The latest news from liquidity and risk management
Stay updated with real-time coverage of global trade developments, policy changes, and market movements affecting international commerce.
Circle to acquire Tazapay to expand global stablecoin payments infrastructure
- Circle Internet Group announced a definitive agreement to acquire Tazapay, a Singapore-based B2B cross-border payments infrastructure company serving payment service providers and financial institutions.
- The deal is expected to close in 2027, pending regulatory approvals including from the Monetary Authority of Singapore.
- Tazapay processes over $25 billion in annualized payment volume, with 60+ banking and fintech partners and local payout rails covering more than 100 markets.
- Approximately 60% of Tazapay’s transaction volume already involves stablecoins, supporting Circle’s goal to accelerate USDC adoption globally.
- The acquisition aims to enhance Circle’s ability to originate and terminate near-instant, 24/7 payments worldwide, advancing USDC as a default payment rail for cross-border commerce.
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Devanshee Dave
ITFA annual meeting returns, this year in Split, Croatia
ITFA annual meeting takes place in Split, Croatia, with keynote on geopolitical situation and defence financing priorities in Europe.
Carter HoffmanDBS and Citi completed the first successful USD cross-border payment between Singapore and the US over a weekend on 5 September 2026 using tokenised deposits via the Swift Digital Ledger.
Devanshee DaveSouth Korea’s National Pension Service (NPS) has suspended its foreign exchange hedging operations as the won strengthened to a near two-year high.
Devanshee DaveCanada’s retaliatory tariffs on hundreds of US products worth CA$27.6 billion took effect on Tuesday, with rates ranging from 15% to 50%, including on dairy, agricultural equipment, paper, household appliances, and electronics.
Devanshee Dave
TF COP 2026 Summit opens in Split, local currency solutions key to eliminating SME financing gap
TF COP 2026 addresses the SME trade finance gap through local currency solutions and development finance partnerships in Split, Croatia.
Deepesh Patel
BPL launches BPL Surety to support global guarantee requirements for corporates and financial institutions
BPL launches BPL Surety, a new business line offering global guarantee solutions as an alternative to traditional bank guarantees and standby letters of credit.
Devanshee DaveThe European Bank for Reconstruction and Development (EBRD) has extended a €25 million equivalent revolving factoring facility in Serbian dinars to UniCredit Serbia under its Trade Facilitation Programme.
Devanshee DaveIndia’s foreign exchange reserves reached a record $740.8 billion as of August 28, 2026, driven by $136 billion in foreign-currency inflows attracted through special Reserve Bank of India (RBI) schemes.
Devanshee DaveNorges Bank Investment Management has proposed reducing government bond exposure in its benchmark bond index from 70% to 50%, with US Treasuries facing the largest cut.
Devanshee Dave
How volatile financial conditions influence availability and impact trade levels: Insights from IFC-WTO joint research
IFC-WTO research shows how global financial volatility impacts trade finance availability and trade volumes in emerging economies.
Devanshee DaveThe European Bank for Reconstruction and Development (EBRD) is granting a senior loan of up to €25 million to TradeAgra and affiliated companies within the TBF Holding Group, a leading privately owned agricultural commodity trader in Kazakhstan.
Devanshee DaveXTransfer has received in-principle approval from the Central Bank of the UAE for a Retail Payment Services Licence, advancing its global regulatory expansion and presence in the Middle East.
Devanshee DaveVision Bank, an ADGM-based Islamic bank owned by GII Group, has launched a short-term SME trade finance proposition focused on supporting cross-border trade flows.
Devanshee Dave
BNP Paribas and HSBC complete first live corporate treasury payment for Siemens using Swift’s ledger
BNP Paribas and HSBC complete first live corporate treasury payment for Siemens using Swift's ledger technology for cross-border payments.
Devanshee DaveAt a G20 finance ministers’ meeting, all members except China supported measures to address “non-market” policies that cause over-reliance on exports and hinder growth in other countries.
Devanshee DaveThe Bank of Canada maintained its key interest rate at 2.25% for the seventh consecutive time, citing ongoing uncertainty from rising trade tensions and renewed hostilities in the Iran war.
Devanshee DaveTwenty-one leading international financial institutions announced plans to establish a new company in the second half of 2026 to support the issuance of a USD-denominated stablecoin, with future expansion to other G7 currencies, including the euro.
Devanshee Dave
BAFT releases comprehensive sustainability guidelines for transaction banking
BAFT releases trade finance sustainability guidelines to address the 2.5 trillion dollar global gap and support UN Sustainable Development Goals.
Devanshee Dave
Singapore and Indonesia launch local currency transaction framework to boost bilateral trade
Singapore and Indonesia operationalise a local currency transaction framework to settle bilateral trade in rupiah and Singapore dollar.
Devanshee Dave