The Bankers Association for Finance and Trade (BAFT), a global industry association for international transaction banking, has released a whitepaper, “ISO 20022 Migration: Lessons Learned”, highlighting some of the critical lessons its members have learned while implementing this ‘new language of payments’.
In the world of finance for micro and small and medium-sized enterprises (SMEs), there’s a clear division between two crucial groups: Capital Deployers and Capital Providers. On one side, we have micro, small, and medium enterprises in emerging markets, brimming with potential due to growing local demand and export opportunities.
The last couple of years have been rough for the economy as a whole and payments in particular. But recovery started building in 2023 and is expected to continue into 2024 — helped by a healthy dose of new technology.
What is the outlook for commodity trading in 2024? Marsh’s Aaron Bailey and Christopher Coppock provide their views.
To date, 12 shipping companies, in addition to numerous corporates, have suspended activities in the Red Sea, instead choosing to reroute their journeys around the Cape of Good Hope in South Africa.
In October 2023, Apple announced all its products will be ‘100% carbon-neutral by 2030’. This objective, in line with the company’s commitment, emerged following the establishment of partnerships with suppliers for ‘green aluminium’.
Due to long mining periods and overblown expectations, industries in the midstream lithium supply chain shoulder the most pressure and are the most fragile in the supply chain.
While it comes with many business benefits, engaging in trade with nations around the world can be a complex process. As a result, it may be tempting to pay your invoices in GBP which, at face value, may seem like a simpler and more beneficial option – but this often isn’t the case.
Abu Dhabi, UAE – February 27, 2024 – The inaugural TradeTech Forum, hosted by the World Economic Forum (WEF), the UAE Ministry of Economy, and the Abu Dhabi Department of Economic Development (ADDED), will convene a global gathering of leaders and experts to explore the transformative power of trade technologies and pave the way for a more efficient, inclusive, and sustainable global trade environment.
In order to reach the goals intended, a feasible plan must be designed. For that to happen, common sense must once again come to the table. There are three points to consider about the road to net zero.
