Latest Foreign exchange News: Finextra Research

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

Company update/payments

Okoora and DashDevs partner on embedded FX infrastructure for fintechs

The Okoora DashDevs partnership brings together a powerful embedded FX infrastructure that will help fintechs make cross-border payments easier.

08 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

Company update/markets

CME Group to launch FX Tape+ to centralize FX price discovery

CME Group, the world's leading derivatives marketplace, today announced that it will launch CME FX Tape+ to provide centralized reference prices and a comprehensive view of FX market liquidity from its transparent central limit order book (CLOB) marketplaces, including FX futures, EBS Market, FX Spot+‌ and FX Link. FX Tape+ is set to launch later this year.

30 June 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

Company update/payments

ABN Amro joins CLSSettlement

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that ABN AMRO has re-joined CLSSettlement as a settlement member effective May 5.

16 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

Company update/markets

BME showcases new FX settlement system

BME has presented today, at an event held at the Madrid Stock Exchange Palace, its new foreign exchange transaction settlement system in payment versus payment mode (FXS), which recently received approval from the Bank of Spain.

03 June 2025

Company update/payments

Lloyds to release FX execution algorithm in partnership with BNP Paribas

Lloyds today announced a partnership with BNP Paribas to offer its corporate and financial institution clients access to market-leading FX Execution Algorithms (EAs).

03 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

Company update/wholesale

Ant Financial partners with Barclays for treasury management

Ant International has entered a partnership with leading UK bank Barclays to enhance efficiency and resilience in global treasury management for businesses.

12 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

Company update/markets

IFX Payments reaches agreement in principle to acquire Argentex Group

Today, alternative banking partner IFX Payments announces they have reached an agreement in principle to acquire Argentex Group PLC, a publicly listed FX options and electronic money institution, bringing together two established players in the UK Payments and FX space.

25 April 2025

Company update/payments

Cross-border payments firm Altery partners with UnionPay to offer payment solutions in UK

Altery Ltd, a UK ﬁntech startup, is excited to announce its partnership with UnionPay International as a principal member, following the ofﬁcial approval on September 13th, 2024.

25 April 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