London, 16th July 2019. TFG announces strategic partnership with WOA. TFG’s Deepesh Patel appointed as Advisor to support World of Open Account (WOA) in the development of new ideas, activities and the online community for the promotion of open account trade & receivables finance.
The most recent version of the EU Federation (EUF’s) Industry Standard Whitepaper has been recently updated and published with the finalised market data for 2018
An Essex based Vegetable and Fat Trader & Shipper, which has been trading for 38 years, has secured a £1.3m structured line of credit by GapCap, facilitated by Trade Finance Global (TFG).
Trade Finance Global (TFG) is delighted to announce a new educational partnership with FCI Academy – the centre of knowledge for receivables finance.
TFG were live at the Telegraph’s Future of Trade & Export conference, joined by Michael Boguslavsky, Head of AI at Tradeteq. There are a number of disruptive opportunities to digitise trade finance, including, machine learning, artificial intelligence, robotics, natural language processing.
The Global Supply Chain Finance Forum announced the release of its new guidance document, Market Practices in Supply Chain Finance: Receivables Discounting Technique. The paper is the first in a series of industry guidance documents intended to provide clarity and consistency to the world of supply chain finance.
TFG heard from Eng. Hani Salem Sonbol, CEO, International Islamic Trade Finance Corporation
FCI advised of the results of the 2019 Annual Awards for Excellenc and the new Executive Committee for 2019. TFG reports from Ho Chi Minh City, as Media Partners of the Meeting.
TFG are delighted to be joined by Michael Vatikiotis, who was the keynote speaker earlier today at FCI’s 51st Annual Meeting in Ho Chi Minh City, an experienced author, journalist and conflict moderator specialising in Southeast Asia.
HO CHI MINH CITY, Vietnam, 11th June. Deepesh Patel, Editorial Director of TFG, spoke today on the Evolution of Receivables Finance at FCI’s 51st Annual Meeting held in Vietnam. Speaking on a panel chaired by Lionel Taylor, Trade Advisory Network, alongside Editorial Directors of BCR Publishing and Business Money, the panel gave an observer view on the evolution of factoring in Southeast Asia.
The FCI “Career Path” programme has been endorsed by the London Institute of Banking & Finance (LIBF) for its quality and content.
Bank of America Merrill Lynch’s Baris Kalay explores what it takes to implement a successful supply chain finance program.
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
Trade finance has been a very slowly moving space when it comes to embracing digital innovations. However, the coin is now flipping: new data sharing technologies and ambitious plans from major trade originators provide much hope for a new trade finance landscape to emerge in the foreseeable future. Will the new trade consortia succeed to scale, and by when?
In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.