Fintech News
Cash Holds Its Ground in the Euro Area Even as Mobile Payments Surge
ECB survey shows 92% cash acceptance in the euro area even as mobile payments nearly double since 2024. USD/EUR at 0.8632.
Federal Judge Blocks Visa Suspension Covering 75 Countries, Restoring Cross-Border Flows
Judge strikes down visa suspension for 75 countries as dollar trades at 0.8562 EUR, 95.70 INR — what it means for cross-border transfers.
U.S. Agents Using Flight Manifests to Detain Visa Overstays — and Airlines Are Pushing Back
Federal agents are mining airline manifests to detain lapsed-visa travelers. Airlines object. Here's what it means for international travel and FX flows.
Standard Chartered-Backed 'Ethical' Fintech Leader Had $2.75bn Arms Fund Ties
A Standard Chartered-backed 'people and planet first' fintech leader previously sought a $2.75bn weapons fund with a Wirecard fraudster and spy.
Trump's Student Visa Cap Threatens a $40 Billion U.S. Export
New Trump rules limit foreign student visa stays, threatening $40B in U.S. university revenue. USD/INR at 96.64, USD/CNY at 6.78.
Stripe and Advent's $53 Billion PayPal Bid Could Reshape Global Payments
Stripe and Advent International have made a $53bn bid for PayPal. Here's what the deal means for cross-border payments and currency conversion.
UK-Switzerland Professional Visa Deal Opens Cross-Border Work Corridor
UK and Switzerland grant lawyers and accountants 90-day visa-free work rights. GBP at 0.7491/USD, CHF at 0.8147/USD as deal removes cross-border friction.
Revolut Drops Remote-First Policy for Graduate Hires
Revolut mandates office attendance for graduate employees, reversing its remote-first culture as fintech firms follow banks back to the office.
Albania's 'Flamingo Revolution' Puts the Lek Under the Microscope
Tens of thousands protest in Albania's 'Flamingo Revolution.' The lek trades at 82.44 per dollar. Here's what political risk means for the currency.
Visa Opens Its Network to AI Agents Through Alchemy's AgentCard
Alchemy's AgentCard gains Visa network access, letting AI agents book travel and manage subscriptions. Here's what it means for cross-border spending.
China's Digital Payment Push Arrives as Dollar Reserves Hit Historic Low
China accelerates a digital payments network to bypass the dollar as USD reserve share falls below 45% for the first time since 2020.
Federal Judge Blocks Trump's $100,000 H-1B Visa Fee — What It Means for the Dollar
A federal judge blocks Trump's $100,000 H-1B visa fee. Here's what it means for USD remittance flows and dollar-linked currency pairs.
