CFOtech Ireland - Technology news for CFOs & financial decision-makers
Ireland

Foreign exchange (Forex) Stories

Global Stories

Foreign exchange (Forex) stories

Bitget Q3 volume hits USD $1.86 trillion amid security push
Cybersecurity

Bitget Q3 volume hits USD $1.86 trillion amid security push

A security incident in September left user balances untouched as the exchange rebuilt its Protection Fund to more than USD $300 million.

By Karen Joy Bacudo • 3 min read • 3 days ago
Convera warns businesses to brace for FX swings in 2027
Risk & Compliance

Convera warns businesses to brace for FX swings in 2027

Businesses should prepare for wider currency swings in 2027 as competition for capital makes foreign exchange markets harder to predict.

By Karen Joy Bacudo • 4 min read • Last week
Crypto Finance tests instant bank transfers on Google Cloud
Risk & Compliance

Crypto Finance tests instant bank transfers on Google Cloud

The trial showed tokenised deposits can move money instantly between Swiss bank customers while settlement and liquidity stay under existing rules.

By Karen Joy Bacudo • 4 min read • Last week
Noah & Bitget Wallet launch virtual dollar accounts
Crypto

Noah & Bitget Wallet launch virtual dollar accounts

Users in 100 million wallets will be able to receive USD and EUR through bank rails and hold the funds as stablecoins inside the app.

By Karen Joy Bacudo • 3 min read • Last week
Orbital finds stablecoins cheaper than fintech rivals
Crypto

Orbital finds stablecoins cheaper than fintech rivals

The savings are often modest, with stablecoin FX matching institutional rates in many corridors and varying sharply by direction, provider and timing.

By Karen Joy Bacudo • 4 min read • Last week
Goldman Sachs names Capitolis chief among entrepreneurs
Fintech

Goldman Sachs names Capitolis chief among entrepreneurs

The honour underscores Capitolis's growing influence in financial markets technology and adds to Gil Mandelzis's two-decade record as a founder.

By Shadda Lie Catugal • 3 min read • Last week
Arf & Ripple bring RLUSD liquidity to XRPL payments
Fintech

Arf & Ripple bring RLUSD liquidity to XRPL payments

Payment firms could free up working capital as Arf's short-term RLUSD funding on XRPL targets delays in cross-border settlement.

By Karen Joy Bacudo • 4 min read • Last month
Mangopay expands local payouts to five more currencies
Fintech

Mangopay expands local payouts to five more currencies

Platforms can now avoid foreign exchange costs as the payment firm adds domestic rails for Australian, Hong Kong, Singaporean, Mexican and Turkish payouts.

By Karen Joy Bacudo • 3 min read • Last month
Trace Finance wins Grand Prix at 2026 Money Awards
Crypto

Trace Finance wins Grand Prix at 2026 Money Awards

The award highlights growing demand for regulated stablecoin infrastructure as Trace says it has handled more than USD $15 billion in cross-border volume.

By Karen Joy Bacudo • 4 min read • Last month
Bybit expands into stocks, payments and AI finance tools
Fintech

Bybit expands into stocks, payments and AI finance tools

The crypto exchange is now vying with brokers and fintechs as it adds access to more than 1,000 US stocks, ETFs and payment tools.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Foreign exchange (Forex) stories

Modulr launches FX tool as travel firms face hidden costs
Fintech

Modulr launches FX tool as travel firms face hidden costs

Many travel intermediaries still lack clear visibility over FX spending, with 88% saying their annual bill tops EUR 300,000.

By Karen Joy Bacudo • 3 min read • Last week
Owlting flags 15-fold growth in OwlPay Harbor payments
Crypto

Owlting flags 15-fold growth in OwlPay Harbor payments

Payment volume on OwlPay Harbor surged about 15-fold in six months as Owlting broadened its regulated cross-border network to more than 100 enterprise clients.

By Sofiah Nichole Salivio • 4 min read • Last week
Emerging markets show strong appetite for stablecoins
Crypto

Emerging markets show strong appetite for stablecoins

Inflation and currency weakness are pushing consumers in five emerging markets towards stablecoins, with 76% likely to use them for daily purchases.

By Karen Joy Bacudo • 4 min read • Last month
RemitBee & TerraPay expand wallet payouts from Canada
Fintech

RemitBee & TerraPay expand wallet payouts from Canada

Canadian small firms should get faster, cheaper overseas payouts as the partnership opens access to digital wallets in 156 countries.

By Karen Joy Bacudo • 4 min read • Last month
Kyndryl completes CLS data centre migration for FX trade
Disaster Recovery

Kyndryl completes CLS data centre migration for FX trade

The first settlement cycle in the new environment processed nearly 2 million FX trades worth more than USD $9 trillion, testing its resilience.

By Sofiah Nichole Salivio • 3 min read • Last month
iBanFirst data shows UK firms still reliant on dollar
SWIFT

iBanFirst data shows UK firms still reliant on dollar

UK firms on iBanFirst's platform still made 70% of international payments in dollars in early 2026, exposing them to exchange-rate swings.

By Karen Joy Bacudo • 3 min read • Last month
Convera names four executives to drive global platform
Fintech

Convera names four executives to drive global platform

The appointments support Convera's push to integrate cross-border payments, FX risk tools and multi-currency services for business customers.

By Sofiah Nichole Salivio • 3 min read • Last month
APAC's stablecoin future won't be defined by a single token
Payment Technologies

APAC's stablecoin future won't be defined by a single token

Asia-Pacific businesses are likely to use several stablecoins in one payment flow, as cross-border transactions still face slow settlement and fragmentation.

By Vincent Chok • 4 min read • Last month