China’s Cosco Shipping will test out Ant Blockchain from Alibaba’s Ant Financial in an effort to simplify its business, Coindesk reported Wednesday (July 8). The...
After selling up to $20 million in U.S. cash to banks to trade on a new forex interbank market, Zimbabwe’s central bank is now running...
Regulatory changes, particularly those in Europe, are making it an interesting time for companies to be in the forex and money exchange businesses. “They’re dealing...
American Express, the payments company, is facing allegations that it would lure foreign exchange business clients its way by offering them low rates to convert...
Chinese regulators have capped overseas withdrawals using Chinese bank cards at Rmb100,000 per year. The new cap effectively functions as a gate that closes one of...
Shougang Group, a state-owned steel company in China, is reportedly on the hunt for assets to purchase that are outside of its main business and...
China’s Forex regulator wants the nation to open up its domestic market, reports said Friday (Mar. 3). An article in a publication owned by the...
For weeks now, analysts have warned that the U.K.’s dominance in FX trading is waning. Now, for the first time in more than a decade,...
PayPal has only recently launched its B2B payments services through a few partnerships aimed at facilitating invoice payments. Now, the company is taking a solo...