Micro, small, and medium-sized enterprises (MSMEs) employ over 70% of the world’s workforce, and their supply chains contribute up to 90% of global business. These organisations are projected to be… read more →
The draft convention, approved on Monday, 14 July, during UNCITRAL’s 58th session, addresses a legal gap that has hampered international commerce. Until now, only maritime transport has benefited from widely… read more →
The CEPA has been nearly 10 years in the making, but stalled over disagreements on palm oil, Indonesia’s second-largest export. The EU currently imposes tariffs on refined Indonesian palm oil… read more →
The losses to the global financial ecosystem caused by fraud and non-payment are immense, but pain points are most acutely felt in emerging markets. This makes the need to increase… 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 →
In the age of real-time payments, compliance pressures, and digital disruption, the financial industry faces a paradox where the faster money moves, the more difficult it becomes to keep infrastructure… read more →
Where AI is creating the most impact Trade finance operations have traditionally been paper-heavy and time-intensive, making them prime candidates for AI-driven automation. Several key areas are seeing transformation: Document… read more →
Global GDP is projected to slow to approximately 2.8% by 2026, down from the robust 3.3% expansion recorded in 2022’s post-pandemic rebound. The deceleration reGlobal GDP is projected to slow… read more →
Discover how the Trafigura legal battle illustrates the challenges of trade finance and the unseen risks of fraud.
Since the general downturn in the cryptocurrency market in 2022, stablecoins—crypto tokens pegged to a fiat asset like the US dollar—have steadily taken over more of the cryptocurrency market. Investors… read more →
