Foreign exchange

221 articles tagged with this keyword

/markets

Stablecoin de-pegging to be probed by Ripple, Warwick Business School’s Gillmore Centre

The research is funded by the University of California, Berkeley’s Centre for Responsible Decentralized Intelligence, and will involve collaboration between Warwick’s own Dr Ganesh Viswanath-Natraj, Ripple Research, and the University Blockchain Research Initiative (UBRI), the $50 million research division of Ripple.

/ai

Grain raises $50m for AI-driven FX optimisation and hedging platform

Startup Grain has raised over $50 million to launch an AI-driven foreign exchange optimisation and hedging platform.

/crime

Cybercrime is national security risk – Google Cloud execs detail prevention strategies

Finextra spoke to leaders at Google Cloud: Nick Godfrey, senior director and global head, office of the CISO, and Jamie Collier, lead threat intelligence advisor (Europe), on how cybersecurity has evolved an what new threats are emerging in the financial crime landscape.

/ai

Standard Chartered launches AI-powered FX insight videos

Standard Chartered is using AI to create short videos giving its retail customers in Asia the latest foreign exchange insights.

/payments

TransferGo moves into B2B; launches multi-currency business account

Remittance network TransferGo has launched an account that lets global businesses based in the UK and EU hold, exchange, send, and receive multiple currencies.

/payments

Wells Fargo and Derivative Path bring global payments to regional banks

Wells Fargo is working with capital markets technology provider Derivative Path to boost the global payments capabilities available to regional and community banks.

/payments

Standard Chartered revamps FX payments suite

Standard Chartered has launched SC PrismFX, a broad suite of foreign exchange and payment services tailored to the specific needs of banks, PayTech's and corporate clients.

/wholesale

JP Morgan rebrands Onyx to Kinexys for blockchain charge

JP Morgan has rebranded its Onyx blockchain unit as Kinexys by JP Morgan as the banking giant prepares to bring the technology into mainstream financial services.

/markets

AFP: 2025 FX market trends and the impact of the US Election

Can a smaller FX and global payments provider compete against the large and regional banks when it comes to buying and sending foreign currency payments to suppliers overseas? “Absolutely,” said Monex USA CEO John Doyle.

/inclusion

Visa Foundation focused on empowering women entrepreneurs

Visa Foundation is supporting women in growing their small businesses and making them more resilient, increasing economic mobility and creating wealth for themselves.To learn more about the financial inclusion efforts made by the organisation, Finextra spoke to Najada Kumbuli, vice president and head of investments at Visa Foundation.

/payments

EBAday 2024: Navigating the oxymoron of cross-border real time payments

The second day of EBAday 2024 in Lisbon kicked off with exciting panel sessions discussing real-time payments.

/payments

EBAday 2024: Next steps in instant payments, regulation, and liquidity management

At EBAday 2024 in Lisbon, experts came together to address new innovations and exciting prospects for the future of banking in Europe.

/payments

Central banks to test FX settlement in wCBDC

The Bank for International Settlements (BIS) is launching Project Rialto to explore how instant cross-border payments could be improved using a modular foreign exchange component combined with settlement in wholesale central bank digital currencies (wCBDC).

/inclusion

IFC and SocGen’s Romania deal marks sustainable finance milestone

Societe Generale (SocGen) and the International Finance Corporation (IFC) have signed a Collaboration Framework Agreement to bolster sustainable finance in developing countries.

/payments

Checkout.com and Mastercard partner up to launch virtual cards for Online Travel Agents

Digital payments provider Checkout.com has announced its partnership with payments giant Mastercard to provide Online Travel Agents with virtual cards.

/payments

NextGen Nordics 2024: BNPL just has a bad rep

At NextGen Nordics 2024 in Stockholm, experts engaged in a lively conversation on Buy Now Pay Later (BNPL) in a panel session.

/markets

ECB ready to penalise UniCredit for continuing business in Russia - Reuters

The European Central Bank (ECB) is ready to impose sanctions on Italy’s UniCredit as the bank continues to participate in business with Russia.

/wholesale

Alpha Group to list on LSE main market

UK-based fintech consultancy Alpha Group is set to move its listing to the London Stock Exchange's (LSE) primary market as part of its expansion.

/payments

Top 5 payment stories you missed in January 2024

Fintech is a busy world and sometimes we miss out on the biggest stories. Here are some of the top stories we saw in January 2024.

/retail

Wise accuses high street banks of hidden exchange rate fees

For GBP to EUR, Wise reports that HSBC has the highest fee for exchange rates (3.7%), followed by Lloyds at 3.6%, Barclays at 2.75%, and NatWest, TSB and Santander all at 2.5%.