WOA took the initiative to survey members, partners and industry leaders in June 2020 about how the virus has affected performance of factoring and commercial finance firms globally.
SMEs need to re-think their innovation strategy including digitalisation as the pandemic has accelerated the shift to digital technology in trade.
Only through collaboration and interoperability with other key technologies like AI, RPA, and the IoT will the path of consortia be effective in making trade finance truly digital.
If regulators and established FIs are to place their faith – and their capital – in Blockchain, it must have a financial crime control framework to match efficiency of the solutions blockchain offers.
TFG heard from World Economic Forum’s Ziyang Fan on bringing policymakers, innovators and technologists together to work hand in hand to solve some of the global challenges.
The Business Plan outlined new objectives that will allow UKEF to adapt its support for SMEs, help businesses across all the regions of the UK, access UKEF products, and focus its activity on sectors and countries.
The grant, which falls under the umbrella of the Arab-Africa Trade Bridges Program’s response to the COVID-19 crisis, provides immediate emergency funding to fight against novel coronavirus. (Jeddah, KSA, 25… read more →
Nairobi, 24 June 2020 – The African Development Bank (AfDB), the Arab Bank for Economic Development in Africa (BADEA), and the OPEC Fund for International Development (the OPEC Fund) have, once… read more →
The FCI Annual Review is a globally recognised publication in the world of Factoring and Receivables Finance.
Farmers are losing money regardless of their size, defaulting on existing facilities, and as such financiers are exiting structured commodity finance due to credit and compliance risks.
Irrespective of size, sector or country the economic and social impact of the pandemic has expanded, and challenges are growing for business and the accountancy profession, reveals ACCA’s Covid-19 global… read more →
Singapore & Malta, 23 June 2020 Contour, the Singapore-based open trade finance network, today announced its partnership with essDOCS, the leading enabler of paperless trade. The news follows Contour and essDOCS’ initial… read more →
Package of measures designed to turbo charge UK food and drink as the world recovers from coronavirus The plan will provide unprecedented help for SMEs and allow them to capitalise… read more →
Collective action by sector players concentrating on continuing education, enabling women’s access to financial markets, and directing women to more value-added businesses can be a solution to remove barriers and promote women in trade.