As cliché as it sounds, transaction banking is in constant transition. In today’s era of continuous innovation, transaction banking still sticks out as the most dynamic and fast-changing area of… read more →
As fintechs began to rise in the early 2010s, it was clear that the position of traditional banks in global finance was about to change. Discourse in and out of… read more →
Supply chain finance has always been crucial in creating working capital solutions for companies. However, as established supply chains are buffeted by events such as COVID-19 or structural shifts caused… read more →
The partnership combines Finverity’s FinverityOS™ system, which provides customisable supply chain finance products to local and regional banks, with Surecomp’s existing trade finance solutions. Through the partnership, banks that are… read more →
Artificial intelligence (AI) has been a modernisation catalyst for the payments industry. However, only a quarter of financial institutions are confident that the technology’s capabilities have been embedded into their… read more →
A ship recycling operation in the port of Alang, in India, is struggling to recycle sanctioned ships as banks refuse to grant ship-breakers the letters of credit needed to finance… read more →
According to the sources, China’s cabinet will review a roadmap charting a stablecoin strategy for the country, which represents a marked U-turn from China’s traditionally hardline stance against digital assets.… read more →
With international trade agreements and supply chains growing increasingly complex in recent years, the use of demand guarantees has expanded significantly. This increase in usage reflects a broader trend toward… read more →
According to Reuters’ sources, RBC and Bank of Montreal are in the “early stages” of placing Moneris up for sale and may still choose to retain some or all of… read more →
In the first half of the year, the dollar index, which measures the US dollar’s strength, fell 10.8%. This marks the US dollar’s worst start to the year since 1973.… read more →
