CGI’s Trade360 solution will become integrated with fintech Komgo’s Konsole platform, creating what has been described as a “fully digital experience” for Barclays’ corporate clients. Pressure has been mounting on… read more →
This comes in collaboration with HSBC’s newly formed Global Trade Solutions (GTS) business, and the mandate is strictly global. It will involve investing in a portfolio of short-term trade finance… read more →
Stripped down, ‘finance’ looks at financial returns when making decisions about lending and investing. Where ‘sustainable finance’ differs is that it also looks at environmental, social, and governance (ESG) aspects. It… read more →
The Minneapolis-based bank is the first American lender to execute a transaction using WaveBL, a blockchain platform that enables encrypted document transfers between trading partners and their financial institutions. “Our… read more →
While it’s difficult to arrive at an exact figure, it’s widely recognised that, in trade finance, billions are lost each year due to fraudulent practices. High-profile cases like Hin Leong Trading’s bankruptcy and Greensil Capital’s insolvency highlight the vulnerabilities in the trade finance ecosystem.
The facility will be used to extend credit to businesses across African markets, with a particular focus on small- and medium-sized enterprises (SMEs) involved in regional and international trade, according… read more →
EP Resources, the Swiss-based energy and commodities trading company, has chosen Surecomp’s RIVO™ solution to automate its trade finance
Singapore-based fintech start-up Xalts, has announced the acquisition of Contour Network after Contour announced bankruptcy in October.
In July 2023, TFG Distribution Finance was launched to drive liquidity into the trade finance market, from institutional capital, banks, and credit funds, facilitated by TFG and its partners.
Today, the ICC DSI released their 2023 Key Trade Documents and Data Elements (KTDDE) report. The report outlines 14 key trade documents, going into depth on the definitions, purpose, and legal frameworks.
