Artificial intelligence-based (AI) automation can relieve banks of heavy compliance responsibility, according to Conpend’s new whitepaper ‘Navigating the complex sanctions landscape: letting AI take the strain’. The paper puts forward… read more →
To learn more about the treasury landscape Trade Finance Global’s (TFG) Annie Kovacevic sat down with Colleen Ostrowski (CO) at Sibos, Amsterdam 2022.
Both ‘bill discounting’ and ‘invoice factoring’ are types of financial instruments that are used to provide working capital to businesses from accounts receivables (i.e., unpaid invoices).
BNY Mellon, in collaboration with Aite-Novarica Group, today released a report finding that financial institutions (FIs) servicing business clients are being disintermediated by fintech payment providers. But it also found that banks… read more →
HSBC has reduced the approval process for new receivables finance (RF) customers from 1-2 months to under 48 hours using a new technology platform. Using the new online application journey,… read more →
Standard Chartered announced the launch of Trade Track-It, a one-stop digital trade transaction portal that offers its clients end-to-end visibility of their trade transaction status globally. Integrated with DHL’s tracking system… read more →
The integration brings together banks and corporates globally through a common digital network ecosystem, increasing access to trade finance while enabling seamless and secure transactions. Today at Sibos 2022 in… read more →
Financial institutions are bullish on growth despite growing fears of a worldwide recession, according to new research from Swiss and Spanish stock exchanges operator SIX. The global Future of Finance… read more →
Surecomp today announced that it has completed a pilot of automated environment, social, governance (ESG) scoring and tracking in its flagship trade finance solution RIVO™. Based on a dataset of… read more →
Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments. The development comes as… read more →
For sustainable trade finance to scale, the industry needs a uniform model for ESG data that can be used by everybody, says Pradeep Nair, Global Head of Structured Solutions and Development of Standard Chartered Bank
To find out more about BaaS and innovations within the sector, Trade Finance Global (TFG) spoke with Valli Ardalan, global head of revenue and sales at Visa Direct, and Barry Rodrigues, EVP Payments Business Unit at Finastra.
Attending a talk at Sibos with Managing Director, US and Canada, Ben Arber and Gonzalo Perez Verdicchio, chapter lead API product management at SWIFT, Trade Finance Global (TFG) was able to learn more about the next steps for the market.
HSBC has launched a digital trade transactions portal that helps its Financial Institution (FI) customers view the status of guarantee transactions, simplifying the transaction fulfilment process. The network, called the… read more →