Your Monday coffee briefing from TFG – Commerzbank on standardisation: the key to sustainable trade finance
To catch up on the latest around trade finance digitisation, Trade Finance Global (TFG) spoke with Michael Vrontamitis, lead industry principal for Finastra’s lending business unit.
Your weekly coffee briefing from TFG: E-rules for trade explained – URDTT, eURC, and eUCP
Female-owned export companies are being unfairly excluded from receiving trade finance loans, and more needs to be done to remove gender bias from the decision-making process, according to experts at this year’s World Trade Symposium.
Your morning coffee briefing from TFG: UK manufacturer secures £2 million export contract
Your morning coffee briefing from TFG: Energy expert slams UK’s net-zero strategy as ‘hopelessly unrealistic’.
Your Monday morning coffee briefing from TFG, bringing you the biggest trade finance stories from the last seven days
In our latest podcast, TFG’s Deepesh Patel spoke to Finastra’s Iain MacLennan on fintech collaboration vs competition, the challenge of digitalisation, and helping SMEs emerge from the COVID-19 pandemic
The TFG / Finastra’s tradecast will explore how corporates are reacting to new levels of volatility, and ultimately, how technology and innovation can help build inclusive, resilient global value chains.
Your Monday morning coffee briefing from TFG. UK and Indonesia strengthen trade ties launching the Joint Economic and Trade Committee. Global trade could grow 8% as COVID fightback begins and WTO details impact of regulatory barriers, other factors on costs to trade
Your Monday morning coffee briefing from TFG. A container ship ran aground, blocking the Suez Canal which carries about 12% of global maritime trade. The blockage may take some time to clear, further disrupting global shipping, already beset by high freight costs and delays caused by the pandemic.
More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents
Digitalising these documents may seem like a bridge too far for some banks, but the risks of not investing in these technologies are comparatively greater.
This is not the time to be imposing trade sanctions, it is the time to be lifting trade restrictions and easing tariffs on essential goods. – Simon Paris
TFG heard from Iain MacLennan, VP Trade & Supply Chain Finance, Finastra on how blockchain and DLT can close in the trade finance gap experienced by SMEs.