Unlocking cash flow and savings with working capital optimisation tools
by Jack Large
PayStream Advisors report on impact of Accounts Payable Automation, Dynamic Discount Management, Supply Chain Financing and Virtual Accounts
Trade Finance
Background
Trade finance helps to make international supply chains work smoothly and efficiently. Finance costs in the supply chain can be material. As a general principle, supply chains are most efficient when…
Read moreCorporate supply chains subject to unprecedented number of terrorist attacks
by Bija Knowles
Global supply chains suffer three terrorist-related attacks per week, with huge costs for commercial enterprises. 'Corporations must take notice and prepare accordingly' says BSI
BPO slowly increases corporate appetite for digital trade
by Bija Knowles
The bank payment obligation has been around for some time but uptake has been slow. The first BPO transactions have now been processed in Austria - could more companies choose BPO in future?
Supply chain visibility linked to profitability
by Bija Knowles
Visibility over the supply chain is a huge problem for companies, with only 6 per cent of firms claiming to have full visibility of their global supply networks
‘Belt and Road’ bolsters support for RMB as its use in global payments declines
by Kylene Casanova
Fewer than two per cent of global payments are done in renminbi but the currency still has strong support. SWIFT identified five factors contributing to the Chinese currency's success
SCF: UK exporters support; Tradeshift teams with banks; ICC - Rethinking Trade report
by Kylene Casanova
ICC: Some 61% of banks report more demand than supply for trade finance in the global market
Will fintechs step up to fill the trade finance gap?
by Kylene Casanova
There is an estimated $1.6 trillion of untapped demand for trade finance services, while technological innovation has yet to make any truly disruptive impact on the sector
Corporate executives expect trade to increase globally – survey
by Kylene Casanova
Executives are optimistic about the state of the world economy and are increasingly buoyant about trade levels and economic conditions in their home countries, according to a survey by McKinsey
The cost advantage when supply chains get shorter
by Kylene Casanova
Being able to respond quickly to changing markets and cutting logistics costs in the supply chain has become a key consideration for companies who are keeping their supply chains short
Future of trade: transformation through disruptive technologies AND agility
by Kylene Casanova
TradeIX trade finance block chain platform and predictive ordering solutions combined with flexible supply chains
Smart contracts are the future of trade – but what are their limits?
by Kylene Casanova
Smart contracts could bring greater efficiency to business processes such as trade finance – but there are downsides that any business considering using digital contracts should be aware of
Blockchain is about to take off but there are hurdles ahead
by Kylene Casanova
We must resolve issues of security, privacy, law and computer processing capabilities before we see the first wider uses of blockchain in the financial industry
A road map for digitising source-to-pay but invoices difficult to automate fully
by Kylene Casanova
McKinsey report shows the potential is for huge improvements across the entire process maximising the use of the latest technologies and thinking
Are you losing revenue through poor supply chain management?
by Kylene Casanova
Complex supply chains are getting harder to manage and risks can go undetected, despite the promise of innovative technology that will help to handle transactions simply
The digital opportunity in the supply chain
by Kylene Casanova
In an interview with McKinsey's David Schwartz, the two digital experts outlined some of the things executives should be doing and thinking differently when it comes to digital innovation
Financial services face 6 obstacles to blockchain adoption
by Kylene Casanova
Before blockchain can change the world of financial services – from remittance, trade finance, securities trading and insurance – it will have to overcome six key challenges
IBM launches first blockchain service for companies
by Kylene Casanova
IBM has launched IBM Blockchain, opening the doors to more financial services for corporates as well as consumers
Blockchain momentum gathers as supply chain product due by end of 2017
by Kylene Casanova
Technology firm IBM and shipping company Maersk have teamed up to produce a logistics platform based on blockchain for the global freight industry
As financial services embrace DLT, what are the risks and weakest links?
by Kylene Casanova
While distributed ledger technology promises a securer and more transparent way to pay and transact, any system is only as strong as its weakest link. So what are the risks of DLT networks?
Purchase Order Finance: a new and earlier source of working capital for SMEs
by Kylene Casanova
SMECapital Finance develops new platform to offer SMEs a new financing channel
Five fintech trends that will shake payments & cash management in 2017
by Kylene Casanova
What are the hottest fintech trends for 2017 and – more importantly for corporate treasurers and CFOs – how will these trends affect cash management and payments?
What’s the future of correspondent banking?
by Kylene Casanova
This article on gtnews.com really spells out the argument that the age of correspondent banking is coming to an end
2016 Review - July
by Kylene Casanova
KYC services expand to include due diligence across all regulations and regions; BEPS; Capital in the supply chain; Brexit; Understanding and minimising the impact on suppliers of extended payment terms
General slowdown of the Chinese and world economies shown as RMB slips to #3
by Kylene Casanova
SWIFT RMB Tracker shows the euro is now second-most-active currency for trade finance, as values in RMB trade have decreased by 66%and across all currenciesby 35% since October 2013