Foreign exchange (Forex) stories
Clients could soon move and settle funds across card, fiat and stablecoin rails through a single Thredd platform, reducing prefunding needs.
London's place on the list slipped as currency moves and housing costs reshaped expat budgets across 208 cities worldwide.
Only 10% of lenders have stablecoins in production, as most still face regulatory and infrastructure hurdles, a RedCompass Labs survey found.
The rollout aims to cut merchants' cross-border costs and speeds by automating onboarding, compliance, FX and treasury workflows with AI.
Australian businesses trading across Asia Pacific may gain faster, clearer cross-border payments as Sokin builds a local leadership team.
A wider customer base and new cross-border fees are in Nu's sights as it begins serving US savers and international payers.
Businesses can now confirm account ownership before sending payments, with Shufti's tool covering more than 70 countries and easing fraud checks.
Businesses can now separate currency trades from payouts, as the new service lets them hold converted funds for later use amid volatile exchange rates.
Serrala customers can now process cross-border payables inside one platform, reducing manual hand-offs for more than 2,800 organisations.
In emerging markets, users are increasingly treating crypto wallets as everyday money tools, with stablecoins helping fill costly gaps in payments.
The tie-up could lift card approval rates and cut foreign exchange costs as the hotel group expands across 67 countries.
Conditional approval from US regulators brings Revolut closer to offering loans, cards and FDIC-insured deposits to American customers by 2027.
Platforms adding more payment providers can now centralise reconciliation and payouts, cutting manual work after customer payments clear.
Businesses in Southeast Asia can now pay staff in up to 16 currencies from JustLogin, cutting payroll delays and compliance headaches.
Mandala Partners says the payments platform's customers supported 29,000 jobs and lifted small-business productivity as exports surged sixfold.
Regulatory approvals and new clearing links could let the Indian payments group handle a wider share of overseas remittances and trade flows.
UK students could soon split tickets, taxis and shared costs inside one app as ZYMIX embeds Mangopay's wallet infrastructure from launch.
Customers now get faster follow-up on currency and remittance enquiries as GlobalPay links 12 channels with sales tools on one platform.
Australia's wealth managers now face pressure to rebuild custody and distribution systems as tokenised assets move under the same law as other holdings.
Aiming to lure overseas capital, the country's six-year plan also targets 5,000 trained specialists and fresh cross-border payment links.