TFG heard from Theo Cooke, Engagement Manager at Orbitt Capital on the state of the African trade finance gap.
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.
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 →
TFG spoke to Ibrahim Farag, CEO and founder of Diaspora International, about his ambitious plans to bridge the $1.5 USD trillion trade finance gap between underbanked nations in emerging markets and SMEs in more developed markets through a trust and recommendation-based model.
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.
Last week, Dubai based TradeAssets announced the launch of a trade finance e-marketplace for banks. The banks, primarily Bangladeshi, are helping to bridge the gap in the secondary market for trade finance banks.
Trade finance due diligence is becoming both more critical – not least due to the heavy sanctions in place for regulatory non-compliance – and more complex.
London, 20 February 2019 – Diaspora International announces plans to open a digital trade finance bank, adding to the challenger bank scene.
London, 12th February 2019. Trade Finance Global announces the Winners of the 2019 International Trade Finance Awards. Following a year of geopolitical uncertainty, technological disruption and competition, the 2019 International… read more →
In the run up to a potentially ‘no deal’ Brexit, the Secretary of State for the Department of International Trade, Liam Fox MP spoke about the UK’s future role in… read more →
Bank Payment Obligation can act as a gateway for further trade finance technologies, says new Commerzbank whitepaper The whitepaper, “Leading the path of digital evolution” explains how increased market adoption… read more →
An interview with Christian Lanng, Founder, CEO and Chairman of Tradeshift, talking about supply chain innovation and digitalisation for trading corporates and SMEs. Tradeshift drives supply chain innovation for the digitally… read more →
An interview with Raj Uttamchandani, Executive of Trade Finance Market, talk about the provision of liquidity for global trade amongst SMEs. Trade Finance Market – founded in 2015 to utilise… read more →