More traction for trade digitisation
by Ben Poole
On the vendor side, both Bolero and China Systems have highlighted the increasing digitisation that is flourishing in the trade space.
Trade Transaction & Payment Services
Background
Getting paid for international transactions, commonly known as Export Receivables, is very different from collecting payments from local companies due the extra documents and processes involved. Key…
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CTMcast - 21 May 2020: Business models, increased automation, FX risk, global trade, & climate change
by Jack Large
Jack, Ben and Nick Franck review CTMfile’s posts over two last weeks
Can the pandemic be a catalyst for global trade digitisation?
by Ben Poole
Temporary concessions to digital trade instruments during the pandemic offer a tantalising glimpse at what could be.
Finding solutions to supply chain stresses
by Ben Poole
With pandemic pressure ramping up on global supply chains, large corporates and smaller suppliers are looking for answers.
Severe lack of due diligence on business supply chains exposed
by Ben Poole
Refinitiv research shows 43% of third-party relationships are not subject to any form of due diligence checks.
Deutsche Bank goes back to basics with new Guide to Trade Finance
by Jack Large
Deutsche Bank has released its Guide to Trade Finance, outlining the fundamental practices and rules critical to the trade finance
Digital trade finance hits new milestones
by Ben Poole
Baosteel and Rio Tinto complete first deal on Contour, while Traydstream integrates with Finacle TradeConnect.
Ethical Payments Foundation targets silo thinking
by Jack Large
EPF aims to join up the silos of disconnected expertise for emerging countries
US economic indicators reveal initial COVID-19 impact
by Ben Poole
Data from Citizens Commercial Banking and U.S. Bank shows the early tumult caused by the pandemic.
It’s quantum, baby! Trade finance technology leaps ahead
by Ben Poole
Partnerships between Taulia and J.P. Morgan, and Singapore Management University and Tradeteq, show how the space is pushing forward.
ICC looks to digital to ease trade finance market disruptions
by Ben Poole
Guidance calls on governments and central banks to immediately void the legal requirement for paper-based documentation.
Industry roundup: 22 April 2020
by Ben Poole
News in brief from Basware, Barclays, The World Bank, and Nacha.
Industry roundup: 21 April 2020
by Ben Poole
News in brief featuring RBC, SmartStream, Mastercard and more.
83% of UK, US and Chinese firms considering alternative trade finance providers
by Ben Poole
Firms are looking for providers that can arrange access to faster and more agile funding to help navigate the effects of COVID-19.
Blockchain and AI unlocking trade efficiencies
by Ben Poole
Exponential technologies are slashing the time it takes to make trade transactions.
Trade set to plunge as COVID-19 upends global economy
by Ben Poole
Global trade is expected to fall by between 13-32% in 2020 as the COVID 19 pandemic disrupts normal economic activity.
UKEF expands protection against non-payment for UK exporters
by Ben Poole
UK Export Finance to offer export insurance in all major markets in response to COVID-19.
Singapore and Australia agree to enhance financial services data connectivity
by Ben Poole
The two countries have signed a suite of MoUs designed to help both capitalise on the digital economy.
New regulations in the US fuel the spread of transaction cost analysis
by Ben Poole
Greenwich Associates research shows just 10% of US asset managers have a TCA specialist, compared to 25% in Europe.
Standard Chartered joins TradeLens
by Ben Poole
The blockchain-enabled digital shipping platform has been jointly developed by A.P. Moller - Maersk and IBM.
Oil price war and coronavirus: global recession is almost inevitable
by Jack Large
Nigel Green, chief executive and founder of deVere Group ponders global future
Trade finance partnerships increase options for corporates
by Ben Poole
ITFA and TFD Initiative target secondary trade finance market, while Contour and TradeCloud expand digital LC offering.
OCBC Bank scores initial use of Singapore Customs’ electronic banker’s guarantee programme
by Ben Poole
The electronic banker's guarantee was issued by OCBC Bank on behalf of vCargo Cloud.
Marco Polo’s innovative Irrevocable Payment Commitment breaks new ground
by Jack Large
Blockchain trade finance platform battle increasing with new trade instrument