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HSBC has introduced its new e-commerce digital payment platform, Omni Collect, in the UAE in collaboration with Saudi-based FinTech company, Geidea.
Finastra, a global provider of financial software applications and marketplaces, announced it has been selected by LGT to implement instant payment services in Austria and Liechtenstein, with plans to expand to other markets.
The U.S. Consumer Financial Protection Bureau (CFPB) will enforce certain credit card consumer protection rules on buy now, pay later (BNPL).
The AfDB-BCP partnership reflects a shared vision of promoting sustainable economic growth and development in Africa by empowering SMEs.
As international payments continue to increase in Canada, alongside the growth of international commerce, consumers and businesses alike will benefit from evolving payment innovations and standardisation.
The UK has completed its key step required for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) earlier than expected.
Afreximbank finalised arrangements for a facility of $250 million with the ITFC and $100 million with the ICD.
The European Bank for Reconstruction and Development (EBRD) is extending its support for Ukraine by establishing an unfunded portfolio risk-sharing facility with OTP Leasing.
EBRD President Odile Renaud-Basso said that the EBRD remains a pillar of stability in its regions amidst an increasingly fragmented & volatile world
IFC and Absa provide $60 million commodity trade finance facility to Volcafe, benefiting East African coffee farmers.
Today, the International Finance Corporation (IFC) and Egypt announced a $100 million financing deal at the “IFC Day in Egypt”.
Read more about the top geopolitical trends and risks 2024! Hear from experts on country, political & trade risks throughout the world.
IFC’s whitepaper, “Banking on Women Who Trade Across Borders”, highlights the need for gender equality in international trade & trade finance.
The expanded connectivity for TReDS providers means the global standard for privacy-preserving fraud prevention technology is now in India.
Foreign direct investment (FDI) into Europe saw a decline in 2023, decreasing by 4% from the previous year and now stands 11% lower than the pre-pandemic levels of 2019, as per the findings of the annual EY European Attractiveness Survey 2024, which is regarded as the most thorough annual examination of FDI into the continent.
