Archive for May, 2023

Enigio AB has announced the successful completion of the inaugural digital end-to-end trade document transaction, made possible by their trace:original solution. The shipment consisted of paper products originating from Antwerp,… read more →

First Abu Dhabi Bank (FAB), the UAE’s largest bank and a global financial powerhouse, strengthens its trade product offerings by introducing the Supply Chain Finance (SCF) programme in KSA, expanding… read more →

For over 65 years, Export Finance Australia (EFA) has been helping businesses take on the world. Over this long history, we have gained a unique perspective on the challenges faced by exporters, and how finance can help address them. 

In an exciting development for UK businesses, the UK’s trade deals with Australia and New Zealand have officially come into force today, 31 May, marking the first negotiated trade agreements… read more →

Australia’s sports technology sector has attained a noteworthy milestone, now valued at AUS$4.25 billion ($2.78 billion), placing it on par with the country’s financial technology sector, according to a recent… read more →

British inflation shows little sign on cooling, according to new reports released Tuesday afternoon. British shop inflation reached new record highs this month, though food price increases cooled slightly in… read more →

Your Monday morning coffee briefing from TFG, 8th May 2023

The Brainy Insights, a market intelligence firm, has projected that the global invoice factoring market, valued at $2.74 trillion in 2022, is set to surge to a whopping $6 trillion… read more →

Trade Finance Global (TFG) is proud to announce that part of its Trade Finance Talks content has been accredited as official Continuing Professional Development (CPD) resources for a wide range of courses offered by The London Institute of Banking and Finance (LIBF).

To successfully digitalise Bills of Lading, the three necessary foundations are law, standards and technology. Without their proper application, any eBL SaaS platform, notwithstanding the attractiveness of the business model, is unstable.

According to Reuters, Japan and the United States will issue a joint statement pertaining to technology collaboration, furthering their shared commitment to enhanced cooperation in the realms of advanced chips… read more →

In this episode of Trade Finance Talks, Brian Canup, assistant editor at TFG, was joined by Channing Mavrellis, director of the Illicit Trade Program at Global Financial Integrity, to delve into the world of TBML. Together, they explored the latest developments and insights surrounding trade-based money laundering (TBML) practices.

The African Union Commission (AUC) and the International Trade Centre (ITC) have come together to solidify their ongoing partnership. The two groups signed a memorandum of understanding (MOU) at the… read more →

Despite most industries witnessing digital leaps forward over the past decade, the world of trade has kept its focus on paper-based documentation. In fact, trade documents such as promissory notes, bills of lading, and performance bonds have remained relatively unchanged for centuries.

FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has released their annual World Factoring Statistics report.