Foreign exchange (Forex) Stories - Page 10

Global Stories

Foreign exchange (Forex) stories

Over 75% of firms faced FX losses without hedging in 2024

Research by MillTechFX reveals that over 75% of firms faced losses from unhedged foreign exchange risks in 2024, prompting strategic adjustments in hedging.

By Kaleah Salmon • 2 min read • Mon, 24th Feb 2025

Financial institutions

Morgan Stanley partners with Wise to boost FX settlements

Morgan Stanley has partnered with Wise to enhance its foreign exchange settlement capabilities, marking a first for an investment bank in this area.

By Kaleah Salmon • 2 min read • Thu, 26th Dec 2024

Financial results

Kyriba reveals $95 billion currency effect in global liquidity report

Kyriba's Q4 2023 report highlights a $95bn total currency impact on revenues of 1700 public North American and European companies.

By Tom Raynel • 3 min read • Fri, 26th Apr 2024

Fintech

Paysend expands services with amplified Currencycloud partnership

Fintech firms Paysend and Currencycloud expand partnership, aiming to extend Paysend's global services and boost its foreign exchange capabilities, potentially benefiting customers worldwide.

By Sean Mitchell • 3 min read • Thu, 28th Mar 2024

Health Technologies

Kyriba's Q3 2023 CIR reveals $30bn FX impact on global firms

Kyriba's latest CIR unveils a $30bn FX impact on 1,200 multinational firms in Q3 2023, highlighting FX's influence on revenues and cash flows.

By Tom Raynel • 3 min read • Fri, 16th Feb 2024

Marketing Technologies

Business payments outlook in 2024: The four macro trends in APAC

Amid a shift towards integrated financial solutions, the Asia-Pacific region's business payment landscape is set for major changes.

By Rohit Narang • 5 min read • Thu, 8th Feb 2024

Fintech

Universal Partners launches inclusive FX Academy in London

Universal Partners opens the FX Academy in Canary Wharf, a landmark initiative aimed at diversifying fintech by educating fresh talents without previous experience or qualifications.

By Sean Mitchell • 3 min read • Mon, 29th Jan 2024

Fintech

How APAC CFOs can tackle currency risk in today's economy

Join us as we uncover how CFOs in APAC can implement successful forex risk management strategies to gain stability in an uncertain environment.

By Aidan McDonald • 6 min read • Fri, 22nd Dec 2023

Fintech

Navigating the complexities of FX hedging and risk management

New technology is democratising access to FX expertise, providing a more detailed view of the global marketplace.

By Simon Bishop • 4 min read • Tue, 25th Jul 2023

Marketing Technologies

Corpay enters new agreement with World Table Tennis

Corpay Cross-Borders award-winning platform will enable eligible companies to manage their global payments from a single point of access.

By Mitchell Hageman • 2 min read • Thu, 1st Dec 2022

Marketing Technologies

CellPoint Digital and Reach simplify cross-border payments

CellPoint Digital has announced a new partnership with Reach, a payment platform that simplifies how businesses sell cross-border.

By Catherine Knowles • 2 min read • Mon, 31st Oct 2022

Crypto

Video: 10 Minute IT Jams - An update from Currencycloud

TechDay's 10 Minute IT Jams: Currencycloud's COO, Mark Ledsham, discusses the company's operations in the Asia-Pacific region.

By Mitchell Hageman • 5 min read • Fri, 9th Sep 2022

DataCentre infrastructure

Fortify IT: How to fix Exchange server issues that just won't die

The world learned about the Hafnium attacks on Microsoft Exchange servers last year. Since then, even more vulnerabilities have been discovered,.

By Brad Rosairo • 3 min read • Wed, 23rd Feb 2022

Stories from Other Regions

Foreign exchange (Forex) stories

Software-as-a-Service

Airwallex enters New Zealand with innovative payment solutions

Airwallex has launched in New Zealand, appointing Lowry Gladwell as its first local hire, aiming to provide Kiwi businesses with innovative payment solutions.

By Sean Mitchell • 3 min read • Thu, 27th Feb 2025

UK expansion

Atlys expands to UK with predictive visa technology

Atlys has launched its predictive visa technology in the UK, aiming to simplify the application process for millions of non-UK passport holders.

By Sean Mitchell • 3 min read • Fri, 7th Feb 2025

Fintech

Airwallex launches startup support programme in New Zealand

Airwallex has launched its 'Airwallex for Startups' programme in New Zealand, offering resources and a NZD $10,000 grant to support local entrepreneurs.

By Sean Mitchell • 2 min read • Tue, 19th Nov 2024

Digital Transformation

OpenPayd's annual recurring revenue tops GBP £40 million

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

By Melania Watson • 2 min read • Fri, 7th Jun 2024