Latest Foreign exchange News: Finextra Research

JPMorgan Chase expands into Dubai

JPMorgan Chase is planning to expand in Dubai as part of a push to collaborate with more Middle Eastern businesses.

14 November 2025

Central banks of England, Thailand and Singapore to explore synchronised FX settlement

The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand have joined together to explore the technical and policy implications of settling tokenised foreign exchange (FX) transactions using synchronised settlement mechanisms.

13 November 2025

News/Sibos

BNY executives on combatting CX fragmentation and integrating AI

At Sibos 2025 in Frankfurt, Finextra spoke to BNY executive platform owner of payments platform Isabel Schmidt, and executive platform owner for treasury services Carl Slabicki, on everything AI, blockchain, and cross-border.

31 October 2025

News/regulation

China probes Qualcomm for antitrust violation

US semiconductor manufacturer Qualcomm is under investigation in China for allegedly breaching antitrust laws for its acquisition of Autotalks.

10 October 2025

News/payments

Wise to launch travel card in India

UK-based fintech Wise has continued its push into the Indian market with the planned launch of what it claims is the Asian nation's first 'travel' card.

09 October 2025

News/Sibos

Sibos 2025: AI, quantum, CBDCs, tokenised assets and stablecoins to lead the agenda

In the opening plenary of Sibos 2025 in Frankfurt, executives at Swift and leading German banks Deutsche Bundesbank and Deutsche Bank introduced the themes of the conference and what can be accomplished on ‘the next frontier of global finance’.

29 September 2025

News/devops

People's Bank of China opens digital yuan operation centre in Shanghai

On Thursday, the People’s Bank of China (PBOC) opened a digital yuan (e-CNY) international operations centre in Shanghai, in a move to drive CBDC innovation.

26 September 2025

News/startups

Nvidia invests £2 billion into UK AI ecosystem including Revolut, Nscale - Bloomberg

Nvidia Corp has pledged £2 billion to fund AI innovation and development in the UK, investing in AI companies, fintech firms, and startups.

19 September 2025

News/regulation

FTC Chair warns US big tech on complying with UK and EU online safety acts

US Federal Trade Commission Chairman Andrew Ferguson warned American tech giants against complying with the UK and EU’s new digital content laws to avoid violating US data protections.

22 August 2025

News/payments

Sainsbury's sells travel money business to Fexco

UK supermarket group Sainsbury's is offloading its travel money business to Ireland's Fexco. Financial terms were not disclosed.

05 August 2025

News/retail

Brazil's QI Tech hunts acquisitions after $63m raise

Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.

01 August 2025

News/payments

Corpay agrees $2.2bn Alpha Group takeover

Corporate payments outfit Corpay has agreed to buy British peer Alpha Group for $2.2 billion in cash.

23 July 2025

News/crypto

Standard Chartered launches bitcoin spot trading

Standard Chartered has become the first global systemically important bank to offer digital asset spot trading to institutional clients.

15 July 2025

News/markets

Lloyds and Aberdeen Investments use tokenised collateral for FX trades

In a UK-first, Lloyds Banking Group and Aberdeen Investments have used tokenised real-world assets as collateral for foreign exchange trades.

15 July 2025

News/markets

Trump says tariff rates could be up to 70% as letters ship out

As the 9 July tariff deadline looms, US President Donald Trump has said that rates could be up to 70% for certain counties.

04 July 2025

News/payments

Tensec raises $12m to become Stripe for global trade

Tensec, a startup founded by ex-Rapyd, Meta, and Goldman Sachs executives, has raised $12 million in seed funding to take on the $190 trillion B2B cross-border payments market.

18 June 2025

News/markets

Osttra, Baton and Partior expand FX settlement ecosystem with tokenised commercial bank funds

Partior’s digital cash settlement network has connected to Osttra and Baton Systems' on-demand FX payment-versus-payment (PvP) settlement service.

17 June 2025

News/markets

Money 20/20: A spotlight on the fintech reopening access to African markets

At the start of Covid, large Fortune 500 companies began to leave the African financial markets, citing too much illiquidity and uncertainty. One Ireland-based startup, featured on this year’s Money 20/20 ‘Startup Spotlight’ session, built a solution.

05 June 2025

News/regulation

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