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Afriex Strengthens Global Payments Infrastructure with Global Innovations Bank Partnership

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New sponsor and settlement banking relationship expands Afriex’s global banking network, strengthens regulatory coverage, and accelerates settlement as the company processes more than $600 million in annual payment volume

WILMINGTON, Del., Aug. 17, 2026 /PRNewswire/ — Afriex (https://afriex.com) the cross-border payments infrastructure company processing more than $600 million in annual payment volume, today announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB). The relationship strengthens the banking infrastructure behind Afriex’s B2B PaymentsAPI, enabling faster settlement, expanded regulatory support, and Global USD Account access for businesses moving money across more than 35 countries.

Originally founded as a consumer remittance company, Afriex has evolved into a global payments infrastructure platform powering cross-border payouts for remittance providers, payroll companies, ecommerce platforms, fintechs, banks, and other financial institutions. The company’s API combines licensed local payment rails with global banking connectivity, enabling businesses to launch and scale international payment products without building local infrastructure themselves.

The GIB relationship is the latest milestone in Afriex’s strategy of building a global banking network that combines local market expertise with international settlement capabilities. Together with banking partners including Choice Bank in Kenya and United Bank for Africa (UBA) in Nigeria, Afriex is creating the regulated financial infrastructure that enables businesses to move money seamlessly across emerging markets.

As demand for reliable cross-border payment infrastructure continues to grow, resilient banking relationships have become essential for delivering faster, compliant, and scalable money movement. Through its expanding network of banking partners, Afriex continues to strengthen the foundation behind its licensed payment operations while increasing the capabilities available to customers building on its platform.

“Building global payment infrastructure isn’t just about adding more corridors—it’s about building the banking foundation that makes every transaction faster, more reliable, and easier for our customers to scale,” said Tope Alabi, Founder and CEO of Afriex. “Global Innovations Bank understands the complexity of cross-border payments because their team has lived it firsthand. Their experience and long-term approach make them an ideal partner as we continue building the infrastructure powering the next generation of global fintech.”

Under the agreement, Global Innovations Bank will provide sponsor and settlement banking services supporting Afriex’s growing payments infrastructure, delivering:

Faster settlement across supported payment corridorsGlobal USD Account accessExpanded banking and regulatory coverage supporting licensed money movementGreater operational resilience as transaction volumes continue to grow

The partnership also lays the groundwork for additional treasury, foreign exchange (FX), and global account capabilities that Afriex plans to introduce over the coming year.

“Our team has spent years solving the challenges of cross-border money movement,” said Alex Goody, Chief Product Officer at Global Innovations Bank. “That experience gives us a deep appreciation for what Afriex has built. Their disciplined compliance program, strong technical infrastructure, and focus on emerging markets make them exactly the kind of fintech we want to help scale.”

The partnership became effective in Q2 2026 and represents another step in Afriex’s strategy of becoming the financial infrastructure layer for companies building cross-border products worldwide. With banking partnerships now spanning the United States, Nigeria, Kenya, and other strategic markets, Afriex continues to expand the regulated banking network supporting its global payment platform.

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Media Contact:
hello@afriex.co

About Afriex:

Afriex is a global cross-border payments infrastructure company processing more than $600 million annually across 35+ countries. Originally launched as a consumer remittance platform, Afriex now powers international payments for remittance companies, payroll providers, ecommerce businesses, fintechs, banks, and enterprises through a single API. Backed by Y Combinator, Afriex operates licensed money transfer infrastructure across key markets and is registered with FinCEN as a Money Services Business. The company is building the banking and payments infrastructure that enables businesses to move money globally with the speed and simplicity of local payments.

About Global Innovations Bank:

Global Innovations Bank is a banking partner focused on serving fintechs and companies building modern financial services. Founded by a team with deep roots in the remittance industry, GIB combines firsthand experience in cross-border payments with banking infrastructure designed to help regulated financial companies scale securely and compliantly.

View original content:https://www.prnewswire.com/news-releases/afriex-strengthens-global-payments-infrastructure-with-global-innovations-bank-partnership-302852968.html

SOURCE Afriex Inc

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HelloNation Article Explains Breaker Trips, Featuring Electrical Expert Gerald Talbot

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The article explains how repeated breaker trips can signal excessive electrical demand and when a professional electrical evaluation may be needed.

KNOXVILLE, Tenn., Aug. 17, 2026 /PRNewswire/ — What causes breaker trips when several appliances are running at the same time? HelloNation answers that question in an article featuring insights from Electrical Expert Gerald Talbot of Mister Sparky in West Knoxville. The article explains how repeated breaker trips often point to growing electrical demand and why recognizing these warning signs can help homeowners maintain a safer electrical system.

