Finastra, a Worldwide Supplier of Financial Software and Platforms, has Joined Forces with ELCY, an Expert in E-commerce Systems for Managing International Trade Finance. Their Collaborative Effort is Aimed at… read more →
Vinay Mendonca, Chief Growth Officer, Global Trade and Receivables Finance at HSBC, sat down with Deepesh Patel at Sibos Toronto to discuss these shifts and how they are influencing trade finance.
High-interest rates and elevated inflation are pressing suppliers to reduce their cash-conversion cycles
US manufacturing experienced a further decline in June, reaching levels not seen since the initial wave of the COVID-19 pandemic. However, there is a positive aspect as price pressures at… read more →
The UK’s first E-Commerce Trade Commission was launched on 13th June, to encourage 70,000 more small British businesses to trade and export online and help boost the economy by £9.3bn The… read more →
According to a recent study conducted by Grand View Research, Inc., the global fraud detection and prevention market is expected to experience substantial growth, reaching a value of £90.07 billion… read more →
The Single Trade Window (STW) is a technology concept proposed within the 2025 UK Border Strategy, published by the Cabinet Office in 2020. It builds upon the recommendation and guidelines proposed by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT).
Today, Standard Chartered and global payments platform Tazapay announced a partnership to deliver payments and commerce-enabling services as part of the bank’s broader initiative to provide curated financial services on… read more →
The Arab region has seen significant progress in education, particularly for women, thanks to the ambitious Visions for 2030 and the United Nations’ Sustainable Development Goals (SDGs). Governments have prioritised education reform to break generational cycles of poverty, inequality, and stagnant economic growth, leading to Arab women excelling in education and driving regional prosperity.
Trade Finance Global’s (TFG) Annie Kovacevic spoke with Mpho Sadiki, head of realtime payments at BankservAfrica, to learn more about what’s in store for the continent.
When King Henry II composed the first major treatise of English property law in 1187, he lacked the foresight to mention anything related to the ownership of digital assets. Thankfully,… read more →
What is the difference between a red clause letter of credit and a green clause letter of credit? Read TFG’s 2022 letter of credit guide now!
Trade Finance Global surveyed firms throughout Europe to gain an understanding of SMEs’ trade finance usage norms and their propensity to pay for new or additional trade finance products and services.
When using an usance or deferred letter of credit, the issuing bank must make payment by a preset date. This makes planning easier and unlocks working capital.
Despite high inflation, record energy prices, and geopolitical uncertainty, demand for trade finance SMEs is on the rise.