International Trade

Financial technology solutions provider MonetaGo has been selected by the Association of Banks in Singapore (ABS) to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud.

Your Monday morning coffee briefing from TFG: we.trade enters the trough of disillusionment – what this means for the digitalisation of trade finance

we.trade, a blockchain-based trade finance network owned by 12 European banks and IBM, told shareholders in May that it had run out of cash.

At the BAFT global annual meeting in May, TFG sat down with heads of trade to discuss the current state of trade in Asia. 

The UN’s World Food Programme has warned that the failure to open Black Sea ports is a declaration of war on global food insecurity and will lead to famine, destabilisation of nations, and mass migration by necessity.

Your Monday morning coffee briefing from TFG: How sustainability linked financing can empower circular water projects in MENA

Over the last ten years, nature dependent exports accounted for 40% of annual world trade ($7.4 trillion) – 36% of which stemmed from non-democratic regimes, as defined by the Economist Intelligence Unit’s Democracy Index. 

If the Electronic Trade Document Bill trade bill is passed this year, digital documents will be recognised under UK law, which could prove pivotal for global trade. Could blockchain hold the key to a painless and secure switchover to a digital-first trade world?

TFG spoke to two leading trade credit risk management experts, Marian Berden and Robert Meters of Schumann on how technology has the potential to help business avoid some of the costs and stresses associated with current economic conditions.

Your Monday morning coffee briefing from TFG: Up, up, and away – latest statistics prove record inflation over last 12 months 

Accordion to the ONS latest statistics release, the twelve-month trailing inflation rate in the UK rose to 9% in April – the highest level since the current ONS data set began in 1989. 

TFG interviewed Steven Beck, head of trade and supply chain finance at Asian Development Bank (ADB), to discuss how the trade and supply chain finance landscape has changed as a result of the COVID-19 pandemic. 

Trade Finance Global have partnered with Google (Market Finder) to launch a comprehensive trade finance series of guides.

Your Monday morning coffee briefing from TFG: Key to digitalisation – reducing the trade finance gap without creating unfair biases

Female-owned export companies are being unfairly excluded from receiving trade finance loans, and more needs to be done to remove gender bias from the decision-making process, according to experts at this year’s World Trade Symposium.