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Airwallex
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Summary
location iconMelbourne, Australia
website
company sizeCompany size: 501-1000

Airwallex is a financial technology digital banking and payments platform designed to better enable global commerce through financial infrastructure to scale the digital economy.

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Digital Services
Commercial Banks
Services Payments FinTech
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Airwallex - Recent News & Articles

PE-Backed Firms Suffering Higher Default Rates, Moody’s Says

Companies owned by private equity firms are landing in default more frequently than other speculative-grade borrowers, according to a report from Mood...

China kicks off 500 bln yuan swap facility to aid stock market

China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initia...

Source: Reuters
Banks to join SWIFT digital asset trials in 2025

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its forthcoming digital currency trials in 2025. Banks i...

A Tale of Two Consumers

The Impact of Two Consumer Classes and the Fed Funds Rate Outlook

China’s Bold Stimulus Measures Won’t Save Its Flagging Economy

After months of business leaders and economists urging action, the People’s Bank of China (PBoC)—the central bank of the world’s second biggest econom...

Source: Time
PayPal lets US business accounts buy and sell crypto

PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal busin...

Source: Finextra
US Department of Justice files civil antitrust lawsuit against Visa

The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa over allegations of “monopolisation and other unlawful conduct in ...

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into th...

Source: CNBC
Klarna uses AI to reduce employee numbers

Finance and payments company Klarna says it has reduced hundreds of jobs and sees more reductions coming due to its implementation of AI. The Swedish ...

Ally Financial warns of 'intensifying' credit challenges, shares slump

Ally Financial's credit challenges have intensified over the current quarter as borrowers struggled with high inflation, the consumer lender's finance...

Source: Reuters