Posts Tagged ‘FinTech’

Bankers and traders can now access a fully comprehensive digital platform by VERIDAPT called AdaptSCF that ensures security, reliability and compliance in the digital trade finance world.

In partnership with ICC Austria, Trade Finance Global’s Editor, Deepesh Patel, hears from Kwabena Ayirebi from AfreximBank and Isaac Mahanke from Standard Bank about trade digitisation, compliance and risk in a post-COVID-19 world.

Your morning coffee briefing from TFG. Goods barometer is nearly 10 points above the baseline value of 100 for the index and up 21.6 points year-on-year, reflecting the strength of the current recovery from COVID-19 crisis. ICC launches, ICC Trade Now, a suite of digital products and services to tackle the global trade finance gap. EU set to unveil digital wallet for post-Covid life

Since Brexit, UK businesses and their EU clients have been hit with increased euro transaction fees which could potentially cost them millions.

By integrating the DLPC structure into trace:original documents, the benefits of a payment undertaking supported by BAFT’s best practices can be enjoyed while avoiding the potential drawbacks of a closed consortium.

A joint Scandinavian venture has trialled digital Export Letters of Credit (LCs) as part of a secure data sharing experiment. The technology group Wärtsilä has joined forces with SEB and… read more →

Payables finance is changing, often driven by the demands of corporates, looking for inclusive and sustainable programmes when considering who to select for supply chain financing (SCF) programmes.

Trade Finance Global (TFG), the leading trade finance fintech, has been selected to join the Mayor of London’s scaleup programme.

Standard Chartered sees co-creation and innovation as a crucial aspect and is committed to continue this momentum of ‘more action, less talk’ by bringing the industry together

Many new fintechs are fielding trade transaction cloud platforms that combine video technology with non-bank trade finance that is going to fill the vacuum created by the banking industry.

DeFi has unleashed a wave of innovation, offering exciting opportunities and the potential to create a truly open, transparent, and immutable financial infrastructure.

TFG heard from IFC’s Qamar Saleem on the impact of Supply Chain Finance on domestic banks (and in turn, MSMEs,) in emerging and developing markets.

Banks, fintechs, and other vendors have a pivotal role to play in this situation to support communities and try to help the economy moving in the short and long term.

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.

By eliminating unnecessary paperwork, Port Community Systems contribute to sustainable transport logistics and support the ambition of meeting global carbon reduction requirements.