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Foreign exchange (Forex) stories

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 • Last week
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 • Last week
OpenPayd links with Circle for faster cross-border fiat
Fintech

OpenPayd links with Circle for faster cross-border fiat

Businesses using OpenPayd can now settle cross-border transfers in seconds while keeping payments in fiat and avoiding blockchain complexity.

By Karen Joy Bacudo • 4 min read • Last month
WasabiCard expands payout service to 30 fiat currencies
Fintech

WasabiCard expands payout service to 30 fiat currencies

Businesses can now send payroll and supplier payments in more than 30 currencies, as the Singapore-based firm broadens cross-border reach.

By Karen Joy Bacudo • 3 min read • Last month
Allure Security uncovers 2,200 phantom bank domains
Fintech

Allure Security uncovers 2,200 phantom bank domains

Hundreds of users could be exposed to fake banking portals built from a low-cost template, as researchers linked 2,200 suspect domains.

By Sean Mitchell • 5 min read • Last month
Ant International launches FalconTST 2.0 for banks
Fintech

Ant International launches FalconTST 2.0 for banks

Barclays, Citi, Deutsche Bank and Standard Chartered are using the model to improve cash-flow and FX forecasts, with accuracy above 93%.

By Karen Joy Bacudo • 4 min read • Last month
Eskimo adds stablecoin payments for travel eSIM plans
Fintech

Eskimo adds stablecoin payments for travel eSIM plans

Travellers buying eSIM data in 175 countries can now pay with stablecoins as Eskimo seeks faster checkout and wider payment choice.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Foreign exchange (Forex) stories

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 • 2 days ago
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 • 2 days ago
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 • Last week
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 • Last week
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 • Last week
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
Sooho.io & Partior link up on cross-border payments
Fintech

Sooho.io & Partior link up on cross-border payments

Korean banks could cut costs and delays on overseas transfers as the firms connect domestic payment infrastructure to live settlement rails.

By Karen Joy Bacudo • 4 min read • Last month
TerraPay ties up with Deutsche Bank on cross-border pay
Fintech

TerraPay ties up with Deutsche Bank on cross-border pay

The partnership is set to improve US dollar settlement speed and reliability for international transfers, cutting costs for customers.

By Mark Tarre • 3 min read • Last month