The digitisation of trade finance is a work in progress and still in its early days. Banks must ensure that they are flexible in both adapting to and driving innovation.
The succession issue will arise in more than 20 countries this year, putting the stability of many regions in question reports the risk management group.
‘Export or die’ is a well-established maxim, but one with added relevance in the post-Brexit era as exporters seek out new markets around the world.
ING and Société Générale are both reported to be in discussions with commodities traders over LNG trading on a blockchain enabled with smart contracts.
The International Chamber of Commerce (ICC) Banking Commission’s head of policy highlights the appeal of trade finance to institutional investors and explains how to make trade finance more accessible.
Trump’s White House trade adviser Peter Navarro has shared his views on trade deficits and how the US is losing its grip on the economy.
Trade finance fraud has claimed some high-profile victims, including major Chinese banks. However, the elimination of paper-based documentation should reduce the ability of the scammers to strike.
Even before the proposed tariffs threatened by America on imports heightened fears of a trade war, life was getting more difficult for companies that want to conduct business in China.
The new US president’s announcement that he will follow through with his campaign promise will impact both the currency and the money transfer market.
A recent survey conducted by fintech C2FO suggests that European corporate treasurers have technology investment in trade finance as a priority for the year ahead.