Foreign exchange (Forex) Stories

By Sean Mitchell • 4 min read • Yesterday

Currenxie launches EEA business accounts from Ireland

Currenxie enters the EEA from Dublin with multi-currency business accounts, targeting SMEs seeking faster cross-border payments.

Data Protection

AvePoint lifts guidance after strong first quarter

Stronger demand for cloud data tools lifted AvePoint’s first-quarter revenue 26% and prompted the company to raise its full-year ARR outlook.

Data Analytics

Codat launches advisory intelligence platform for banks

Banks are under pressure to turn scattered customer data into actionable advice as BMO adopts Codat’s new platform for client conversations.

Digital Transformation

Mphasis posts stronger earnings as AI deals drive wins

AI-related contracts made up most of Mphasis's new business last year, helping lift annual deal wins 68% to USD $2.1 billion.

By Mark Tarre • 3 min read • Last week

Santander joins GBP £550 million Ebury funding round

The deal will back Ebury’s expansion into new markets while leaving Santander with a 55% stake in the cross-border payments fintech.

Digital Transformation

Cognizant lifts margin outlook after bookings jump

Bookings surged 21% in the first quarter, prompting Cognizant to raise its adjusted operating margin outlook and back annual revenue guidance.

By Shannon Williams • 4 min read • Last month

Thunes & WireBarley launch real-time Korea payments

The tie-up gives 1.1 million WireBarley users faster transfers into South Korea as remittance demand there topped USD $7.45 billion last year.

By Kaleah Salmon • 3 min read • Last month

Bitget says 460,000 users adopted its AI trading tools

Early uptake suggests crypto traders want analysis, execution and strategy in one place, with Bitget saying Gracy AI drew more than 460,000 users.

Customer Relationship Management

Payment firms expand into broader merchant services

Merchants could soon get payments, loyalty, lending and checkout tools from one supplier as firms chase fuller control of commerce.

By Karen Joy Bacudo • 5 min read • Last month

By Karen Joy Bacudo • 3 min read • Last month

Borderless AI launches crypto payroll for global staff

Global employers may now face added demand for flexible pay, as workers can divert part of wages into crypto before payroll is finalised.

Stories from Other Regions

Foreign exchange (Forex) stories

Wise adds family & group travel tools for Australians

Shared spending and children’s cards aim to ease overseas money stress for Australian travellers, as 67% reported anxiety on recent trips.

RPM Forex launches Gold Bot as automated trading tool

Retail traders may face quicker gold and forex decisions as the new bot automates analysis and trade execution from GBP £495.

Indonesia, China launch cross-border QR payments link

Travellers and small merchants in Indonesia and China can now use domestic e-wallets across both markets, widening QR payment acceptance.

By Karen Joy Bacudo • 3 min read • Last week

Wise launches multi-currency interest feature in Canada

Canadians can now earn returns on balances in Canadian dollars, US dollars, euros and pounds sterling without locking up funds.

By Catherine Knowles • 4 min read • This month

ANZ boosts Plus transfers with tracking & fraud checks

Customers can now track overseas payments in ANZ Plus, with near real-time transfers on some routes and extra scam protections added.

By Karen Joy Bacudo • 3 min read • Last month

KOHO launches crypto trading in Canada for app users

Canadian app users can now trade more than 20 cryptocurrencies from CAD $1 without leaving KOHO's main platform.

Disaster Recovery

Bloxley chooses Equals Money for cross-border push

The neobank can now tap infrastructure for accounts in more than 38 currencies as it prepares a launch in four countries.

Digital Transformation

UK firms still rely on manual payment reconciliation

Most high-volume British businesses still reconcile payments by hand, leaving finance teams with patchy visibility over costs and fund flows.

Wise gains Payments Canada membership to target RTR

Canadian customers could get faster, cheaper transfers as Wise moves closer to direct access to the country’s real-time payments network.