Value of UK exports to non-EU countries rises in 2019
Over the past three years, UK exports to Asia and the US grew faster than sales to the EU.
News
Aussie Ombudsman eyes legislation to end late payments
The country's Supply Chain Finance Review has highlighted the flaws in the Supplier Payment Code.
HSBC adds to Australian Business Growth Fund
The A$540m fund will be used to support business growth in Australia.
Half of all reported crime in UK is cyber crime or fraud
PIFMA's Financial Crime Conference found cyber crime and fraud figures are growing exponentially each year.
Bolero launches trade digitisation platform
The Galileo platform includes an advanced user interface, rich functionality and flexible integration.
Mastercard gets approval for domestic operations in China
The company's joint venture with NetsUnion puts it one step closer to domestic bankcard clearing in-country.
Marco Polo’s innovative Irrevocable Payment Commitment breaks new ground
Blockchain trade finance platform battle increasing with new trade instrument
X15 Ventures launches insightful app for small businesses
The Vonto app is designed to provide personalised insights for small business owners.
Tectonic shifts identified in global supply chains
A BofA Global Research report shows that supply chains for 'global' sectors with US$22 trillion in market cap are moving.
Standard Chartered partners with Infor on supply chain liquidity
The strategic agreement will introduce the Infor Nexus network to the bank’s clients to digitise the financial supply chain.
Nacha building online platform for payment data sharing
Phixius will look to modernise and streamline the US payments process.
Barclays extends Visa partnership
The European agreement is designed to drive innovation and support Barclays’ growth into new markets.
Visa USA changes interchange fee structure to encourage usage; overall rates go up
Retailers and authorities can fight these changes by migrating usage to other local ACH systems
US Treasury announces 2020 National Illicit Finance Strategy
Report identifies key illicit finance concerns for the US and establishes a roadmap to modernise the country's AML/CFT regime.
Deutsche Bank partners with SimCorp on integrated fund services solutions in Asia Pacific
The agreement builds on a 14-year partnership between the bank's securities services business and the vendor.
Bank of America dashboard lets businesses view third-party app data
The Business Advantage 360 dashboard can now integrate data from Google, QuickBooks and more.
The Vinetta Project and J.P. Morgan look to close funding gap for female founders
Registration for female founders to apply for the 2020 programming is now open.
Silicon Valley Bank brings virtual cards to the UK
The bank's partnership with Mastercard is designed to provide a flexible working capital solution to UK corporates.
DBS achieves fully digital trade financing settlement on Singapore’s networked trade platform
The first transaction of its kind on the platform involved Audi Singapore and Premium Automobiles.
Compliance spending approaches its peak
Data from Greenwich Associates suggests financial service firms are looking to control costs though outsourcing.
Metro Bank to enable SME direct debits as Bacs member
The bank's business customers will be able to create, collect and manage payments via Direct Debit.
Cyber risk tops concerns for US financial professionals
The 2020 AFP Risk Survey also found that organisations are better prepared to assess risk.
EBA consults on revised guidelines on money laundering and terrorist financing risk factors
The updated guidelines take into account changes to the EU AML and CTF legal framework.
Airwallex and Visa debut ‘borderless’ business card
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