Money fuels serious crime, including drugs trafficking, human slavery and terrorism. Managing financial crime risk while keeping up with the speed at which trade finance and payments technologies are emerging presents a huge challenge for banks around the world. TFG heard from Standard Chartered’s Global Co-Head, Financial Crime Compliance, David Howes.
Tokenization is a concept with the potential to solve many trade financing problems that exist for business. TFG heard from Crowdz CEO Payson Johnston.
TFG’s Ross McKenzie spoke to SWIFT’s Fabien Depasse, head of gpi Customer Success at SWIFT about the benefit of payment confirmations and universal confirmations between beneficiaries.
In response to ADB’s recent USD $200mn to boost trade finance in response to the impact of COVID-19, TFG caught up with Manilla based Steven Beck on TFT. The requirements for multinationals and development banks has never been more important in keeping supply chains running.
Macro uncertainty continues to be a key factor impacting growth as we continue to see a slowdown in trade flows. TFG spoke to BofA’s APAC team
Recent trade developments with the US and China had accelerated a trend of companies in the South-East Asian region
We discussed with AIG some of the challenges and opportunities in the trade credit insurance sector. Enabling the much-needed reduction of the trade finance gap, and bringing in a wider array of investors while mitigating the risks of such expansion in the backdrop of geopolitical uncertainty will be a huge challenge in 2020. However, dealing with a broader collection of participants in the trade finance ecosystem in terms of jurisdictions, size of the borrower, types of assets and fintech entrants set us up for interesting times.
Envoy Group, the innovative London based supply chain and trade finance team, is accelerating its expansion following a $13 million institutional investment committed from Alcedo Digital Ventures. With its end-to-end solution focused on Latin American trade, the company can now process significantly greater trade volumes and launch new functionality, including the NVOY Stellar based tokenised payment solution for frictionless and zero cost payment of cross border trades and related services.
With the growth of major players such as Ant Financial in Asia in 2019, TFG asked Accenture’s European Banking Lead, Cecile André Leruste, on her thoughts and predictions for trade and SCF in 2020, focusing on growth coming out of South Asia.
Today we’re delighted to be joined by Simon Ring at Pole Star and Nick Barnes at TradeIX and the Marco Polo Network. This podcast is really about the intersection between freight forwarding, trade and regulatory technology.
We heard from BCG’s Sukand Ramachandran on the consequences of trade wars and Brexit for global trade, and what this could mean for 2020. Will there be a downturn or disruptive shock, or will innovation and new capital help trade in the next 12 months?
Shop Talk: TFG spoke to VP Trade & Supply Chain Finance ahead of 2020, to catch up on what kept tech giant Finastra on their feet in 2019, as well as hearing their top predictions for technology, trade and supply chain in 2020
As we enter into a new decade, TFG spoke to trade experts to give their bets and views for 2020 in terms of trade and supply chain finance. OCR or ML? AI or DLT? Buzzwords and hype or reality?
