In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.
Fintech has disrupted the financial industry positively. It has, among other things, allowed for faster and safer transactions and improved related processes across a range of sectors. Naturally, the question now is, where is fintech headed in the future? What other disruptions should we expect?
How are working capital finance schemes and the availability of KYC and AML tools considered amongst UK and European corporates? TFG heard from Simon Kleine, Director at East & Partners Europe, on the key considerations amongst UK and European supply chains.
For the second year running, Global Credit Data releases extensive analytics on loss given default, confirming the positive results from 2018
The trade finance landscape continues to change, and with that, comes opportunity. We took a review of the key 5 changes in 2019, and what this means for the industry.
komgo was established in late 2018 with the purpose of automating global commodity trades. But what is komgo?
Multinational Operators and Local Supply Chains Mid-size and large operators, particularly in upstream Oil and Gas, often need to buy goods and services from local SME firms in the countries… read more →
Technology is widely used to support the internal trade finance processes of African banks, DFIs and alternative lenders. The digital tools that they deploy range from Microsoft’s basic suite of programs to the more sophisticated systems such as Ecobank’s OMNI eFSC (Electronic Financial Supply Chain) software. However, these solutions exist in silos with disjointed usage and application.
Amsterdam Trade Bank and First Abu Dhabi Bank among customers upgraded in record time ahead of regulation deadline
The growth of e-commerce has seen an increase in the volume of delivery orders. The pervasiveness of smartphone technology and effortless internet access has given a boost to the online… read more →
The banking and finance landscape has changed considerably in the last couple of decades. At a consumer level, access to banking services has shifted to online and app, leading to the demise of high street bank branches.
LONDON – The Trade Finance Distribution (TFD) Initiative – an industry-led initiative to make trade finance an investable asset class – has today released a whitepaper discussing the potential for… read more →
Having recently joined ITFA as members, Trade Finance Global (TFG) heard from 6 interesting fintech startups in the trade and receivables ecosystem, talking at the ITFA Fintech Discovery Day in Helsinki.
TFG spoke to Torsten Pull, SVP, General Manager of Corporate Banking at Finastra on the digitalisation of trade and supply chain finance.
