The International Finance Corporation (IFC) and HSBC have announced a $1 billion risk-sharing facility designed to boost trade financing for banks in emerging markets across Africa, Asia, Latin America, and the Middle East.
The conversation surrounding real-time payment systems is evolving quickly, and nowhere is this more evident than in the dynamic between RTP (Real-Time Payments) and FedNow, two significant players within American… read more →
Following an order from the London High Court of Justice, three managing directors from Interpath Advisory, a consulting and restructuring firm, will take over as administrators of Stenn and Stenn… read more →
. At the inaugural Trade Finance Conference of Parties (TF COP) in Washington, DC, ITFA unveiled the Washington Declaration, a proposal calling on the United Nations (UN) to recognise the… read more →
The evolution of sustainability standards and regulations is therefore interesting to observe, particularly as the trajectory has not been traditional. Some may say climate change is a crisis, but as it’s been an ongoing process, it’s hard to identify a single date or event as a turning point.
The publication is based on a roundtable discussion hosted by TFG during the International Trade and Forfaiting Association’s (ITFA) 50th Annual Conference in Limassol, Cyprus. The ‘$2.5 trillion global trade… read more →
Preparing for the future is critical in the rapidly changing insurance and reinsurance industry. That’s why the industry needs to prioritise allocating its limited resources to ensure that there is… read more →
The collaboration leverages HSBC’s banking network and solutions while integrating Dowsure’s data-oriented solutions for e-commerce. In addition to the collaboration, HSBC Ventures has made a strategic investment in Dowsure. The… read more →
The service enables Chinese businesses to receive payments through local clearing systems– a cheaper option than setting up foreign accounts. The HSBC virtual account solution also enables Chinese businesses trading… read more →
The transactions involved a sugar shipment from the Americas to the UK, utilising a digital bill of exchange (dBE) created on Enigio’s trace:original platform. Mercore initiated the process by creating… read more →
