2024 is set to bring about significant changes in finance and banking. Driven by a convergence of cutting-edge technologies, the industry-wide transition to ISO 20022, the rise of digital currencies, and innovative AI-powered solutions, the year holds promise for considerable advancements and enhanced alignment between fintech and traditional financial institutions.
Following on from our first predictions article, the incremental gains for credit insurance, trade and supply chain finance, TFG surveyed 9 more industry experts looking at what we might expect for technology for trade, treasury and payments in 2024.
As Contour, the last-standing global trade finance project built on DLT moves to its next stage, we should be honest about what this speed bump means for trade, trade finance, and blockchain.
At the ITFA conference in Abu Dhabi, Trade Finance Global (TFG) spoke with Khilola Turaeva, the Head of Trade Risk Distribution for GTS EMEA at Bank of America to speak about the world of global trade asset and risk distribution.
Finastra, a global provider of financial software applications and marketplaces, has announced a partnership with CQUR Bank, an international corporate bank. This collaboration is set to advance CQUR Bank’s technology strategy… read more →
Britain declared on Monday that it will enact its inaugural set of regulations aimed at the cryptocurrency sector. The rules will necessitate market participants to secure authorisation before offering services… read more →
Digital trade finance platform Contour has announced its closure, citing insufficient funding from its bank shareholders. Operations will cease on November 30, leaving users a brief window to complete transactions and download essential data.
The European Central Bank (ECB) has announced further developments in its project to introduce a digital version of the euro. The Governing Council decided to advance to the next phase… read more →
Finastra, a Worldwide Supplier of Financial Software and Platforms, has Joined Forces with ELCY, an Expert in E-commerce Systems for Managing International Trade Finance. Their Collaborative Effort is Aimed at… read more →
In a rapidly evolving world, where businesses are constantly seeking ways to streamline their operations and enhance efficiency, the trade finance sector is no exception.
