Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 27th August 2019.

Open banking has been taking over as the latest FinTech model of global market disruption, but market implementation so far has been fraught with delays, slowdowns and difficulties. Open banking refers to a financial data aggregation system that will be implemented in banks and financial service channels.

In this interview series, we heard from two invoice discounting experts and learned more about the confidentiality features of this product and the fundamental differences to invoice factoring.TFG’s Persiana Ignatova spoke to Jeff Longhurst and Steve Box, who are members of World of Open Account (WOA).

Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 19th August 2019.

Credit Insurance is an important risk mitigant in international trade. But what actually is credit insurance, how can it be used to facilitate trade finance as a risk mitigant, and what are the key watch-outs a corporate or bank should consider when using credit insurance? We talked to two credit insurance experts about security, policy wording, obligations and what happens when things go wrong.

In this interview series, we heard from two Factoring experts and learned more about the use of this genius concept. TFG’s Persiana Ignatova spoke to Thorsten Klindworth and Peter Brinsley, who are members of World of Open Account (WOA).

We spoke to the winner of the Queen’s Award for Enterprise & International Trade, Imran Arshad, founder of Eventuri, in a podcast series for Trade Finance Talks. The UK exports vehicles and vehicle companions to more than 160 countries worldwide, that’s 81.5% of all vehicles produced in the UK.

Global Credit data has just released a new report – the IFRS 9 Report – which demonstrates that banks’ expected credit loss estimates may vary by at least factor 4. Results from the study suggest that the IFRS 9 framework is yet to stabilise, given a significant degree of variability.

Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 12th August 2019.

Guidelines to International Factoring Companies engaged in international trade, regardless of their size and industry; often face a demand from the importers for longer payment terms. This means, getting the… read more →