Foreign exchange (Forex) Stories

Global Stories

Foreign exchange (Forex) stories

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 • 3 days ago

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 • Last week

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 • Last week

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

Digital Transformation

HSBC launches HSBCnio for corporate clients in Asia

Corporate treasurers in Asia can now access cash, payments and lending data inside their own workflows as HSBC rolls out HSBCnio across multiple markets.

By Karen Joy Bacudo • 3 min read • This month

Crypto

Visa & Lloyds test stablecoin settlement for USD $750,000

The seven-day test suggests stablecoins could cut cross-border settlement delays, with funds reaching Visa in under an hour, even over a weekend.

By Karen Joy Bacudo • 3 min read • This month

Software-as-a-Service

Mambu & Mastercard team up on cross-border payments

Banks could add faster, more transparent overseas transfers to digital apps without costly from-scratch integrations under the tie-up.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Foreign exchange (Forex) stories

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 • Yesterday

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 • 3 days ago

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 • 4 days ago

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 • 5 days ago