In order to reach the goals intended, a feasible plan must be designed. For that to happen, common sense must once again come to the table. There are three points to consider about the road to net zero.
Following on from our first predictions article, the incremental gains for credit insurance, trade and supply chain finance, TFG surveyed 9 more industry experts looking at what we might expect for technology for trade, treasury and payments in 2024.
40% of Britons want to exercise more in 2024, according to Forbes. For many, this means going to the gym, which has almost as many acronyms as trade and supply chain finance.
Businesses and public authorities across the EU may be facing tougher laws on late payments, with the European Commission proposing a new regulation enforcing maximum 30-day terms.
As the polycrisis of nature, climate and social justice unfolds, the notion of ‘business as usual’ is being disrupted. Whilst Scope 1 and 2 GHG emissions are largely under the control of an organisation, Scope 3 are considered the ‘hidden’ emissions, intricately woven into a company’s supply chain.
Buy-now-pay-later solutions will turbocharge growth in B2B e-commerce, combining trade credit insurance with a seamless digital purchasing experience.
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.
The latest issue of TFG’s Trade Finance Talks, ‘Trade Winds of 2023: A Journey Through Trade, Treasury & Payments’, is out now!
At ICC United Kingdom’s annual conference, International Trade and Prosperity Week, TFG’s Deepesh Patel was joined by Chris Southworth, Secretary General at ICC United Kingdom, to discuss the importance for the business of limiting global temperature increase to 1.5° C and what the ICC is doing to support the sustainable transition.
Boosting profits and cutting emissions: How resource companies are embracing digital fuel management
Digital fuel management technology is making the mining industry less carbon-intensive and more profitable amid a mass shift to renewables-generated energy.
The overreaching arc of sanctions regulations is threatening the certainty of payments guaranteed by the smooth functioning of letters of credit (LC) in international trade. This tension recently played out in the Singapore courts in a judgment handed down recently (Kuvera Resources Pte Ltd v JPMorgan Chase Bank, N.A. [2023] SGCA 28).
The ISO 20022 format is a set of data and messaging that is integrated into an instant payment or any other cross-border transaction.
Trade Finance Global (TFG) was at the heart of these conversations, offering a unique and insightful perspective on the future of trade finance. After some time to reflect, here are our top takeaways from the jam-packed conference.
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.