The European Bank for Reconstruction and Development (EBRD) has recently unveiled its latest Regional Economic Prospects report. The report provides a comprehensive overview of economic trends across various regions for the year 2023, revealing a diverging pattern of growth.
The increasing frequency, intensity, and unpredictability of climate crises have significant implications for the sustainability of sovereign debt due to the impacts on debtors’ repayment abilities.
For centuries, trade documentation has been a time-intensive and resource-demanding process, involving a multitude of stakeholders and a deluge of paperwork. Central to this process is the bill of lading, the most critical document in international trade.
As our world becomes increasingly digital, the digital divide has widespread implications, and the least developed countries (LDCs) are most likely to be negatively affected.
Lloyds Bank has completed what it believes to be the first transaction under the UK’s new Electronic Trade Documents Act (ETDA) which came into force today [20 September 2023].
High-interest rates and elevated inflation are pressing suppliers to reduce their cash-conversion cycles
To delve into the intricacies of evolving insurance market landscape, Trade Finance Global spoke with David Quehenberger, Trade Finance Lead Underwriter Portfolio Solutions at Swiss Re Corporate Solutions.
Your Monday morning coffee briefing from TFG, 11th September 2023.
Over the last couple of years, we have seen an escalating development of digitalising trade. Fuelled by the obvious benefits, such as reduction of funding, courier, and administration costs, as well as the safety and speed of transferring trade documents digitally.
Transitioning from documents to pixels, from cash to virtual payment gateways, and from local markets to international ones, the sweeping transformation of global trade into the digital world is redesigning the trade finance ecosystem. The alliance between ClearEye and J.P. Morgan represents the metamorphosis of the future of trade finance digitisation.
In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Shirish Wadivkar, Global Head – Wholesale Payments & Trade Strategy at Swift, to uncover the conference’s core themes, the latest Swift initiatives, and strategies to prepare for Sibos 2023.
New! Issue 18 of Trade Finance Talks, “The Rise of Collaboration in a Divided World”, is out now!
The FIT Alliance, formed of BIMCO, DCSA, FIATA, ICC, and Swift, has initiated the “Electronic Bill of Lading Declaration” to enhance the efficiency, reliability, sustainability, and security of global trade through the use of electronic Bills of Lading (eBLs).
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.
From payments, credit and lending, to trade and supply chain finance, the entire financial services industry is being disrupted. Regulatory requirements, industry standards and the environmental, social, and governance (ESG) agenda have accelerated.