Payments

Your weekly coffee briefing from TFG: E-rules for trade explained – URDTT, eURC, and eUCP

At what point can a business acknowledge foreign exchange (FX) in their procure to pay (P2P) process, and at what cost?

In preparation for the 2022 EBRD TFP Trade Finance Forum, held in Istanbul, Turkey, Trade Finance Global’s (TFG) Annie Kovacevic sat down with Chynara Alybaeva, head of global transaction banking department at Optima Bank OJSC, to learn more about the banking sector in the Kyrgyz Republic.

Your Monday coffee briefing from TFG: China ramps up trade restrictions against Taiwan

The latest issue of TFG’s Trade Finance Talks, ‘SME trade finance: flying under the radar’ is out now!

Cross-border payments are at the core of international finance and economic activity and it have undergone dramatic changes over the past fifty years. 

As global central banks hike rates to rein in inflation, and businesses battle with sourcing goods through choked supply chains exacerbated by the war in Ukraine and Chinese lockdowns, Africa finds itself with a growing problem–accessing US dollar liquidity.

Your Monday morning coffee briefing from TFG: Euro hits parity with US dollar for the first time in 20 years

Elitza Kavrakova from Raiffeisen Bank International AG discusses how, despite years of discussion, commercial bankers have not seen much improvement in the process of de-risking.

The latest issue of TFG’s Trade Finance Talks, ‘Supply chain disruption: the new global food crisis’ is out now!

Correspondent banks are a key part of cross-border payments facilitating the flow of trade between different jurisdictions. 

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.

Stablecoins are a class of cryptocurrency that seeks to provide stability for its users by maintaining its value by pegging it to that of a reserve asset, usually one of the current significant fiat currencies such as the dollar. 

The latest issue of TFG’s Trade Finance Talks, ‘Trade on a knife’s edge’, is out now!

This article looks at the URDTT as it is applied to the first known commercial application: the eDTT Workspace.