Uzbekistan, one of Central Asia’s major economies, is placing itself and the centre of growing regional trade by reintroducing factoring services to its banks. On behalf of Trade Finance Global… read more →
Without a doubt, the regulatory landscape for the year ahead is set to be demanding, with key developments including Swift’s ISO 20022 compliance deadline in November, evolving AI regulation, and the European Union’s (EU) latest updates to payment frameworks through PSD3 and the Instant Payments Regulation. Amid tightening compliance pressures, financial crime also remains a growing concern, adding to the complexity for businesses navigating these shifts.
Breastfeeding is a sensitive topic for any mother, and family, with a little one. For those who do decide to pump breastmilk, particularly at work, many stories hone in on… read more →
Having implemented significant reforms in recent years, Uzbekistan is stepping confidently into a future defined by financial inclusion and technological progress. Development and digitalisation of Uzbekistan’s banking system Uzbekistan’s 2020-2025… read more →
The collapse of traders like Hin Leong Trading Pte Ltd and Zenrock Commodities Trading Pte Ltd (“Zenrock”) left banks that made payments under letters of credit (LCs) out of pocket… read more →
Much effort is spent in the trade finance community finding ways to increase access to financing – perhaps one of the industry’s main missions. However, accessibility comes in many forms: a recent Asian Development Bank project focused on tackling disability inclusion, promoting accessibility in partner banks across Asia.
The lack of female representation in leadership roles has profound implications not only for individuals but also for industry at large. Research consistently shows that diverse leadership drives better financial… read more →
AI holds the power to transform trade, offering opportunities to enhance efficiency, reduce costs, and empower smaller players in the global market. However, it also introduces complexities and ethical dilemmas. The question remains to be seen: will it bridge gaps, lower barriers, and drive innovation? Or will it create hurdles, deepen inequalities, and exacerbate existing challenges?
Africa has been in increasing its foothold in the global economy for a number of years. With the Global South enjoying new influence and wealth, the world’s economic centre of… read more →
