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Foreign exchange (Forex) Stories - Page 7

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Foreign exchange (Forex) stories

OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • Tue, 2nd Jun 2026
Gartner Australasia profit dips as costs rise in 2025
IT services

Gartner Australasia profit dips as costs rise in 2025

Higher costs and a marginal revenue decline left Gartner Australasia with AUD $13.3 million pre-tax profit in 2025, down from AUD $14.0 million.

By Karen Joy Bacudo • 3 min read • Mon, 1st Jun 2026
Vitesse warns of insurance finance infrastructure gaps
Digital Transformation

Vitesse warns of insurance finance infrastructure gaps

Disconnected payments and data systems are slowing claims settlement and trapping capital across insurance finance operations, the paper says.

By Karen Joy Bacudo • 4 min read • Sat, 30th May 2026
xBratAI launches in Asia-Pacific, seeks broker ties
Fintech

xBratAI launches in Asia-Pacific, seeks broker ties

Retail traders in Asia-Pacific could gain direct broker-linked alerts as xBratAI begins talks with partners in Hong Kong and beyond.

By Mark Tarre • 4 min read • Fri, 29th May 2026
Companies boost FX hedging as currency losses mount
Risk & Compliance

Companies boost FX hedging as currency losses mount

Unhedged currency swings still cost firms nearly GBP £1 million each, as finance teams lift protection to the highest levels in over a year.

By Karen Joy Bacudo • 3 min read • Thu, 28th May 2026
Bitget launches Reality for tokenised US stocks & ETFs
Fintech

Bitget launches Reality for tokenised US stocks & ETFs

Eligible users will gain round-the-clock access to selected US shares and ETFs as Bitget pushes deeper into tokenised traditional assets.

By Karen Joy Bacudo • 4 min read • Thu, 28th May 2026
Binance names Jenny Wei Australia & New Zealand manager
Crypto

Binance names Jenny Wei Australia & New Zealand manager

The hire signals Binance's push to tighten compliance and local oversight in Australia and New Zealand, where regulators are scrutinising crypto firms.

By Karen Joy Bacudo • 4 min read • Thu, 28th May 2026
Nium & Circle link USDC to payouts in 190 countries
Fintech

Nium & Circle link USDC to payouts in 190 countries

Financial institutions could move money faster and cut prefunding as the tie-up links USDC settlement to payouts in more than 190 countries.

By Karen Joy Bacudo • 4 min read • Thu, 28th May 2026
Marqeta expands European payments reach with Banking Circle
Fintech

Marqeta expands European payments reach with Banking Circle

Businesses across Europe will gain virtual accounts and multi-currency payments as the tie-up helps Marqeta meet local rules in 30 new markets.

By Karen Joy Bacudo • 3 min read • Wed, 27th May 2026
RedotPay adds USD account to multi-currency wallet
Fintech

RedotPay adds USD account to multi-currency wallet

Users can now hold dollars in RedotPay's wallet and move them into stablecoins for spending or cross-border transfers without leaving the app.

By Karen Joy Bacudo • 3 min read • Mon, 25th May 2026
Variational raises USD $50 million to launch RWA markets
Fintech

Variational raises USD $50 million to launch RWA markets

Traders can now access on-chain perpetuals on gold, silver, copper and crude as the platform seeks to solve thin liquidity in RWA markets.

By Karen Joy Bacudo • 3 min read • Thu, 21st May 2026
Looking to Ireland for the CFO tech stack of the future
Data Protection

Looking to Ireland for the CFO tech stack of the future

Irish fintechs are helping finance chiefs cut costs, speed up funding decisions and ease compliance across capital, accounting and payments.

By Tiarnan McCaughan • 4 min read • Mon, 18th May 2026

Stories from Other Regions

Foreign exchange (Forex) stories

Kiwi travellers spent NZD $700m on hidden overseas costs
Fintech

Kiwi travellers spent NZD $700m on hidden overseas costs

Hidden fees and loose budgeting left New Zealanders more than NZD $700 million out of pocket on overseas trips last year.

By Joseph Gabriel Lagonsin • 4 min read • Tue, 2nd Jun 2026
Afterpay NZ profit more than triples on BNPL growth
Fintech

Afterpay NZ profit more than triples on BNPL growth

Higher buy now, pay later income lifted Afterpay NZ's annual profit to NZD $3.5 million, despite a sharp rise in credit losses.

By Karen Joy Bacudo • 3 min read • Mon, 1st Jun 2026
MPC Markets selects HeirWealth Atlas for reporting
Software-as-a-Service

MPC Markets selects HeirWealth Atlas for reporting

Advisers at MPC Markets will get a single view across multi-broker, multi-currency holdings as the firm automates client review packs.

By Mark Tarre • 4 min read • Fri, 29th May 2026
Bank of America joins CLS cross currency swap service
Risk & Compliance

Bank of America joins CLS cross currency swap service

CLS's payment-versus-payment model could cut counterparty exposure and funding strain as major banks handle record FX swap volumes.

By Karen Joy Bacudo • 4 min read • Fri, 22nd May 2026
Ebix eyes 20% growth in India's insurance tech push
Fintech

Ebix eyes 20% growth in India's insurance tech push

Expansion into insurance infrastructure could lift Ebix's India growth above 20% a year as it localises global platforms for the market.

By Karen Joy Bacudo • 3 min read • Wed, 20th May 2026