Currencies stories

Devexperts has upgraded its DXtrade XT platform to support multi-currency trading, enabling brokers to expand into international markets and trade in various currencies.

Deel and Carta unveil a pioneering partnership to streamline global equity management, simplifying complex tax compliance and easing stock option exercises for international employees.

Tiger Brokers, celebrating a decade in business, launches 24-hour trading in US stocks and ETFs for New Zealand investors.

Kyriba's Q4 2023 report highlights a $95bn total currency impact on revenues of 1700 public North American and European companies.

Lendtech platform Finyoz partners with multi-currency specialists Currencycloud, aiming to modernise supply chain financing through innovative solutions.

ManageEngine's cloud cost management tool, CloudSpend, is now on Google Cloud Platform, enhancing cost optimisation across key cloud computing platforms and aiding businesses in cloud expenditure tracking.

ManageEngine extended its cloud cost management tool, CloudSpend, to Google Cloud Platform, after earlier support for AWS and Microsoft Azure.

Investors worldwide are closely observing the coming Bitcoin 'halving', an anticipated event that will halve the miners' reward. This could possibly influence the cryptocurrency's economic impact by mimicking precious metal scarcity dynamics.

Ripple unveils plans to launch a stablecoin, fully backed by US dollar reserves, aiming to bridge the gap between traditional finance and cryptocurrency markets.

Adelaide Oval sets Australian precedent as the first major sports stadium to allow cryptocurrency payments, enabled by Crypto.com and DataMesh's innovative payment solution.

Rogue Russian hackers crippled The British Library's operations, pushing the respected institution into the pre-digital age through a malicious ransomware attack, sparking months of system rebuilding efforts.

Fintech firms Paysend and Currencycloud expand partnership, aiming to extend Paysend's global services and boost its foreign exchange capabilities, potentially benefiting customers worldwide.

Financial crime compliance costs have soared, driven by increased regulations, technology costs, and ongoing battles against evolving financial crimes.

JBL launches JBL Land, a unique immersive world on Roblox, blending music, gaming, and creativity to engage a new generation of audio lovers with personalised sound experiences.

Bitcoin's value has soared past $72,000 for the first time ever, fueled by increased acceptance of the cryptocurrency by influential financial institutions and the anticipation of the upcoming halving event.

Financial crime compliance costs in Australia have soared beyond AUD $5 billion, with 98% of institutions reporting a rise, driven largely by increasing technology and labour costs.

BEPS Pillar Two has firms grappling with data management and understanding specifications for tax reforms due to its intricate criteria for tax calculations across international borders.

UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.

The gaming industry must increase cybersecurity efforts amid growing threats; risks include data theft and game manipulation, leading to financial losses and a decrease in public trust, says Mindera's Gaming lead, Teresa Matos.

Currencycloud secures In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore, bolstering its Asia Pacific services.

UnaFinancials predicts a twofold increase in Southeast Asia's fintech firms by 2027, driven by a robust super-platform economy, supportive regulations and favourable economic conditions.

Zoom's fiscal year 2024 report reveals a 3.1% YoY rise in revenue, bolstered by growth in enterprise revenue and a successful launch of their AI digital assistant.

Bitcoin hits an all-time high against the NZD, nearing a similar historic landmark in USD, amid burgeoning global interest in the cryptosphere.

Ransomware gangs increase pressure on victims by implementing ruthless extortion techniques enabled by the proliferation of cryptocurrencies and AI.