The life of a corporate treasurer is changing, and so is transaction banking. TFG spoke to Lesley McNamara at BAML on integrating product offerings, digital banking trends, corporate treasury and trade updates.
Facebook recently announced a “blockchain powered currency” called Libra which appears to be a potentially game changing development in payments. Although there is scepticism and uncertainty, Facebook’s Libra initiative is something to be encouraged and applauded. With the caveat that FB needs to be watched very carefully as it has over the years proclaimed in its various mission statements that it wants to “move fast, break things, build things and add stable infrastructure”.
The U.S. legislative body has set congressional hearings after several lawmakers raised concerns hours after social media giant, Facebook, announced its entry into the digital currency market via Libra.
Crypto assets (including Crypto currencies) and the technologies which underpin them are important because of the potentially huge benefits to society they can deliver. TFG heard from Manu Duggall on their standing under English law, which will determine whether that law will be chosen as the law of the contract and the forum for disputes over others.
In April of 2019, Surecomp launched Surelab – a new innovation lab created with the sole purpose of centralising the digitisation initiatives
Just two days ago, Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) announced a successful proof-of-concept (POC) using R3’s Marco Polo trade finance platform. SMBC has been participating in a… read more →
The Singapore arm of Standard Chartered announced yesterday the completion of its first blockchain based lend in Singapore, facilitating the shipment of chickpeas from Agrocorp International, based in Australia, to… read more →
Last week HSBC announced that it had settled over three million foreign exchange transactions since the launch of ‘FX Everywhere’ in the last year. A move to orchestrate cross-border FX… read more →
We spoke to Mariana Gomez on Distributed Ledger Technologies (DLT) and Trade Finance, evaluating some of the real world applications of blockchain in trade finance. We spoke to their Distributed… read more →
We spoke to Marilyn Blattner-Hoyle on Blockchain and Trade Finance, taking a look at some of the real world applications of blockchain in trade finance, specifically how AIG are utilising… read more →
Technology and regulations are opening up new opportunities in partnerships, particularly in the new environment of disrupters, intermediaries and paperless trade. This article reviews some of the opportunities, challenges and… read more →
In recent years, the trade finance landscape has seen immense change, driven by a multitude of factors, including policy, consumers, technology and protectionism. A few years ago we were debating… read more →