The HelloNation article explains that a circuit breaker is designed to protect a home’s electrical system by shutting off power whenever a circuit carries more current than it is built to handle. While an occasional breaker trip may occur for several reasons, repeated interruptions when multiple appliances or devices are operating together often indicate a circuit overload. According to the article, this protective action prevents wiring from overheating and helps reduce the risk of electrical damage.

The article notes that many homes were constructed before modern households depended on numerous electronic devices throughout the day. Computers, gaming systems, large televisions, kitchen appliances, chargers, and climate control equipment all contribute to increased electrical demand. Adding high-wattage items such as portable space heaters, air fryers, or power tools can place even more strain on circuits not designed for today’s electrical use.

The article explains that homeowners should pay attention to patterns rather than isolated incidents. If breakers trip only when specific combinations of appliances are operating, such as a microwave and toaster together or several tools in the garage at once, the circuit is likely experiencing more demand than it can safely support. The same pattern often becomes more noticeable during colder months when portable heaters increase the overall electrical demand throughout the home.

Rather than viewing repeated breaker trips as a simple inconvenience, the HelloNation article describes them as an important safety feature. Circuit breakers interrupt power before wiring becomes dangerously hot. The article cautions that repeatedly resetting a breaker without identifying the cause allows the underlying circuit overload to persist, especially if household electrical needs continue to grow over time.

The article also explains that reducing the number of devices operating on one circuit may temporarily reduce interruptions. However, when everyday household activities consistently overload a circuit, the issue may indicate that the home’s electrical system no longer matches the family’s needs. This situation is especially common in older homes where electrical usage has steadily increased without corresponding updates to wiring, dedicated circuits, or the service panel.

The HelloNation article recommends seeking a professional electrical evaluation when breaker trips become a recurring pattern. An Electrical Expert can determine whether the problem is limited to a single overloaded circuit or reflects broader capacity concerns across the electrical system. The article explains that an evaluation may identify opportunities to add dedicated circuits, redistribute electrical loads, or improve the service panel to better support modern household demands while improving safety and reliability.

The article concludes that understanding the connection between breaker trips and electrical demand helps homeowners recognize that these interruptions serve an important protective purpose. Monitoring recurring trips helps identify potential capacity issues before continued electrical demand places additional stress on the home’s wiring and infrastructure.

When Breaker Trips Point to Too Much Electrical Demand features insights from Gerald Talbot, Electrical Expert of Knoxville, Tennessee, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-article-explains-breaker-trips-featuring-electrical-expert-gerald-talbot-302840664.html

SOURCE HelloNation

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OtterBox Launches Sole Series Featuring Realtree®: Inspired by the Outdoors, Built for Everywhere

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FORT COLLINS, Colo., Aug. 17, 2026 /PRNewswire/ — OtterBox and Realtree® expand their longstanding collaboration with the introduction of Sole Series1 featuring Realtree, a new line of protective phone cases that blends authentic outdoor heritage with bold, modern design.

Wrapped in genuine Realtree Edge™ fabric and finished with a grippy, tread-inspired profile, the new Sole Series collection delivers a distinctive look and feel without compromising the protection OtterBox is known for. Every case showcases a one-of-a-kind camouflage pattern within three textured colorways that are equally fitting for the trails as they are for city streets: Overgrowth (an earthy, green-grey hue), Skyline (bright sky blue) and Ignite (vivid orange).

Sole Series is built for people who move seamlessly from outdoor adventures to everyday commutes. This new design with Realtree draws tactical inspiration from performance footwear and outerwear to fuse rugged protection with an elevated aesthetic. Whether you’re capturing content, navigating trails or tackling everyday life, Sole Series featuring Realtree delivers premium, functional features, including:

5X tested to military drop standard (MIL-STD-810G 516.6) for dependable protectionAuthentic, precision-cut Realtree® Edge™ fabric that creates a unique pattern on every caseHigh-ridge tread around the case edge for a secure, confident gripDetachable finger loop for comfortable carrying and added convenienceRaised edges that protect the camera and screenBuilt-in magnets engineered to work seamlessly with MagSafe accessoriesIntegrated Camera Control button for intuitive swiping, clicking and capturingConstructed with a minimum of 75% recycled content

Complete your device protection by pairing Sole Series featuring Realtree with OtterBox Glass screen protection for edge-to-edge defense.

