Since the inception of UCP 600, trade finance professionals, in particular, the letter of credit community, have been discussing the need for and consequences of modifications and exclusions to the rules in commercial LCs issued under UCP 600.
Trade and economic activity are advancing at a rapid pace across the Middle East. How are governments across the region evolving and harnessing opportunities to enable high-speed economic activity?
TFG, LIBF, FCI and EBRD are pleased to announce the gold and silver 2021 winners for the International Trade Professionals Programme.
Deepesh Patel, Editor at Trade Finance Global, interviewed Enno-Burghard Weitzel Senior Vice President Strategy, Business Development, Digitization, at Surecomp to discuss MSMEs struggle to access finance and how technology can be crucial to trade growth.
Canada-based software provider Surecomp has today announced the expansion of its Trade Finance-as-a-Service (TFaaS) offering to enable smaller and mid-sized banks to improve their trade finance processing efficiencies and customer… read more →
New potential applications of blockchain technology through the lifecycle of the trade are in constant development. However, so much input and so much promise is detaching us from the most immediate and practical ways of adopting this technology in trade finance.
Enigio Time AB has raised EUR 2.7 million lead by MOOR Holding AB and followed on from current shareholders, including Stockhorn Capital AB. The investment includes an option for the… read more →
The guidance note looks at Term SOFR (SOFR is the Secured Overnight Financing Rate), the ARRC recommended RFR term rate
The trade finance space has seen a huge influx of capital in the development of fintech solutions to address some of today’s most pressing trade challenges.
SINGAPORE & NEW YORK – September 13, 2021 – MonetaGo, a financial technology solutions provider, today announced a new platform to combat financing fraud in trade finance on a global… read more →
The need for trade digitization has never been more prevalent than it is today, especially with pandemic-induced restrictions emphasizing the inefficiency of paper-based trade. Our Editor, Deepesh Patel sat down with Contour’s CEO and Chief Product Officer, as well as TradeLens’ Head of Strategy and Operations, to discuss how fintech can come together to partner to solve these problems.
Never have fragmented reactions, as seen to recent global crises, be that Covid-19, climate change or geopolitical power shifts, illustrated better the acute need to have sustainable strategies in place.
Open account business drives economic activity worldwide, and during times of volatility, uncertainty and of course, the pandemic, the need for solutions when it comes to receivables finance has never been more pronounced.
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
Surecomp® is one of the first technology providers to successfully secure the 2021 SWIFT certification. Surecomp secured this label for its flagship trade finance solutions to support the processing of… read more →