Trade Finance & Invoice Finance solutions for businesses to trade, import or export goods, both domestically and globally
TFG heard from Joel Schrevens Global Solutions Director of China Systems about the state of the trade and supply chain finance ecosystem. Established in 1983, China Systems is a leading trade services solutions vendor. The company is fully focused on providing an integrated front-end and back-office platform catering for internal and external deployment at a domestic, regional or global level.
AGTB: New kid on the block. TFG heard from Daniel Gould, Deputy CEO of Anglo-Gulf Trade Bank, and its new digital offering for trade finance in the UAE and MENA region. Building a trade bank from scratch without relying on legacy technologies has enabled AGTB to reimagine trade finance, building a competitive product for the corporate banking space.
Existing systems are woefully inefficient, siloed or still paper-based and many of them have not improved for decades. The Marco Polo Network is working with Financial Institutions, Corporates and Technology & Service Providers to remove the barriers preventing them from operating at their best.
Your Monday morning coffee briefing from TFG. Here are some of the last week's updates from the trade sector. 14th October 2019.
The Italian Banking market continues to face headwinds and pressures around new payment service directives (PSDII), challenges from the regulator, and changing customer needs. TFG caught up with the CEO of RegTech innovator CBI about their latest product CBI Globe, and how this is positioned to help Italian banks succeed and grow.
- VIDEO: Digital Ecosystems within Trade Finance – Boston Consulting Group Seeing Beyond the Technology
- Tackling digital trade challenges at SIBOS: essDOCS CEO – Can we make trade paperless? (S1E24)
- VIDEO: Blockchain and DLT for Trade and Trade Finance – The Role of Multilaterals in the Digitisation of Trade
INTERNATIONAL ISLAMIC TRADE FINANCE CORPORATION (ITFC) INJECTS US$1.5 BILLION TO MALDIVES’ KEY SECTORS IN MAJOR FRAMEWORK AGREEMENT
(Maldives, October 9th, 2019): The International Islamic Trade Finance Corporation (ITFC), has signed a major US$1.5 billion framework agreement with the Republic of Maldives. The five-year framework agreement, signed by… read more →
£83 million worth of government support announced for Glasgow-based IQA Group to install new electricity infrastructure in Northern Angola £60 million worth of support will enable an agricultural project delivered… read more →
London, 25th September 2019 – The expansion of Banking Circle’s propositions into the lending sector with a range of innovative and ground-breaking business lending solutions has been recognised in the… read more →
Elucidate would like to welcome its new Advisory Board members, and is pleased to announce its selection for Plug and Play’s prestigious FinTech accelerator. BERLIN, Germany, Sept. 19, 2019 — In… read more →