The 2024 CGI and BAFT Trade Technology Survey provides insights into how financial institutions navigate these changes and plan for the future. The survey reveals the strategic priorities and challenges which banks face and offers a comprehensive view of their adaptation strategies.
Mansa, a pioneering fintech providing finance to emerging markets, announced on July 29 that it would provide its first pool on Base, a low-cost Ethereum-equivalent L2 blockchain. This is a significant milestone for Mansa, whose mission it is to democratise access to financing and liquidity to emerging markets in Africa; the launch is expected to boost cross-border payments and increase take-up of trade finance instruments in the region, especially for SMEs.
Trade negotiated on the Finteum Platform, which uses R3’s Corda, and executed on the TP ICAP UK MTF, with Finteum also acting as the arranger
The agreement, known as the E-Commerce Joint Initiative, was finalised on July 26, 2024, after five years of negotiations involving 90 countries, aiming to eliminate customs duties on digital content
A new study released today by Standard Chartered and Synpulse, estimates that the demand for tokenised assets could soar to $30.1 trillion by 2034.
How realistic is digital collaboration in credit insurance? Although data sharing has strong potential, the path to connectivity and interoperability is not a simple one.
Learn about ITFA’s Fraud Working Group and their efforts to combat cross-border fraud in trade finance.
Standard Chartered has announced the successful completion of Euro-denominated cross-border transactions between Hong Kong and Singapore, becoming the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure.
Lloyds Bank has completed its first transaction using an electronic Bill of Lading (eBL) on the WaveBL trade documentation platform.
Hear from Finastra’s Iain MacLennan on the changing nature of Trade Finance. Discover the challenges and opportunities of digitalisation.
