Technology

Bill Paul, one of the most recommended Logistics Recruiter on LinkedIn, discussed the future of jobs in the Freight Forwarding industry.

A session by Loh Sin Yong from Infocomm Media Development Authority (IMDA) at TXF’s Global Trade Virtual 2021, explored one potential solution to the now highly paper-reliant trade.

The need for trade finance digitization has never been clearer. In today’s pandemic-ravaged landscape, banks face multiple challenges, including the legislative shift to digital trade documents and growing regulatory scrutiny, changing customer behaviour and increasing competition in the form of trade finance investment funds.

By understanding how paper documents work, we explore whether trace:original by Enigio, is an alternative way of approaching digital trade.

WTO, TFG and ICC have today launched their latest publication ‘Accelerating trade digitalization to support MSME financing’

A three pillar approach to achieving a more sustainable and inclusive future for global trade

Data will be at the centre of a brave new world in trade finance – Natasha Condon, JP Morgan

Collaboration with the scientific community stands to fast track technology in insurance and surety. We should be doing more to build these bridges.

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.

Operations everywhere have been impacted by the pandemic, though the obstacles faced in collateral management remain particularly challenging.

Ziyang David Fan at World Economic Forum discusses how TradeTech can help build a resilience in global value chains (GVCs)

A documentary trade credit (DTC) is a trade finance substitute for a commercial bank documentary letter of credit. A DTC is issued and negotiated under the same UCP guidelines as a documentary letter of credit; except the funds supporting the instrument are available with a third party international escrow company instead of a commercial bank.

Covid-19 lockdowns have disrupted global supply chains across the board and placed the concepts of reshoring and resilience on every policymaker’s lips. A new report from Euler Hermes examines how the pandemic could push manufacturers to rethink their supply chain strategies.

A commentary and foreword by ICC’s Secretary General John W.H. Denton AO and WTO’s Deputy Director-General Xiaozhun Yi, following the launch of WTO and TFG’s 2020 Blockchain for Trade publication.

Hong Kong, China. Trade Finance Global (TFG) and World Trade Organization (WTO) have today launched their updated Periodic Table of DLT Projects in Trade, at the Hong Kong Fintech Festival.