The resilience of Ukrainian businesses deserves special attention. Entrepreneurs have not only survived the beginning of the war, but continue to develop their businesses. According to a survey, as of March 2022, only 13% of enterprises were operating as they were prior to the war, 48% were operating at partial efficiency, and 35% suspended operations and were waiting for better times.
Visa has announced a partnership with PayPal and Venmo to trial their new program, Visa+. This new service looks to help individuals transfer money rapidly and safely between different person-to-person… read more →
Allianz Trade in Asia Pacific announced its venture into the rapidly growing B2B e-commerce space and has secured the first partnership with Singapore-based B2B Buy-Now-Pay-Later (BNPL) company Bueno.money. Through the… read more →
Persistent structural gaps within and between the world’s economies will decisively influence trade in the years ahead. This was one of the key findings in the latest Future of Trade report.
Australia is a very attractive destination in this sense, as the Australian government has a very open policy towards foreign investors.
DLT offers the financial services industry a new piece of infrastructure to push the boundaries of Open Banking. But it doesn’t come without its challenges. TFG heard from tradetech expert André Casterman on future use cases for blockchain in assets, trade and transaction banking.
Kyriba Corp, a cloud-based finance and IT solutions firm, and Jiko, a vertically integrated financial institution offering its clients real-time programmatic access to the yield and safety of T-bills, today… read more →
Allianz Trade, a trade credit insurance company, Two, a business-to-business (B2B) e-commerce payments platform, and Santander Corporate & Investment Banking (CIB), a trade finance bank, have partnered to provide the… read more →
This article was originally published on December 19 2022 by Watson Farley & Williams LLP. TFG would like to thank Kimarie Cheang and Chengxi Tan for their contribution.
There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.
At the IIBLP’s Dubai Trade Law & Compliance Conference held in Dubai on 15 March 2022, one of the panellists referred to the Solo Industries fraud in a panel discussion addressing the recent Singapore case, Credit Agricole Corporate & Investment Bank (CACIB), Singapore branch v. PPT Energy Trading Co.
To learn more about this latest surprise under the tree, Trade Finance Global’s Deepesh Patel spoke with Geoff Wynne, partner and head of the Trade & Export Finance Group at Sullivan and Worcester.
In the November edition of Trade Finance Talks will explore these topics but also how, in an increasingly digital world, the payments industry has found itself evolving at a rapid pace.
The evolution of cross-border payments is more exciting than ever. However, for banks, the priority is to use the payment data for compliance and differentiation. So, get your data in order.