On Monday, Remitly announced a five-year extended partnership with Visa, focusing on enhancing the cross-border transfer of funds for Remitly’s customers. This development builds upon Remitly’s initial use of Visa… read more →
The United Kingdom and South Korea are set to begin discussions on a new, comprehensive trade deal aimed at amplifying bilateral trade. South Korea, the world’s 13th largest economy, is… read more →
The UK government today unveiled a £1 billion investment dedicated to 55 innovative projects, marking a step in revitalising communities across the nation. This funding, a core component of the… read more →
According to Ravi Menon, the Monetary Authority of Singapore’s (MAS) managing director, Singapore is set to trial the live issue and utilisation of wholesale central bank digital currencies (CBDCs) in… read more →
In collaboration with the Ukrainian government, Ukreximbank, Ukrgasbank, and DZ Bank, Marsh McLennan has announced Unity, a new insurance facility designed to offer cost-effective insurance for exporting grain and other… read more →
2022 insurance highlights Trade credit insurance has been pivotal in risk management for businesses, notably in mitigating the risk of unpaid invoices, a major concern affecting business continuity. A closer… read more →
The European Union is considering extending its current truce with the US concerning steel and aluminium trade. This move could circumvent ongoing stagnant talks and prevent the re-imposition of tariffs… read more →
Today, the International Trade and Forfaiting Association (ITFA) has released an addendum to its Digital Negotiable Instruments (DNI) Handbook. This update follows the enactment of the UK Electronic Trade Documents… read more →
Today, the OPEC Fund for International Development (the OPEC Fund) announced a $21 million loan to support a sustainable water supply project in Rwanda. The new loan will help expand… read more →
The Biden administration has temporarily paused discussions on crucial aspects of the digital trade segment within its Indo-Pacific Economic Framework (IPEF) initiative, as stated by Democratic legislators on Tuesday. This… read more →
