2020 marks the 21st anniversary of the Certificate for Documentary Credit Specialists (CDCS). LIBF’s experts in trade finance – Mike Backhouse, Alex Gray and David Morrish – explain why the… read more →
Commerzbank continues to strive to adapt to technological innovations of our new ‘digital era’ – as well as ensuring it is up-to-date with all market movements.
We heard from Steven Beck, Head of Trade Finance at the Asian Development Bank, giving his musings on 2019, a year of uncertainty in trade, and what 2020 might bring for trade and supply chain in Asia.
Currency is part and parcel of monetary policy, and a public mandate of the European Central Bank (ECB). TFG’s Editor, Deepesh Patel, spoke to ECB’s Yves Mersch about the possibilities of central bank digital currencies in relation to payment systems, faster transaction times and settlements. Separating the hype from reality; Mersch spoke to TFG about the regulatory consequences of central bank digital currencies. “We are tech neutral. We want to stay ahead of tech. Tech has to serve our purpose, not the other way around.”
Michael Bickers, MD, BCR Publishing walked us through the trends in supply chain and receivables finance in 2019, arguably one of the most uncertain in the last decade. In an interview with TFG, Bickers gave his view on what’s in stock for SCF and receivables in the year ahead, commenting on APIs, blockchain and competitive growth in supply chain finance, in preparation for the BCR Supply Chain Finance Summit in Amsterdam this month.
The London Institute of Banking & Finance (LIBF), the Bankers Association for Finance and Trade (BAFT) and the International Chamber of Commerce (ICC) are celebrating the 21st birthday of the… read more →
TFG heard from Charles Bryan, Secretary General of EESPA. The global market is forecast to encompass 550 billion invoices annually. It is expected to quadruple in size by 2035.
We heard from BCG’s Sukand Ramachandran on the consequences of trade wars and Brexit for global trade, and what this could mean for 2020. Will there be a downturn or disruptive shock, or will innovation and new capital help trade in the next 12 months?
Accounting is a crucial facet in every industry because it allows you to keep track of your profit and expenses. With this, you ensure that you have more money coming in rather than going out, which will prevent your business from failing.
Like it or not, everything is run by numbers. From how we do business to building infrastructure, quantifying every relevant figure allows us to accomplish goals. This dependence on numbers… read more →
TFG’s Nikhil Patel sat down with ITFA Chairman, Sean Edwards, discussing the highs (and lows) of 2019, from a trade, tech and regulatory perspective. We asked ITFA’s view on whether the fireworks of trade wars might slow in 2020, and what’s needed for blockchain to work for trade in 2020.
In January 2019, the World Economic Forum (WEF) Global Future Council on International Trade and Investment produced a brief – “Four Scenarios for the Future of Trade and Investment”, that assessed the rising geopolitical tensions present globally, and offered four potential avenues that the global economy would take in the coming years. TFG Investigates.
Putting up a business typically involves complex financial processes—the kind that can be overwhelming for anyone who’s new to the field. To avoid getting into monetary troubles, it’s important that owners get all their finances ironed out right from the start.
TFG spoke to Berne Union’s Secretary General Vinco David about the state of credit insurance following 2019’s uncertainty, and what the priorities are for the trade credit insurance industry in 2020.
The biggest global reduction in sulphur content for marine fuels has now come into force (from the 1st January 2020). Shipping companies will need to axe sulphur emissions by around 85%m and with this in mind, what could these new limits mean for trade, freight forwarding prices and the global economy? TFG investigates.