OtterBox Sole Series featuring Realtree is available at OtterBox.com for iPhone 17, iPhone 17 Pro and iPhone 17 Pro Max for $59.99.

About OtterBox:
From humble beginnings in a Fort Collins, Colo. garage, OtterBox has spent over 25 years mastering the art of protection, delivering durable yet stylish phone cases that can go anywhere, do anything, so you can say ‘yes’ to everything. Whether you’re scaling mountains or simply surviving a Monday morning commute, OtterBox has you and your device covered.  

It’s no surprise OtterBox is the #1 most trusted smartphone case brand in the U.S. From ultra rugged to effortlessly stylish, OtterBox helps you follow your ‘yes’ anywhere. 

OtterBox. Made for Yes. 
At the heart of every OtterBox innovation is a commitment to create positive, lasting change. In partnership with the OtterCares Foundation, OtterBox says ‘yes’ to giving back by inspiring kids to change the world through entrepreneurship and philanthropy. Employees say ‘yes’ to giving back when they use 24 hours of paid time off each year to volunteer. Since 2011, OtterBox employees have logged more than 148,000 volunteer hours, contributing an estimated $3.8 million in value to local communities. Learn more about our ‘yes’ at otterbox.com/givingback
 
For more information, visit otterbox.com

1Sole Series is NOT protective against water. Will provide added protection against drops and shock. 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/otterbox-launches-sole-series-featuring-realtree-inspired-by-the-outdoors-built-for-everywhere-302853019.html

SOURCE OtterBox

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Bloomberg Tax Introduces Controlled Calculations for Bloomberg Tax Workpapers

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New governed calculation capabilities help tax teams replace spreadsheet-driven state tax calculations with greater confidence, transparency, and efficiency

ARLINGTON, Va., Aug. 17, 2026 /PRNewswire/ — Bloomberg Tax today announced the launch of Controlled Calculations for Bloomberg Tax Workpapers, a new capability that helps corporate tax teams perform multiple complex state tax calculations with greater confidence, transparency, and efficiency.

Many tax departments still rely on sprawling spreadsheets to manage complex state tax calculations. As organizations grow, those manual processes become increasingly difficult to scale. Maintaining formulas across jurisdictions is time-consuming, increases the risk of errors, and pushes spreadsheets beyond what they’re designed to handle.  Controlled Calculations replaces those manual processes with a governed calculation environment that provides system-maintained tax rules, including general state apportionment rules, while allowing tax teams to customize calculations based on their specific business needs.

“The future of tax isn’t about building better spreadsheets, it’s about giving professionals better ways to navigate complexity,” said Evan Croen, head of Bloomberg Tax. “Controlled Calculations brings trusted tax intelligence, governed calculations, and connected workflows together so tax teams can spend less time maintaining formulas and more time applying their expertise.”

Unlike traditional spreadsheet-based processes, Controlled Calculations embeds system-maintained tax rules directly into the workflow while maintaining flexibility for organization-specific requirements. Built-in auditability provides visibility into every override, adjustment, and calculation throughout preparation and review.

Key capabilities include:

Governed state income tax calculations with system-maintained tax rulesFlexible support for organization-specific business logic and calculation structuresBuilt-in auditability and traceability throughout preparation and reviewConnected workflows across Bloomberg Tax Workpapers, Bloomberg Tax Research, and Bloomberg Tax ProvisionControlled Calculations expands Bloomberg Tax Workpapers as the operational hub of Bloomberg Tax’s Suite of Solutions, connecting trusted research, governed calculations, and tax provision in a unified workflow. Together, these capabilities help tax teams improve accuracy, reduce manual effort, and move from research to reporting with greater confidence.

For more information about Bloomberg Tax Workpapers, visit https://aboutbtax.com/bmzS.

About Bloomberg Tax

Bloomberg Tax delivers a comprehensive suite of solutions designed to help tax and accounting professionals navigate a complex global landscape. By combining practitioner-driven insights with intelligent, AI-powered tools, we provide the expertise you need to ensure compliance, streamline workflows, and drive strategic decision-making. Our integrated solutions simplify intricate calculations and adapt to changing regulations, empowering your organization to mitigate risk, optimize tax strategies, and achieve measurable results with confidence and precision.

Bloomberg Tax is part of Bloomberg Industry Group, an affiliate of Bloomberg L.P., a global leader in business and financial information, data, news, and insights.

For more information, visit bloombergtax.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-tax-introduces-controlled-calculations-for-bloomberg-tax-workpapers-302853020.html

SOURCE Bloomberg Tax

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