[box] A few new technologies are now being leveraged by retail and high street banks in an attempt to maintain reduce operational costs, ensure security when trading, and facilitate the use of trade finance products. The International Chamber of Commerce recently published an industry report highlighting the benefits of latest technologies involved in global trading… Continue reading Fintech trends in trade finance – what are we seeing in 2018?
Category: Structured Terms of Payment
Structured Terms of Payment
Marco Polo: Innovative Blockchain Trade Finance Project
[box] Some of the world’s leading banks have partnered with TradeIX and R3 to facilitate post-shipment finance powered by blockchain technology. [/box] Leading global banks together with TradeIX and R3 pilot blockchain trade finance solution The initiative, called Marco Polo (www.marcopolo.finance) comprised of a group of the world’s leading banks, together with trade finance technology… Continue reading Marco Polo: Innovative Blockchain Trade Finance Project
INTERVIEW: Krishan Ramadurai, Chair of the ICC Trade Register Project
[box] Following the release of the International Chamber of Commerce (ICC) Banking Commission’s 2017 Trade Register report, we interviewed Krishan Ramadurai, the new Chair of the ICC Trade Register Project to on the low risk nature of trade finance. [/box] How has the trade finance market changed in the last 10 years? In the short-term trade… Continue reading INTERVIEW: Krishan Ramadurai, Chair of the ICC Trade Register Project
The Pound Sterling and 2018 – What’s Likely to Happen?
[box] Sterling is likely to strengthen in 2018; we spoke to analysts at Checkintocash, who are looking at exchange rate views and future trends for the first half of 2018. [/box] The Pound Sterling and 2018 – What’s Likely to Happen? There are a few reasons to believe the strengthening of the pound will be… Continue reading The Pound Sterling and 2018 – What’s Likely to Happen?
Black Monday 2.0
[box] On the 5th of February 2018, the Dow Jones suffered the worst day in over six years. Followed by a global stock market plunge, the Index dropped in average 4.6% – or 1’175 points. It might not have been a drop with the same magnitude than in 1987 or 2008, but for investors, this… Continue reading Black Monday 2.0
NEWS: Trade finance is a low risk asset according to ICC Report
[box] The International Chamber of Commerce (ICC) Banking Commission has released its 2017 Trade Register report—Global Risks in Trade Finance. The report reveals the low-risk nature of transactions that support global trade, and confirms that trade finance products continue to present banks with low levels of credit risk. [/box] [one_third][responsive] [/responsive][/one_third][two_third_last]The International Chamber of Commerce (ICC)… Continue reading NEWS: Trade finance is a low risk asset according to ICC Report
Renewable energy, and the rational choice of project finance to fund it
[box] Renewable energy, and the rational choice of project finance to fund it. [/box] “Earth’s global surface temperatures in 2017 ranked as the second warmest since 1880.” (Source: NASA) This is equivalent to an increase of 0.9℃ when compared to the average temperature between 1951-1980. Despite a proactiveness of governments to tackle climate change and… Continue reading Renewable energy, and the rational choice of project finance to fund it
Singapore uncovers substantial oil theft at Shell’s most prised refinery
[box] Following the first alert in August 2017 and an extensive investigation, 17 men were taken under for alleged oil theft from Anglo-Dutch oil company Shell’s refinery in western Singapore, one of its’ most important production sites in the world. [/box] Oil Scandal On January 7th 2018 17 men aged between 30 and 63 were… Continue reading Singapore uncovers substantial oil theft at Shell’s most prised refinery
Currency Exchange Rates, what did we see in 2017 how can businesses prepare for 2018?
[box] Currency markets and currency conversions are often complicated, but by understanding the basics, looking at bank forecasts and looking at how exchange rates can affect a businesses bottom line is incredibly important for the P&L. 2017 was a year of volatility, just looking at the major currency pair fluctuations in October – December 2017,… Continue reading Currency Exchange Rates, what did we see in 2017 how can businesses prepare for 2018?
TRADE & GDPR: How to prepare your business for the GDPR legislation taking effect this May
[box] With less than 6 months to go, the clock is ticking – it is now imperative that those working in international trade prepare for the impact of the EU’s General Data Protection Regulation (GDPR) that will become the law across the EU on 25th May 2018. This will apply to all companies that offer… Continue reading TRADE & GDPR: How to prepare your business for the GDPR legislation taking effect this May
5 Tips for Shipping Goods Overseas
[box] Shipping products, goods and cargo overseas can be tricky business, but if done correctly, can be fruitful and profitable for those businesses looking to grow. [/box] It goes without saying that exporting overseas can help increase customer base, stimulate competition, access more markets and establish presence in other countries, and drive turnover and bottom… Continue reading 5 Tips for Shipping Goods Overseas
Foreign Exchange and Trading Predictions for 2018
[box] The past year has certainly been momentous for many major markets, particularly in the UK and the US, where the vote to leave the European Union and the election of President Donald Trump sparked volatility and uncertainty which has rippled across most major global currencies and equities markets. [/box] The year has seen the… Continue reading Foreign Exchange and Trading Predictions for 2018
Top 4 Trade Trends for 2018
[box] 2017 was the year of the bull market. While not all indexes experienced gains there were several victors across different sectors. Dow Jones, S&P 500, and Nasdaq all saw record highs at the start of the year. Looking forward to 2018, we examine four trading trends from 2017 that will continue in 2018. [/box]… Continue reading Top 4 Trade Trends for 2018
What are the most popular cryptocurrencies in trade finance?
[box] While Bitcoin was the first, there are currently more than 3,000 cryptocurrencies in circulation. However, there are just a handful that have real value and liquidity; many can be discounted altogether. Some cryptocurrencies were created for humour like ‘Coinye’, others part of part of elaborate pyramid schemes, and some have no assigned or real… Continue reading What are the most popular cryptocurrencies in trade finance?
Explained: Auto and Car Dealer Finance
[box] Vehicles are an everyday essential for most consumers in many markets. Motor finance for cars, motorbikes and LCVs are one of the fastest growing consumer products, yet there’s still limited understanding of how it works, and what products auto dealers can have access to for their customers. We’ve summarised 5 appropriate finance structures for… Continue reading Explained: Auto and Car Dealer Finance