86% of global banks surveyed are looking to use open APIs to enable Open Banking capabilities in the next 12 months Banks believe regulators are stifling innovation: almost half (48%)… read more →
TFG heard from Tanya and Stephen of Czarnikow discussing the impact of Covid19 on sugar supply chains considering different perspectives.
With the Covid-19 pandemic, our paper-based trade finance settlement system suddenly stopped working. It is about time businesses adopt paperless and digital workflow to safeguard trade finance operations.
Hin Leong Trading’s, founded by Singaporean oil tycoon Oon Kuin, collapse sends shockwaves through industry leading businesses to significantly embrace digital transformation.
As advocates of DLT in global trade and commerce, TFG are partnering with 101 Blockchains to promote the education of specific technologies that are currently available.
DeFi, short for Decentralized Finance and also referred to as ‘Open Finance’, is a set of DLT-based financial services and applications intended to augment or replace the currently existing financial system (comparatively referred to as ‘Centralized Finance’).
The Distributed Ledger Payment Commitment (DLPC) is a potential solution allowing for digital representations of payment commitments on a distributed ledger.
The International Chamber of Commerce (ICC), International Trade & Forfaiting Association (ITFA) and BAFT today shared some of the ad hoc practices being implemented by FIs under the COVID-19 pandemic.
SINGAPORE, April 14, 2020 /PRNewswire/ — Cargill and Agrocorp, in partnership with Rabobank and other logistics partners, have completed a cross-continent commodity trade transaction of wheat from North America to Southeast Asia on a blockchain platform… read more →
Document validation and review can now be done in minutes, instead of 4-6 weeks London & Latin America, 9th April 2020: Today, Envoy Group announces that it has teamed up with TradeSun to… read more →
As the APAC region solidifies its global trade leadership, banks gain an opportunity to serve new finance needs as long as they make needed technology and process changes.
TFG heard from Finastra and Cognizant discussing trade and supply chain trends in Asia for 2020. Accounting for half of global GDP, what are the biggest challenges that lie ahead?
Tokenization is a concept with the potential to solve many trade financing problems that exist for business. TFG heard from Crowdz CEO Payson Johnston.
The Letters of Credit (LC) process is perhaps one of the more recognisable elements of trade finance that needs innovation. TFG spoke to Carl Wegner, CEO of Contour to find out more
TFG heard from crpyto expert Oliviere Depiere on the future of money in its cryptographic and legal dimension fully backed by the State, that is, in the present case, by the Swiss National Bank.