Allianz Trade, a global trade credit insurer, has joined the Trade Finance Distribution Initiative (TFD Initiative). The TFD Initiative is establishing trade finance as an investable asset class for capital… read more →
For centuries, trade documentation has been a time-intensive and resource-demanding process, involving a multitude of stakeholders and a deluge of paperwork. Central to this process is the bill of lading, the most critical document in international trade.
London – 20th September 2023 – CBI is an Italian company that develops digital services – including open banking and open finance services – for the financial industry and the… read more →
Trade Ledger, in collaboration with Microsoft, announced the launch of Aida—a working capital analysis, product matching, and product application tool. Utilising generative artificial intelligence, Aida aims to change how small… read more →
At Sibos, Citi Treasury and Trade Solutions (TTS) has unveiled the initiation and testing stage of Citi Token Services, an innovative platform engineered to improve cash management and trade finance… read more →
The majority of UK law firms (74%) say their IT spending has increased since 2021, according to new research from HSBC UK and Briefing. Part of the reason for this… read more →
Bank of America is augmenting its CashPro Chat service, a key component of the CashPro banking platform used by over 40,000 corporate clients globally. The upgrade incorporates artificial intelligence and… read more →
HSBC has unveiled a digital platform that enables both business and corporate clients to establish accounts for multiple commercial entities across various markets, all from a single location. Through a… read more →
Cross-border payments can play a special role for people and businesses around the world. They allow us to send money to our loved ones, book a holiday of a lifetime, or start a business in another country.
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.
