The latest news from liquidity and risk management
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HitPay launches Virtual Accounts to streamline B2B collections for businesses
- HitPay introduces Virtual Accounts, enabling businesses to manage customer payments and B2B collections within a single HitPay account while continuing to accept existing payment methods.
- The feature supports over 15,000 finance teams across Singapore, the Philippines, and Malaysia, aiming to reduce manual work and improve payment operations as businesses scale.
- Virtual Accounts provide dedicated account details for corporate customers to make bank transfers, with real-time payment confirmation and integrated reconciliation in the HitPay Dashboard.
- Designed for higher-value B2B transfers, Virtual Accounts charge a fixed fee per transfer instead of percentage-based fees, improving cost efficiency.
- Virtual Accounts operate under HitPay’s regulatory licenses in Singapore and the Philippines and function as a collection method, with funds flowing into the merchant’s HitPay Wallet before payout.
- HitPay’s CFO Stack roadmap includes future phases adding BillPay for supplier invoice management and Payroll and Spend Management to further integrate financial workflows.
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HitPay introduces Virtual Accounts, enabling businesses to manage customer payments and B2B collections within a single HitPay account while continuing to accept existing payment methods.
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Bottomline launches Global Pay Connect, a next-generation SaaS platform for financial institutions
Bottomline launches Global Pay Connect, a SaaS platform enabling financial institutions to manage payments across traditional and blockchain networks.
Devanshee DaveStandard Chartered executed a $25 million repo transaction with QNB Türkiye, marking its first repo linked to advancing women’s economic empowerment.
Devanshee DavePanax, an AI-native cash and treasury management platform, and RSM US LLP, a consulting and advisory firm, announced a collaboration to improve liquidity visibility, cash forecasting, and treasury operations.
Devanshee DaveStablecoins have entered the World Trade Organization’s policy agenda, with a new report concluding they could make cross-border payments faster, cheaper, and more accessible.
Devanshee DaveThe US International Development Finance Corporation (DFC) approved a $500 million trade financing facility to help US companies access emerging markets in South America, Southeast Asia, and Africa.
Devanshee DaveThe 2026 Secured Finance Economic Impact Study by SFNet finds that asset-based lending (ABL) and factoring contribute approximately $173 billion annually to US real GDP, equivalent to 0.5% of the economy.
Devanshee DaveThe European Bank for Reconstruction and Development (EBRD) is providing up to $25 million (€21.3 million) to Bank of Baghdad under its Trade Facilitation Programme (TFP) to support import and export transactions.
Devanshee DaveBanking Circle has extended its collaboration with OSL Group to support six currencies, including AUD, EUR, GBP, HKD, SGD, and USD, enabling OSL’s B2B stablecoin payment and trading platform to expand into new markets.
Devanshee DaveTreviPay has partnered with Dynatos to integrate Routty Cloud’s e-invoicing technology and compliance support into its B2B payments infrastructure.
Devanshee DaveFinastra announced a partnership with Komgo to address inefficiencies in trade finance caused by fragmented systems and manual, data-intensive processes.
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The New Delhi Declaration 2026: BRICS strengthening cooperation amid global challenges
BRICS adopted the New Delhi Declaration 2026 at its summit, outlining cooperation on governance reform, trade, energy and security.
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TTP and the Commonwealth Secretariat: Digital trade governance in a changing world order
TTP and the Commonwealth Secretariat explore digital trade governance frameworks to support trusted, inclusive commerce across emerging and developing economies.
Scott SanchonBRICS Pay has opened its payment platform to additional countries, aiming to broaden participation beyond the original BRICS members.
Devanshee DaveStandard Chartered has acted as Arranger, Lender, and Hedging Bank for the approximately €2.1 billion financing of the Gennaker offshore wind project, one of Germany’s largest offshore wind farms with a capacity of 976.5 MW.
Devanshee DaveRipple’s stablecoin chief, Jack McDonald, estimates a $13 trillion corporate treasury business available to RLUSD, driven by payments and capital markets activity.
Devanshee DaveCastle Trust Bank has been acquired by investment vehicles backed by Sixth Street and Bayview Asset Management, with both firms taking equal stakes.
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Societe Generale, Lloyds achieves milestone with fully digital letter of credit transaction between UK and France
Societe Generale and Lloyds complete the first fully digital letter of credit transaction between the UK and France, demonstrating scalable digital trade solutions.
Devanshee DaveCopper prices on the London Metal Exchange reached a fresh record, with three-month futures rising 0.7% to $14,598.50 per metric ton, marking a nearly 17% increase for 2026.
Devanshee DaveU.S. Bank has issued a dollar-backed token, USBDC, on the Stellar public blockchain while retaining conventional banking controls such as asset freezing and transaction reversal.
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