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.
Afriex strengthens global payments infrastructure with Global Innovations Bank partnership
- Afriex announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB) to support its B2B Payments API, enhancing settlement speed, regulatory coverage, and Global USD Account access.
- Afriex processes over $600 million in annual payment volume and serves remittance providers, payroll companies, ecommerce platforms, fintechs, banks, and other financial institutions across more than 35 countries.
- The partnership with GIB complements Afriex’s existing banking relationships with Choice Bank in Kenya and United Bank for Africa in Nigeria, building a global banking network combining local expertise with international settlement capabilities.
- This network enables businesses to move money seamlessly across emerging markets without building local infrastructure.
- GIB will provide faster settlement, expanded regulatory support, and operational resilience as Afriex’s transaction volumes grow, while laying the foundation for future treasury, foreign exchange, and global account services.
- The partnership became effective in Q2 2026 and advances Afriex’s strategy to become the financial infrastructure layer for cross-border payment products worldwide.
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Afriex announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB) to support its B2B Payments API, enhancing settlement speed, regulatory coverage, and Global USD Account access.
Devanshee DaveDevanshee DaveViaservice-Ke, a subsidiary of Switzerland-based Viatrans SA, has partnered with Maersk to offer Viaservice Container Solution (VCS), a digital trade financing platform for Kenya’s logistics sector.
Devanshee DaveThe US Senate approved a two-year extension of AGOA, allowing eligible sub-Saharan African countries to maintain duty-free access to the US market until December 2028.
Devanshee Dave
RBC and BMO sell Moneris to Francisco Partners for $2 billion, ending 25-year joint venture
RBC and BMO sell Moneris payment processor to US private equity firm Francisco Partners for $2 billion, ending their 25-year Canadian joint venture.
Carter Hoffman
Bank of America launches $250 billion critical infrastructure finance initiative to support US development
Bank of America launches $250 billion infrastructure finance initiative to support US digital, energy and core infrastructure development from 2026 to 2027.
Devanshee Dave
Polygon Labs joins NOBO Finance and Dun & Bradstreet in phase 2 of the Bank of England’s Digital Pound Lab
Polygon Labs joins NOBO Finance and Dun & Bradstreet in Phase 2 of the Bank of England's Digital Pound Lab, testing cross-border settlement between stablecoins and digital pound.
Devanshee DaveGeneral Motors has arranged a purchasing facility worth up to $4.5 billion with Procura Auto Parts, a company specialising in sourcing rare or critical automotive parts.
Devanshee DaveAustralian Prime Minister Anthony Albanese and Vietnam’s leader To Lam agreed to strengthen defence and security engagement, including efforts to counter transnational organised crime and people smuggling.
Devanshee DaveDECTA has selected OpenPayd to strengthen its international treasury capabilities using OpenPayd’s regulated, rails-agnostic infrastructure for faster and more efficient operational settlement.
Devanshee DaveDeutsche Bank has been designated by the People’s Bank of China as a Renminbi (RMB) clearing bank for Europe, operating from Frankfurt to provide direct processing, clearing, and settlement of cross-border RMB transactions.
Devanshee DaveAfreximbank signed a EUR 110 million facility agreement with the government of Chad to support trade-enabling infrastructure projects approved under Chad’s 2026 Finance Law.
Devanshee DaveThe International Finance Corporation (IFC) is proposing an unfunded trade finance facility of up to $250 million for Banco Bradesco S.A. under its Global Trade Finance Program (GTFP).
Devanshee DaveSIDBI and MonetaGo announced the go-live of MonetaGo’s Secure Financing system on SIDBI’s GST-Sahay Invoice-Based Financing Platform following a successful pilot. The deployment enables SIDBI to validate invoices financed through TReDS and other factoring platforms, including SBI Global Factors and India Factoring, enhancing secure and…
Devanshee DaveThe Trump administration has refunded about $100 billion in tariffs following a Supreme Court ruling that struck down a wave of duties imposed under the International Emergency Economic Powers Act.
Devanshee Dave
FIS launches Digital One™ Commercial in APAC, completes global rollout
Devanshee DavePaymentWorks introduced Payee Profile, a standardised, reusable credential that helps businesses manage tax, banking, and compliance information required for payments.
Devanshee DaveOn 5 August, the ICC Digital Standards Initiative, Teesside University, and the Asian Development Bank hosted a working session on the Trade Document Object (TDO) consultation, now open on the Digital Trade Navigator.
Devanshee Dave
ICC renames Trade Register to Global Trade Intelligence Report to reflect broader scope
ICC has renamed the Trade Register as the Global Trade Intelligence Report, reflecting a broader focus on trade finance data, market insights and risk analysis for the global trade community.
Devanshee Dave
EVelution Energy secures increased financing support from EXIM: What it means for the US’ critical mineral space?
EVelution Energy secures increased US$275 million EXIM financing for Arizona cobalt processing facility supporting critical minerals supply resilience.
Devanshee Dave