Foreign exchange (Forex) stories - Page 2

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.

Revolut has launched a feature enabling New Zealand customers to open local EUR accounts, enhancing transaction efficiency and currency management.

NTT DATA has adopted Luminance's Legal-Grade AI to streamline legal processes across Europe, enhancing contract negotiations and minimising risk.

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

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

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

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

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

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

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

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

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.

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

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.

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

London-based fintech, TRIVER, secures £20m in funding to revolutionise SME access to finance through Open Banking and AI.

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

Rugby Australia will be able to gain access to and utilise Corpay's solutions to help mitigate its foreign exchange exposure.

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

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