A newly released Visa report into cross-border payments consumer preferences shows a booming industry with a young, varied client base who prioritises security in their payment decisions. Despite a growing… read more →
A deferred payment credit, or letter of credit (LC) available by deferred payment, specifies a tenor for payment of drawings under the LC. The tenor may be stated as a set number of days from a date such as shipment or invoice date. Payments under deferred payment credits are made at the maturity of the stipulated tenor.
A new wave of Trump trade policies targeting Chinese imports of consumer goods from budget online stores like Shein and Temu showcase Trump’s continued efforts to curb foreign imports, using… read more →
While it’s difficult to arrive at an exact figure, it’s widely recognised that, in trade finance, billions are lost each year due to fraudulent practices. High-profile cases like Hin Leong Trading’s bankruptcy and Greensil Capital’s insolvency highlight the vulnerabilities in the trade finance ecosystem.
Read the monthly TFG and ICC DSI column! Hear from leading experts in trade digitalisation and keep up with all the breaking trends.
Read more about the top geopolitical trends and risks 2024! Hear from experts on country, political & trade risks throughout the world.
When the news broke of the collapse of Stenn, once a visionary London-based non-bank trade finance provider suddenly and unexpectedly placed into administration after an application by HSBC in December, it seemed like an unfortunate standalone case of insolvency.
As billions of Chinese across the world usher in the Lunar New Year today, the Year of the Dragon will give way to the Year of the Snake. For those… read more →
The responses assume 2025’s key financial trends: digitalisation through generative AI (GenAI), cloud adoption, and API-driven ecosystems. These come with a strong emphasis on regulatory compliance and environment, social, and… read more →
