As part of a wider strategic partnership with TXF, TFG are delighted to announce that we are supporting TXF Global Commodity Finance 2020, a 2 in 1 industry-leading event combining a physical and a virtual version.
Month: October 2020
Average LCV values and sold volumes continue to rise at BCA in September
September was the strongest month on record since lockdown for LCV sales as average values climbed yet again and sold volumes rose significantly to reach record levels. Demand remains exceptionally strong, with average values continuing to significantly outstrip guide prices and sale conversion in excess of 90% in most sales. Average LCV values at BCA… Continue reading Average LCV values and sold volumes continue to rise at BCA in September
Deutsche Bank draws up the world’s first ESG FX derivative framework agreement for Primetals Technologies
[box] − Initial term of the framework agreement is four years− Transaction complies with the terms of Deutsche Bank’s new SustainableFinance Framework− Sustainability criteria devised and monitored by independent consultants [/box] Deutsche Bank and Primetals Technologies have reached agreement on the world’s first hedging concept that links currency options to sustainability goals. The framework agreement… Continue reading Deutsche Bank draws up the world’s first ESG FX derivative framework agreement for Primetals Technologies
FCI: Best Trade Finance Innovator Global 2020
The CFI.co judges have conferred on FCI the 2020 award for Best Trade Finance Innovator Global 2020. Highlights of the judging panel’s findings include: FCI is the global representative body for the factoring and open-account domestic and international trade receivables finance industry, with nearly 400 members worldwide and an active presence in 94 countries. The cross-border platform relies on a… Continue reading FCI: Best Trade Finance Innovator Global 2020
Credit insurers prepare for increases in COVID-related claims in early 2021
Berne Union members have engaged in a virtual ‘stocktake’ of the state of the export credit and investment insurance industry during the COVID pandemic.
Will we ever bring SME Trade and Supply Chain Financing into the 21st century?
Why are the technologies we use to promote cross border trade so SME unfriendly? TFG heard from Matthew Gamser, CEO, SME Finance Forum.
Contour partners with CargoX to transform bills of lading
Contour has, today, announced its partnership with CargoX, a blockchain platform for transferring documents and data including a certified electronic bill of lading solution.
The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable outlook
Jeddah, KSA, 26 October 2020 – On October 01, 2020, Moody’s Investors Service reaffirmed the rating of A1 with stable outlook assigned to the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB Group). The rating is supported by ITFC’s ‘Very large capital buffers’, ‘Prudent treasury investment practices and… Continue reading The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable outlook
UK And Japan Sign Historic Free Trade Agreement
[box] The UK–Japan Comprehensive Economic Partnership Agreement (CEPA) is the first deal that the UK has struck as an independent trading nation. A British-shaped deal that goes beyond the existing EU agreement, securing bespoke benefits for British businesses and citizens. Important step towards joining the Comprehensive Trans-Pacific Partnership free trade area –which would result in closer ties with 11… Continue reading UK And Japan Sign Historic Free Trade Agreement
Bitpanda and Raiffeisen Bank International partner up to bring blockchain-interoperability to the banking industry
[box] Bitpanda’s tech research project: Pantos will be implemented on RBI Coin, an e-money solution for inter-bank and inter-company payments. After 2.5 years of research and development, Bitpanda’s Pantos (PAN) tech reaches a major milestone by entering a partnership with Raiffeisen Bank International (RBI) As the first Proof of Concept, Pantos technology will be implemented… Continue reading Bitpanda and Raiffeisen Bank International partner up to bring blockchain-interoperability to the banking industry
R3 acquires e-titleTM’s electronic Bill of Lading solution
R3 announced today an agreement with E-Title Authority, a Singapore-based software developer, to acquire its legal and technological framework for digitalization of Bill of Lading, the central title document underpinning trade operations globally. The acquired framework will be used to roll out an electronic Bill of Lading (“eBL”) solution Powered by Corda, R3’s leading enterprise… Continue reading R3 acquires e-titleTM’s electronic Bill of Lading solution
Podcast: FCI – Views from the Board, Factoring and Receivables
TFG’s Deepesh Patel caught up with FCI’s Chairman, Mr. Patrick de Villepin, and FCI Vice Chairman, Mrs. Daniela Bonzanini, on the critical role of Receivables finance industry in the recovery of global trade growth during this challenging period.
1.5°C Supply Chain Leaders: Why are small businesses key to success on climate?
How can SME Climate Hub create an ecosystem to enable SMEs to leverage climate action as a powerful means of increasing their competitive advantage and help in accelerating the race to a net-zero future?
Q&A with Simon Paris, CEO Finastra and World Trade Board
This is not the time to be imposing trade sanctions, it is the time to be lifting trade restrictions and easing tariffs on essential goods. – Simon Paris
Trade Finance Global joins the London Mayor’s International Business Programme (MIBP)
Trade Finance Global (TFG), the leading trade finance fintech, has been selected to join the Mayor of London’s scaleup programme.