Tradetech

Each day, mountains of trade finance data are delivered to banks, requiring urgent processing to support the flow of goods around the world. 

As the clocks strike midnight, we look back at over 700 articles, handpicking our favourite stories that made the headlines in 2021

As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.

Banks and fintechs have not always been the closest playmates, but ITFA’s Andre Casterman is on a mission to help them work together.

TFG announce a Tradecast with Bank of America, covering the impact of the pandemic on international trade and trade finance, as well as a future-looking view on supply chains.

Your morning coffee briefing from TFG. Inflation concerns intensify as cost of energy soars, Boris Johnson reluctant to issue more visas to foreign workers, accelerated energy transition dependent on financial markets, CEOs and world leaders call on governments to reform trade and ADB supports Sanoat Qurilish Bank’s fast-growing base of SMEs with $16.6m credit agreement.

The current banking landscape is going through a makeover. PSD2 and open banking have it’s advantages, but there are also many opportunities to continue to level the playing field, share risks and revisit the rules.

AI, internet of things, robotics – what do they mean for trade finance, particularly in the efforts to combat trade-based money laundering?

Commodity trade finance fraud and losses, along with trade finance digitization, have emerged as common themes in trade finance recently.

The digital transformation of the banking operations of guarantees and documentary credits to shift from the paper-based and labour-intensive models to a digital trade ecosystem.

The TFG / Finastra’s tradecast will explore how corporates are reacting to new levels of volatility, and ultimately, how technology and innovation can help build inclusive, resilient global value chains.

TFG’s Joana Fabiao, had the opportunity to sit down with David Thambiratnam, CEO of Veridapt, a global force in commodity management for over 15 years.

Deepesh Patel, Editor at TFG summarised the key themes discussed during ICC Mexico’s three-day virtual event on The Digital Future of Trade and Supply Chain Finance.

A session by Loh Sin Yong from Infocomm Media Development Authority (IMDA) at TXF’s Global Trade Virtual 2021, explored one potential solution to the now highly paper-reliant trade.

Owing to the pandemic, eUCP Version 2.0 and eURC Version 1.0 rules created by the ICC have received increased interest over the past few months. There is a growing realisation by practitioners that paper documents are causing delays and disruption.