Trade finance, ill-famed for its paper-heavy processes and regulatory hurdles, is being actively transformed through collaboration between banks, fintechs, and tech innovators. Finastra, known for its leading portfolio of financial… read more →
Michael Harte, Director, Head of Open Account, Lloyds Corporate & Institutional. The international trading environment continues to show signs of variability. Whilst interest rate pressures in the UK and US… read more →
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 →
International businesses have watched the recent imposition of trade tariffs with a degree of trepidation as to the effect on their own supply chains and business operations. With the establishment… read more →
Banks have access to an unparalleled amount of data, and are beginning to service clients beyond traditional financing. Anonymised and aggregated spending data can help businesses make more informed decisions.… read more →
The project was conducted with participating banks including Lloyds, Emirates NBD Bank, and Federal Bank Limited. It tested the transmission of electronic trade documents between Swift member banks and WaveBL’s… read more →
Gender diversity in trade finance and transaction banking remains a significant challenge. As the industry grapples with this gender gap, innovative approaches will be necessary to foster a more inclusive… read more →
The traditional, paper-heavy processes that once dominated the trade finance industry are now being replaced by innovative, automated systems designed to streamline operations, enhance efficiency, and reduce costs. This digitalisation… read more →
The transactions involved a sugar shipment from the Americas to the UK, utilising a digital bill of exchange (dBE) created on Enigio’s trace:original platform. Mercore initiated the process by creating… read more →
The end-to-end process of international trade—from issuing documents to shipping goods and completing payments—has been labyrinthine, often mired in paperwork and delays.
