CMOtech UK - Technology news for CMOs & marketing decision-makers

Foreign exchange (Forex) stories

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Bilder taps xpate for instant card funding across borders

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Bilder integrates xpate's card top-ups to offer 24/7 instant multi-currency account funding for cross-border customers and businesses.
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Lightyear cuts FX fees to shake up UK broker market

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stock market
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financial literacy
Lightyear scraps commissions and slashes FX fees to 0.1%, escalating a price war among UK brokers as tax-year-end competition heats up.
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Bitget boosts Bitcoin reserves & unveils AI trading push

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crypto
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risk & compliance
Bitget's Bitcoin reserves jump 86% and net inflows hit USD $205.95 million as it launches AI trading tools and tokenised TradFi push.
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Seven influencers sentenced over illegal FX promos

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risk & compliance
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marketing
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instagram
Seven influencers with 4.5m Instagram followers were sentenced for pushing an illegal FX scheme in a case the FCA says should warn others.
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Swift banks back scheme for faster cross-border pay

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blockchain
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payment technologies
Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.
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Fintech must match tech progress with true inclusion

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digital transformation
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crypto
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fintech
Women in fintech say inclusion tech is advancing faster than culture, warning against hollow celebration while pushing for real structural change.
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Revolut seeks US bank charter & appoints new US CEO

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payment technologies
Revolut seeks a US national bank charter and names Cetin Duransoy as US chief, sharpening its push into regulated American banking.
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MSCI to acquire Compass to boost multi-asset indexes

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risk & compliance
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data management
MSCI is buying Compass Financial Technologies to deepen its multi-asset and crypto index capabilities and expand bespoke benchmark services.
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Ripple expands Ripple Payments with custody, collections

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crypto
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blockchain
Ripple expands Ripple Payments with new custody and collections tools as stablecoin-based cross-border settlement surges among institutions.
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Currenxie launches multi-currency SME account in UK

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crypto
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supply chain
Currenxie rolls out a UK multi-currency business account for SMEs, promising cheaper cross-border payments, FX and Visa Business cards.
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Incard gains UK EMI licence to expand fintech platform

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Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.
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Unhedged FX losses push corporates back to hedging

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risk & compliance
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cfo
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inflation
Unhedged FX hits UK firms for GBP £6.71m and US peers for USD $9.85m on average, spurring a renewed shift towards defensive hedging.
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TerraPay, Sabre expand instant cross-border payouts

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crypto
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fintech
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risk & compliance
TerraPay and Sabre have struck a multi-year deal to power instant cross-border bank payouts for travel agencies, airlines and hotels.
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Bitget unveils GracyAI avatar to guide crypto users

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crypto
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blockchain
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partner programmes
Bitget launches GracyAI, a chatty avatar of boss Gracy Chen to guide crypto users on strategy and mindset, not quick-fire price tips.
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Aspire & Antler join forces to target global startups

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fintech
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ai
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payment technologies
Aspire partners with early-stage investor Antler to capture global founders at inception, targeting a 2.3x jump in startup customers by 2026.
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Nium adds three C suite leaders to drive global growth

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blockchain
Nium strengthens global payments push with new chiefs for risk, technology and marketing as AI, stablecoins and regulation reshape the sector.
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Finteum hits USD $1bn weekly intraday FX swap trades

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fintech
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blockchain
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data privacy
Finteum hits USD $1bn in weekly intraday FX swaps as Goldman Sachs joins its liquidity platform and NatWest Group, UBS ramp up trading.
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monday.com grows on AI demand as large clients surge

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devops
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rpa
monday.com rides AI demand and larger clients to 2025 revenue of USD $1.23 billion, up 27%, with a 14% non-GAAP operating margin.
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Bitget, BlockSec unveil new security standard for UEX

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devops
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surveillance
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crypto
Bitget and BlockSec launch a UEX Security Standard, urging provable, system-wide safeguards for unified multi-asset trading platforms.
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Exactly.com links with GP Solutions on travel payments

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cx
Exactly.com and GP Solutions team up to embed streamlined payments into travel platforms, targeting simpler, cheaper options for smaller firms.