If regulators and established FIs are to place their faith – and their capital – in Blockchain, it must have a financial crime control framework to match efficiency of the solutions blockchain offers.
TFG heard from World Economic Forum’s Ziyang Fan on bringing policymakers, innovators and technologists together to work hand in hand to solve some of the global challenges.
Singapore & Malta, 23 June 2020 Contour, the Singapore-based open trade finance network, today announced its partnership with essDOCS, the leading enabler of paperless trade. The news follows Contour and essDOCS’ initial… read more →
Considering the stakes involved in managing the AML/KYC compliances are high, banks/ FI should carefully assess the options available with them and look holistically to mitigate the risk.
By leveraging technology for insights, a banker can make well-informed decisions, in compliance with audit and ethics, which are in the best interest of the bank.
Recently, Indian banks have had a number of high-profile fraud cases. In the first half of this year alone, there have been 40 cases of bank fraud reported to CBI. Because… read more →
TFG heard from IFC’s Qamar Saleem on the impact of Supply Chain Finance on domestic banks (and in turn, MSMEs,) in emerging and developing markets.
The Government has announced a range of measures to help boost digital trade and establish the UK tech industry as a global player The new measures will help create and… read more →
Banks, fintechs, and other vendors have a pivotal role to play in this situation to support communities and try to help the economy moving in the short and long term.
How are the rights and obligations of the parties to a credit affected on account of missed deadlines caused by these force majeure events?
