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.
Sibos 2026: Swift connects domestic payment systems to enable seamless cross-border transactions
- Swift is connecting domestic instant payment systems including Bizum, PayID from Australian Payments Plus, and Pix to enable cross-border payments using familiar identifiers such as mobile phone numbers, emails and virtual payment addresses.
- The initiative builds on Swift’s consumer payments scheme launched in June, which now involves more than 100 banks and has already improved payment speed, with 75% of payments reaching receiving banks within 10 minutes.
- Participating organisations span four continents, including Australian Payments Plus, Banco de Crédito del Perú, Banorte, BBVA, Bizum, Bradesco, CaixaBank, Citizens Bank, Commonwealth Bank of Australia, DBS, IDFC FIRST Bank, Ouribank, TerraPay, and Veritran.
- The approach aims to remove complexity from international transactions by enabling users to send money abroad using the same simple identifiers they already use for domestic payments.
- The framework enables full-value transfer, greater predictability and faster settlement at global scale for consumer payments.
- The initiative aligns with efforts to transform the cross-border payment experience by making international transactions as intuitive and accessible as domestic ones.
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Devanshee DaveBNY announced the launch of a Pay-to-Wallet capability enabling banks to send cross-border payments from bank accounts to participating retail digital wallets using existing SWIFT payment messages and correspondent banking infrastructure.
Devanshee Dave
HSBC launches smart checking: AI-powered solution to transform trade finance documentation processing
HSBC launches Smart Checking, an AI-powered solution to standardise trade finance documentation processing and accelerate payment times for clients.
Devanshee Dave
BAFT, Trade Treasury Payments (TTP) enter global strategic partnership
BAFT and Trade Treasury Payments enter global strategic partnership spanning joint publications, events and industry dialogue.
Deepesh Patel
Sibos 2026: Finastra launches supply chain finance solution to help banks scale working capital programs
Finastra launches supply chain finance solution at Sibos 2026 to help banks scale working capital programs and accelerate time to market.
Devanshee DaveBrussels has warned British Prime Minister Andy Burnham that Britain needs to raise tariffs on Chinese cars and align more closely with EU trade policy to avoid "made in Europe" barriers on key exports.
Devanshee DaveVietnam's Minister of Finance Ngo Van Tuan held working sessions with major corporations and financial institutions during his trip to the United States from 20th to 25th September.
Devanshee Dave
Sibos 2026: Live reporting from TTP at Miami
TTP reports live from Sibos 2026 in Miami, covering the BAFT Global Councils Forum and industry updates throughout the week.
Deepesh PatelThe World Trade Report 2026, issued on 15th September, finds that a strengthened multilateral trading system could increase global GDP by roughly 3% or $3 trillion by 2050.
Devanshee DaveHSBC and Conferma have extended their virtual card partnership into supplier payments across Hong Kong, Singapore, and Malaysia, expanding beyond their initial focus on corporate travel payments.
Devanshee DaveThe Export and Investment Fund of Denmark (EIFO) announced a €66.7 million investment in DTCP's €455 million Defence Fund I, joining investors including Porsche and Deutsche Telekom in the first close.
Devanshee DaveGoCardless has processed the first agentic account-to-account transaction in the UK, an AI-driven donation on its website for Trussell, the anti-poverty charity and community of food banks.
Devanshee Dave
Sound & vision: behind the scenes of the TTP refresh
Go behind the scenes of the TTP refresh and discover how design, typography, sound, and branding reinforce its mission of independent editorial excellence.
James Dorman
Rewired – Foreword
Financial services must balance innovation with legacy systems by modernising rather than replacing infrastructure that has sustained trade for generations.
Eleanor HillCircle has launched Digital Asset-Backed Borrowing, a service allowing institutional clients to use Bitcoin as collateral to borrow USDC through onchain lending markets.
Devanshee DaveAfreximbank and Africa Trading and Distribution Company signed a $500 million credit facility agreement on 21 September to support trading and distribution operations across Africa and in international markets.
Devanshee Dave
Hong Kong launches first five-year plan to strengthen economic centres and global competitiveness
Hong Kong launches five-year economic plan to strengthen its status as a global financial, maritime, trade and aviation hub.
Devanshee DaveAs of September 18, India’s central bank has attracted $143.6 billion in inflows under its forex swap facility, according to data released on September 21.
Devanshee DaveThe Public Investment Fund (PIF) has launched Tawrid Co. for Financing Solutions, a digital platform offering supply-chain financing products to connect buyers, suppliers, and funders.
Devanshee DaveAnt International, the overseas affiliate of China’s Ant Group, is implementing an AI-driven upgrade across its global financial platforms, including Alipay+, Antom, WorldFirst, and Bettr.
Devanshee Dave