Foreign exchange (Forex) stories - Page 2

Venmo now lets users send USD $ transfers directly to PayPal accounts in 90 markets, creating a global person-to-person payments link.

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.

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.

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.

Bitget's Bitcoin reserves jump 86% and net inflows hit USD $205.95 million as it launches AI trading tools and tokenised TradFi push.

Seven influencers with 4.5m Instagram followers were sentenced for pushing an illegal FX scheme in a case the FCA says should warn others.

Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.

Women in fintech say inclusion tech is advancing faster than culture, warning against hollow celebration while pushing for real structural change.

Revolut seeks a US national bank charter and names Cetin Duransoy as US chief, sharpening its push into regulated American banking.

MSCI is buying Compass Financial Technologies to deepen its multi-asset and crypto index capabilities and expand bespoke benchmark services.

Ripple expands Ripple Payments with new custody and collections tools as stablecoin-based cross-border settlement surges among institutions.

Currenxie rolls out a UK multi-currency business account for SMEs, promising cheaper cross-border payments, FX and Visa Business cards.

Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.

Unhedged FX hits UK firms for GBP £6.71m and US peers for USD $9.85m on average, spurring a renewed shift towards defensive hedging.

TerraPay and Sabre have struck a multi-year deal to power instant cross-border bank payouts for travel agencies, airlines and hotels.