The International Trade and Forfaiting Association’s (ITFA) Digital Negotiable Instruments (DNI) Initiative Day, hosted in London on 12 July 2023, served as an important platform for the future of trade finance.
The Single Trade Window (STW) is a technology concept proposed within the 2025 UK Border Strategy, published by the Cabinet Office in 2020. It builds upon the recommendation and guidelines proposed by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT).
Trade is critical in advancing economies, including those in the MENA region. At the same time, trade finance presents unique opportunities for criminal exploitation, also referred to as Trade Based Financial Crime (TBFC).
Tuesday morning, the Institute of Export & International Trade (IoE&IT) and Ernst & Young (EY) released their report, “TradeTech: A pathway for businesses to seize trade opportunities”. Marco Forgione, director… read more →
The evolution of cross-border payments is more exciting than ever. However, for banks, the priority is to use the payment data for compliance and differentiation. So, get your data in order.
Capgemini’s 2022 World Payments Report finds that 89% of small and medium businesses (SMEs) are considering switching to challenger banks and alternative PayTech providers. Market volatility. It affects everyone, but… read more →
The digitisation of the trade finance industry has brought considerable change to the market in recent years.
In 2019, FCI formed a working group called “Receivables as an Investable Asset Class” (RIAC). It was comprised of FCI members and companies who operate as funds supporting the
The last decade has seen a substantial change in global trade bank attitudes towards innovation and collaboration.
we.trade, a blockchain-based trade finance network owned by 12 European banks and IBM, told shareholders in May that it had run out of cash.
On April 12, 2022, the World Trade Organization (WTO) and the World Economic Forum (WEF) formally launched their latest joint publication The Promise of TradeTech: Policy approaches to harness trade digitalization.
When the rouble plummets, where do Russians put their money? TFG’s Marcus Lankford investigates…
In this article, Ed Lam and Pamela Mar offer a roadmap to a digital future for supply chains and trade finance, with a focus on Asian SMEs
In this article, ITFA’s Andre Casterman reveals the secret ingredients of fintech success