In a rapidly evolving world, where businesses are constantly seeking ways to streamline their operations and enhance efficiency, the trade finance sector is no exception.
Currently responsible for 3% of global greenhouse gas emissions, maritime transport must decarbonise whilst facing extensive costs and adverse economic operating environments, as well as increasing geopolitical risks.
As the Conservative and Labour Party Conferences are about to commence, new analysis underscores the urgent requirement for enhanced backing to assist UK businesses in manoeuvring through a crucial 15-month… read more →
Lloyds Bank published its “Trade Insights: The changing face of UK trade” report, offering a comprehensive analysis of the evolving landscape of UK trade. The report highlights the transformative changes… read more →
Last month, the euro zone saw an unprecedented reduction in circulating money as banks cut back on lending and savers stashed away their funds. These developments are direct outcomes of… read more →
Both CargoX and Enigio, who operate as independent providers of electronic trade document solutions, have jointly engineered and successfully demonstrated the ability to exchange original electronic trade documents. The document… read more →
Finastra today announced a multi-year global agreement with Microsoft focused on trade platform modernisation, building on the existing availability of Finastra Trade Innovation in the cloud. Delivering the full functionality of… read more →
High-interest rates and elevated inflation are pressing suppliers to reduce their cash-conversion cycles
Bank of America is embarking on a multi-year initiative to digitise trade finance through its new platform, CashPro Supply Chain Solutions. Aimed at optimising working capital and streamlining processes, the… read more →
Over the last couple of years, we have seen an escalating development of digitalising trade. Fuelled by the obvious benefits, such as reduction of funding, courier, and administration costs, as well as the safety and speed of transferring trade documents digitally.
