The difference between onshore and offshore RMB (CNY & CNH) – and why it matters
Knowing the differences between the domestic RMB and the offshore RMB will be a financial benefit for businesses of all sizes.
Wizz Financial receives FCA approval to acquire UAE Exchange UK
Global fintech company Wizz Financial, has received approval from the UK’s FCA to complete the acquisition of UAE Exchange UK Limited.
Revolut Business moves closer to borderless accounts and introduces fee-free USD transfers to its UK customers
Revolut has moved one step closer to borderless accounts by offering US bank details to its UK business customers.
Open Banking can be a game-changer for UAE’s crypto adoption
Open Banking can scale back the friction with on-ramping and subsequently improve crypto adoption in the UAE.
CurrencyFair launches in the U.S.
Zai is has announced the launch of its CurrencyFair personal money transfer service in all 50 states in the USA.
DTCC building industry’s first prototype to support digital U.S. currency in the clearing & settlement process
The DTCC announce the development of the first prototype to explore how a CBDC might operate in the U.S clearing and settlement infrastructure.
Revolut to offer payment services to Ukrainian refugees displaced by the invasion
Financial superapp Revolut is offering payment services to all refugees, regardless of nationality, fleeing Ukraine following the Russian invasion.
UK crypto payments platform Wirex expands its services to the U.S.
UK fintech Wirex has launched its services in the US, giving millions of people access to crypto and fiat currencies in everyday life.
