Philip Bowkley, co-chair of BAFT’s Global Payments Industry Council talks to TFG about the future of global payments, cash and liquidity
We heard from Natasha Condon, Global Head of Core Trade at J.P. Morgan, on her take of how the trade finance market has fared in recent months, since joining the bank in 2020.
SWIFT and Lloyds Banking Group announce world’s first go-live of gpi Instant connection in the UK, with benefits extending far beyond.
TFG is proud to be partnering with TXF for their latest event: TXF Global Trade Virtual 2020, which will be held on the 8-10th December 2020
In this article, John Dunlop takes a look at a documentary trade payment (DTP) and whether it can be substituted for a documentary collection using UCP rules.
TFG heard from José Manuel Campa, Chairperson, EBA on the key initiatives taken by the banking sector to support the economy post-Covid such as technology and innovation in banks and prevention of financial crime.
Correspondent Banking should in the future reinvent itself to accompany to be an ideal companion to technical assistance and be a key milestone potential ahead for the Africa market.
Here the story has been less dramatic. After the initial collapse in the pound to a 35-year low against the USD and 11-year low against EUR, we’ve seen a recovery to a level slightly above the average since the Brexit vote.
TFG’s Ross McKenzie spoke to Singapore based Mike Walker, Finastra, discussing the relationship between banks and corporates, and a reality check on the current state of technological innovations and digitization to open up opportunities in trade and SCF.
Unexpected and unpredictable, COVID-19 has already made a huge impact on global economies and markets, including the currency market.
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.
TFG heard from Joel Schrevens, China Systems, shedding light on trade data. Is SWIFT MT7xx or ISO20022 the right way forward? Why didn’t the BPO take off?
ISO 20022 is the messaging standard for all types of financial services messaging. Dominic Digby discusses ISO 20022 for trade finance.
ISO 20022 is the new global language for payments messaging, helping make the quality of data, richer, structured and more meaningful. The payments industry continues to change rapidly and is certainly something that is discussed by most heads of treasury and trade. There is a constant need to adopt global standards within the financial community, and ISO 20022 is one standard that’s taking the lead.
Speaking at Davos, Chancellor of the Exchequer Sajid Javid stated that the UK will be going ahead with its proposed Digital Tax. Expected to be in place for April 1st, 2020 the tax is designed to target multinational corporations/ conglomerates with a revenue derived from either from the provision of a social media platform, a search engine or an online market place.