To successfully digitalise Bills of Lading, the three necessary foundations are law, standards and technology. Without their proper application, any eBL SaaS platform, notwithstanding the attractiveness of the business model, is unstable.
The Single Trade Window (STW) is a technology concept proposed within the 2025 UK Border Strategy, published by the Cabinet Office in 2020. It builds upon the recommendation and guidelines proposed by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT).
As the commodity trading industry looks back on Q1 of 2023, it is evident that the first three months of the year have been marked by a number of significant events.
The financial services industry (FSI) has changed dramatically over the past decades due to technological developments in telecommunications, information technology, and financial practice.
From “Accelerator” to “Zombie Firm”, the fintech industry has numerous terms that often confuse and scare away many people. If one is not involved with the industry, there are endless… read more →
Trade is critical in advancing economies, including those in the MENA region. At the same time, trade finance presents unique opportunities for criminal exploitation, also referred to as Trade Based Financial Crime (TBFC).
Visa has announced a partnership with PayPal and Venmo to trial their new program, Visa+. This new service looks to help individuals transfer money rapidly and safely between different person-to-person… read more →
Lloyds Bank and Enigio have formed a new long-term partnership to increase the use of digital documentation in trade finance through blockchain technology. With this partnership, Lloyds Bank and Enigio… read more →
Persistent structural gaps within and between the world’s economies will decisively influence trade in the years ahead. This was one of the key findings in the latest Future of Trade report.
Tuesday morning, the Institute of Export & International Trade (IoE&IT) and Ernst & Young (EY) released their report, “TradeTech: A pathway for businesses to seize trade opportunities”. Marco Forgione, director… read more →
