Foreign Exchange

Citi teams up with Ant to improve airline FX solutions

Citi teams up with Ant to improve airline FX solutions

The Falcon TST Model can predict future data points by learning patterns using AI.
4 minutes ago

China and Egypt strengthen cooperation on settlements, CBDCs

They are enhancing cooperation in local currency settlement.
4 days ago

SMBC commences simplified foreign currency remittances in China

It is currently available in five of its branches in China.

Citi names Nathan Swami as head of markets for Singapore

Smith Smithangura is retiring by the end of June 2025.

Lloyds, BNP Paribas launch new FX algorithmic execution service

Clients are expected to execute large FX trades more efficiently.

Barclays integrates Ant Int’l model to FX hedging platform

Ant Interntional has completed the first batch of intra-group FX transactions with Barclays.

J.P. Morgan unveils automated cross-currency payment collection and settling service

It allows invoice and collection in one currency, and payment setting in another.

Revolut rolls out five new currencies including Chinese Yuan

Users can now hold and exchange 39 different currencies directly in-app.

Japan, India renew bilateral swap agreement

The size of the BSA remains unchanged at $75b.

Indonesia, Thailand, Malaysia harmonise local currency transaction framework

Portfolio investments are now part of the eligible cross-border transactions.

BSP welcomes the Philippines' removal from AML/CFT grey list

The central bank said that it has strengthened its AML/CFT regime.

Krungsri teams up with food manufacturers to launch green FX program

Customers who achieve predefined ESG targets can get reduced costs.

Standard Chartered unveils cross-currency transaction FX solution

It offers competitive FX pricing and an automated FX payment service.

Wise raises money transfer limits, lowers global average fee

Transfer limits to WeChat recipients is now at RMB50,000.

StanChart unveils cross-currency transactional FX solutions suite

It offers FX payment services across 130 currencies in over 40 markets.