Emerging technology and innovation create distinct hierarchical structures such as real-time data on volume, velocity, variety and value of trade that can improve the quality of sustainability reporting principles.
For decades, trade document checkers at banks have mastered the crucial, time-consuming, and somewhat niche skill of manually reviewing complex documents to ensure they meet international standards.
Accordion to the ONS latest statistics release, the twelve-month trailing inflation rate in the UK rose to 9% in April – the highest level since the current ONS data set began in 1989.
Correspondent banks are a key part of cross-border payments facilitating the flow of trade between different jurisdictions.
TFG interviewed Steven Beck, head of trade and supply chain finance at Asian Development Bank (ADB), to discuss how the trade and supply chain finance landscape has changed as a result of the COVID-19 pandemic.
Trade Finance Global have partnered with Google (Market Finder) to launch a comprehensive trade finance series of guides.
TFG’s Deepesh Patel interviewed the new VP to learn what led her to BAFT, her view on fighting financial crime, and her insights into the progress made in the payments space.
Your Monday morning coffee briefing from TFG: Key to digitalisation – reducing the trade finance gap without creating unfair biases
Female-owned export companies are being unfairly excluded from receiving trade finance loans, and more needs to be done to remove gender bias from the decision-making process, according to experts at this year’s World Trade Symposium.
This article is co-authored by Marcus Lankford and Mark Abrams. In December 2021, Bloomberg reported that several banks including BNP Paribas SA, Societe Generale SA, and ABN Amro have restricted financing commodity transactions following defaults linked to the pandemic and multiple frauds.