American Express adds to supply chain solution for large US corporates
by Ben Poole
The firm's Early Pay solution now includes digital payment features designed to help businesses save time, money and maximise cash flow.
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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In the age of APPs, do we need RfPs anymore?
by Jack Large
Does the low cost and ease of implementation of today’s corporate treasury APPS remove the need for lengthy Request-for-Proposals?
BBVA launches supply chain finance solution in its main markets
by Ben Poole
The tool is designed to help corporates to centralise their payments management.
R3 makes inroads in digital trade
by Ben Poole
The enterprise blockchain operator has acquired an electronic Bill of Lading solution and partnered on a payments and financing supply chain network.
Ant Group enters the blockchain-based global trade platform arena
by Ben Poole
The Chinese tech company has launched Trusple, partnering with a number of global banks.
Rio Tinto and Guangxi Shenglong Metallurgical complete transaction on Contour
by Ben Poole
With this transaction, Guangxi Shenglong Metallurgical has joined the blockchain network for trade finance as a new buyer.
Global trade in services to increase by US$2 trillion over the next five years
by Ben Poole
A report by Western Union and Oxford Economics sees cross-border trade in services rising by 31% to US$8 trillion by 2025.
The US$1 trillion cost of remaking supply chains
by Ben Poole
A report from Bank of America Research finds the cost of reshoring supply chains to be significant but not prohibitive.
Trade’s vital balancing act
by Carl Wegner , CEO, Contour
Remaining neutral whilst giving equal access to trade documentation
Barclaycard attempts to redefine supply chain payments for businesses
by Ben Poole
Barclaycard Payment Intelligence uses data analytics to provide a detailed picture of corporate supply chains.
ICC Trade Register – market trends in trade finance from COVID-19 and beyond
by David Bischof , Deputy Director, Finance for Development, International Chamber of Commerce
The ICC Trade Register shows that that trade finance products present banks with exceptionally low levels of credit risk
Contour partners with essDOCS on trade finance
by Ben Poole
The integration follows the successful Rio Tinto and Baosteel transaction.
‘A guide to trade finance’ and why documentary credits are still around
by Jack Large
Deutsche Bank’s Clarissa Dann and Dave Meynell from TradeLC Advisory review their ‘A guide to trade finance’ and why doc credits are still around
ITFA’s digital trade initiative scores first success
by Ben Poole
The China Systems and Enigio integration digitises trade document flows.
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.
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.