Recognition at the COP27 climate summit that “old economy” minerals are critical to the global energy transition brings new demands for the extractive industry to track their own emissions if they are to meet internal pledges to decarbonise.
Since the UCP 600’s adoption in 2007, concern has persisted over what the Article 35 rule actually requires of an LC issuer if documents get lost in transit between banks.
Behind the looking glass: trade finance insights you don’t want to miss.
In the November edition of Trade Finance Talks will explore these topics but also how, in an increasingly digital world, the payments industry has found itself evolving at a rapid pace.
The evolution of cross-border payments is more exciting than ever. However, for banks, the priority is to use the payment data for compliance and differentiation. So, get your data in order.
The strength of the US currency has amplified already existing headwinds for the world economy. But while central banks have kept up the fight to protect their currencies from depreciation, a USD reversal is something only the Fed will be able to engineer.
New transaction banking initiatives are changing traditional payment processing paradigms.
The arguments for digitalising trade processes are well known. Paper-based processes are inefficient, error-prone, and subject to frequent delays––particularly in times of disruption.
On Tuesday, Maersk and IBM announced that TradeLens, their collaborative blockchain-based global trade platform, will be withdrawn from the market.
To learn more about the cross-border B2B payments landscape, Trade Finance Global (TFG) interviewed Ben Ellis, global head of Visa B2B Connect.
