Latest Foreign exchange News: Finextra Research

EBAday 2025: Building the banking ecosystems of the future

Wolfgang Ehrmann, chairman of the board, Euro Banking Association (EBA), kicked off EBAday 2025 in the historic Louvre in Paris with a welcome statement. Ehrmann reflected that today marks the 20 year milestone of EBAday as well as the fortieth anniversary of the EBA, and highlighted the event’s growth to over 1,400 experts in Paris today.

27 May 2025

News/startups

OpenFX raises $23m to bring real-time settlement to cross-border payments

Foreign exchange infrastructure company OpenFX has emerged from stealth with $23 million in funding led by Accel.

26 May 2025

News/payments

Barclays deploys Ant International's FX forecasting model for global treasury management

Barclays Bank is to use Ant International's proprietary Time-Series Transformer (TST) AI FX Model, to help businesses reduce FX-related costs and risks against global volatilities.

07 May 2025

News/people

Citi hires former US trade representative Robert Lighthizer to advise on tariff implications

Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.

02 May 2025

News/payments

EU central banks explore synchronised settlement in FX

The Bank for International Settlements and its central bank partners have successfully demonstrated how wholesale payment infrastructures, such as RTGS systems, can interoperate with each other for FX transactions via new technologies, such as distributed ledgers.

25 April 2025

News/payments

Standard Chartered becomes first bank to join the Temenos partner programme

Standard Chartered has embedded its FX API service on the Temenos Exchange ecosystem, becoming the first bank to join the core banking vendor's partner programme.

24 April 2025

News/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.

21 March 2025

News/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.

06 March 2025

News/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.

28 February 2025

News/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.

07 February 2025

News/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.

04 February 2025

News/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.

28 January 2025

News/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.

21 January 2025

News/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.

06 November 2024

News/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.

23 October 2024

News/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.

28 June 2024

News/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.

19 June 2024

News/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.

19 June 2024

News/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).

04 June 2024

News/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.

03 May 2024