants to use AI for lost revenue

Failed payments are costing online merchants sales, as Ecommpay says AI can also pinpoint lost revenue and lift conversion rates.

By Sofiah Nichole Salivio • 3 min read • Last week
PayDo adds Convera SWIFT receivables to payments platform
Fintech

PayDo adds Convera SWIFT receivables to payments platform

Businesses will be able to receive SWIFT transfers and push funds onward in one system, reducing the need for extra banking infrastructure.

By Karen Joy Bacudo • 3 min read • Last week
Singapore SMEs embrace fintech, but banks still matter
Fintech

Singapore SMEs embrace fintech, but banks still matter

Traditional banks still underpin Singapore's smaller firms even as 80% now use fintech, with only 30% fully switched, a survey found.

By Karen Joy Bacudo • 3 min read • Last week
Global Payments expands Thailand travel network with Centara
Airlines

Global Payments expands Thailand travel network with Centara

The tie-up should help Centara reduce checkout drop-off as international guests in Thailand get local currency pricing and more payment options.

By Karen Joy Bacudo • 4 min read • Last week
XTransfer launches Southeast Asia local collection service
Foreign exchange

XTransfer launches Southeast Asia local collection service

The service is aimed at easing payment delays and foreign exchange costs for exporters trading with ASEAN buyers, as regional commerce expands.

By Karen Joy Bacudo • 3 min read • Last week
BEYLA strikes Visa deal to boost AI tools for SMBs
Software-as-a-Service

BEYLA strikes Visa deal to boost AI tools for SMBs

The tie-up could help small firms spot cash-flow risks and growth opportunities faster, while keeping owners in control of any action.

By Karen Joy Bacudo • 4 min read • This month
Digital Assets Summit 2026 to spotlight tokenised finance
Crypto

Digital Assets Summit 2026 to spotlight tokenised finance

Asia's growing share of stablecoin payments is pushing banks and regulators to focus on governance, liquidity and cross-border rules.

By Sofiah Nichole Salivio • 4 min read • Last month
Card-Agnostic Spend Management: Why Your Software Shouldn't Decide Which Cards You Use
Software-as-a-Service

Card-Agnostic Spend Management: Why Your Software Shouldn't Decide Which Cards You Use

Businesses using spend management software could face costly lock-in if their platform only works with its own corporate cards.

By Radha Pathi Reddy • 9 min read • Last month