Governments and businesses across the Middle East and Africa (MEA) are digitising at a rapid pace, shifting away from on-premises hardware and manual processes in favour of software as a service (SaaS).
TFG spoke to two leading trade credit risk management experts, Marian Berden and Robert Meters of Schumann on how technology has the potential to help business avoid some of the costs and stresses associated with current economic conditions.
Your Monday morning coffee briefing from TFG:
Bank of America will transition to recycled plastic for credit and debit cards beginning in 2023
Robert Meters, director of Schumann International Limited, discusses the current and long-term impacts of the conflict on receivables finance and credit risk management.
Confidence, demand and energy shock waves, writes Ana Boata, Global Head of Economic Research at Allianz Trade. Allianz Trade is the new name for trade credit insurer Euler Hermes, which became part of the Allianz SE group in 2018.
In our latest podcast, TFG’s Deepesh Patel spoke to ITFA’s Silja Calac & Jean-Maurice Elkouby of ING about taking on Europe’s credit risk insurance rules
This article was co-authored by:
– Arun Prakash, strategy officer for trade and commodity finance at IFC
– Dennis Ochieng, economist at IFC
– Shanshan Li, consultant at IFC
In this article, SACE’s Irene Gambelli discusses the support provided by Italy’s export credit agency to SMEs during and after the pandemic, with an increasing focus on green finance
Letters of credit, forfaiting, factoring, export finance, and trade credit insurance: the most popular trade finance techniques companies are using in international trade
Each day, mountains of trade finance data are delivered to banks, requiring urgent processing to support the flow of goods around the world.
Although UCP 600 and ISBP 745 offer no specific provisions for partial confirmations of letters of credit (LCs), MonetaGo’s Tat Yeen Yap says they are not only possible, but are “straightforward and efficient”.
As the clocks struck midnight, we looked back at over 700 articles, handpicking our favourite stories that made the headlines in 2021
Like many organisations during the COVID-19 pandemic, the International Trade and Forfaiting Association (ITFA) has had to adapt to a changing business landscape.
Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year.
In October this year, the International Trade and Forfaiting Association (ITFA) published its long-awaited harmonised Basel III-compliant trade credit insurance policy form.