If you’ve ever made an international payment through a traditional bank, you’ll know the challenges involved: high fees, slow processing times, and poor customer service – with regulatory ...

On July 27, the foreign exchange trading market (forex) settlement powerhouse CLS reported it was in the final stages of testing its blockchain payment service for banks. However, while the service is ...

NEW YORK/LONDON (Reuters) - Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and, with two others, were fined nearly $6 billion in another settlement in a ...

Explore how India's RBI is leveraging gold to diversify forex reserves and enhance economic stability amid global ...

Sending or receiving international payments through the banks is a challenge: it’s costly, slow, and compounded by complex regulations. A simple error, like choosing the wrong Balance of Payments (BoP ...

The new strategy of the Central Bank of Nigeria (CBN) to meet all legal demand for foreign exchange (Forex) has led Money Deposit Banks to contend with expending all the dollars in their possession. A ...

Last week, six of the largest banking groups in the world announced details of another round of settlement with regulators over their alleged manipulation of foreign exchange rates. The settlement, ...

The Central Bank of Nigeria (CBN) yesterday sanctioned 12 banks for manipulating its foreign exchange forex policies. It barred the banks from accessing forex from the newly instituted SMEs Forex ...

MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its ...

It's a challenge familiar to any company with regular forex exposure; how to hedge the multitude of micro transactions they need to do. And a solution has always proved elusive, until now. With the ...