Foreign exchange (Forex) Stories

Global Stories

Foreign exchange (Forex) stories

Mangopay expands local payouts to five more currencies

Platforms can now avoid foreign exchange costs as the payment firm adds domestic rails for Australian, Hong Kong, Singaporean, Mexican and Turkish payouts.

By Karen Joy Bacudo • 3 min read • 2 days ago

Crypto

Trace Finance wins Grand Prix at 2026 Money Awards

The award highlights growing demand for regulated stablecoin infrastructure as Trace says it has handled more than USD $15 billion in cross-border volume.

By Karen Joy Bacudo • 4 min read • 3 days ago

Fintech

Bybit expands into stocks, payments and AI finance tools

The crypto exchange is now vying with brokers and fintechs as it adds access to more than 1,000 US stocks, ETFs and payment tools.

By Karen Joy Bacudo • 4 min read • Last week

Crypto

Noah raises USD $38 million to scale stablecoin payments

The seed round will fund a New York office and expansion across 150 markets as businesses shift to stablecoin-based cross-border payments.

By Karen Joy Bacudo • 4 min read • This month

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 • This month

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

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

Stories from Other Regions

Foreign exchange (Forex) stories

Crypto

Emerging markets show strong appetite for stablecoins

Inflation and currency weakness are pushing consumers in five emerging markets towards stablecoins, with 76% likely to use them for daily purchases.

By Karen Joy Bacudo • 4 min read • Yesterday

Fintech

RemitBee & TerraPay expand wallet payouts from Canada

Canadian small firms should get faster, cheaper overseas payouts as the partnership opens access to digital wallets in 156 countries.

By Karen Joy Bacudo • 4 min read • 3 days ago

Disaster Recovery

Kyndryl completes CLS data centre migration for FX trade

The first settlement cycle in the new environment processed nearly 2 million FX trades worth more than USD $9 trillion, testing its resilience.

By Sofiah Nichole Salivio • 3 min read • Last week

SWIFT

iBanFirst data shows UK firms still reliant on dollar

UK firms on iBanFirst's platform still made 70% of international payments in dollars in early 2026, exposing them to exchange-rate swings.

By Karen Joy Bacudo • 3 min read • Last week

Fintech

Convera names four executives to drive global platform

The appointments support Convera's push to integrate cross-border payments, FX risk tools and multi-currency services for business customers.

By Sofiah Nichole Salivio • 3 min read • Last week

Payment Technologies

APAC's stablecoin future won't be defined by a single token

Asia-Pacific businesses are likely to use several stablecoins in one payment flow, as cross-border transactions still face slow settlement and fragmentation.

By Vincent Chok • 4 min read • Last week