Factoring, as an important method to extend credit, is a type of financial transaction where the creditor assigns its receivables to an assignee at a discount. In recent years, there has been a large growth of factoring transactions around the world.
The pandemic has undoubtedly had countless negative implications for the global community. However, amidst all the turmoil there have been some silver linings.
MSMEs around the globe struggle to obtain financing. Why do these MSME financing constraints exist and is a digital future providing new hope for all those firms that are struggling to stay afloat?
WTO, TFG and ICC have today launched their latest publication ‘Accelerating trade digitalization to support MSME financing’
You might have heard a lot of hype around these things called NFTs, or non-fungible tokens. How can these digital things be selling for millions of dollars? TFG investigates
More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents
ICC, TFG and WTO are partnering at the 2021 Global Trade & Blockchain Forum, themed “Accelerating Trade Digitalization through DLT”.
In a year that shook the foundation of trade, these innovators rose to the challenge and helped the industry to digitalise
A three pillar approach to achieving a more sustainable and inclusive future for global trade
MLETER demands both verification and data privacy, trace:original may offer the answer.
Data will be at the centre of a brave new world in trade finance – Natasha Condon, JP Morgan
Collaboration with the scientific community stands to fast track technology in insurance and surety. We should be doing more to build these bridges.
Digitalising these documents may seem like a bridge too far for some banks, but the risks of not investing in these technologies are comparatively greater.
Ziyang David Fan at World Economic Forum discusses how TradeTech can help build a resilience in global value chains (GVCs)
Oswald Kuyler, Managing Director of ICC DSI talks to TFG about promoting digital trade, harmonisation and trade standards.