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.
WTO, TFG and ICC have today launched their latest publication ‘Accelerating trade digitalization to support MSME financing’
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)
The UK’s digital infrastructure helped the country rebound from the economic effects of COVID-19; however, it is still losing ground to Asia in the race for digitalisation, according to new… read more →
Singapore is second only to Bahrain in adopting MLETR
All the insights from the first day of the biggest trade finance event in the MENA region.
A commentary and foreword by ICC’s Secretary General John W.H. Denton AO and WTO’s Deputy Director-General Xiaozhun Yi, following the launch of WTO and TFG’s 2020 Blockchain for Trade publication.
Hong Kong, China. Trade Finance Global (TFG) and World Trade Organization (WTO) have today launched their updated Periodic Table of DLT Projects in Trade, at the Hong Kong Fintech Festival.
A recent 2020 study and supplementary Covid-19 survey by TFG and WTO reveals the biggest challenges facing DLT trade-related firms when it comes to implementation of their solutions within corporates and banks.
