Foreign exchange (Forex) Stories - Page 15

Global Stories

Foreign exchange (Forex) stories

Ripple acquires GTreasury for USD $1 billion to boost treasury services

Ripple has acquired GTreasury for USD $1 billion, enhancing its corporate treasury services and expanding digital asset use in global payments.

By Melania Watson • 3 min read • Fri, 17th Oct 2025

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

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

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

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

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

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

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

Risk & Compliance

UK firms extend FX hedge lengths as pound rises against USD

Amid tariff-driven volatility and a rising pound, 54% of UK firms lengthen FX hedges, securing financial protection amidst shifting market conditions.

By Shannon Williams • 5 min read • Fri, 23rd May 2025

Fintech

Revolut adds travel cover for Premium, Metal users

Revolut has launched travel insurance for Premium and Metal users in Australia and New Zealand, partnering with Chubb to enhance travel benefits locally and abroad.

By Kaleah Salmon • 2 min read • Fri, 16th May 2025

Crypto

Revolut reports record profits in Australia & globally for 2024

Revolut reported record 2024 results with AUD $4.4m net profit in Australia and USD $1.0bn globally, driven by surging customers and revenues.

By Sean Mitchell • 4 min read • Fri, 2nd May 2025

Crypto

Ripple acquires Hidden Road for USD $1.25 billion deal

Ripple has announced the acquisition of Hidden Road for USD $1.25 billion, making it the first crypto firm to manage a global multi-asset prime broker.

By Melania Watson • 3 min read • Wed, 9th Apr 2025

Stories from Other Regions

Foreign exchange (Forex) stories

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

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

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

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

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