Sullivan & Worcester has advised the European Bank for Reconstruction and Development (EBRD) on two supply chain finance (SCF) initiatives in Türkiye and Romania, to provide financial support for regional economic recovery.
Donald Trump’s return to the White House has brought instability to global currency markets, as the newly elected president threatens sweeping tariffs against major trading partners. These changes are a likely response to Trump’s threat of implementing tariffs of up to 25% on Canadian and Mexican imports.
The new platform consolidates the bank’s digital transaction banking, financial markets, and digital platform capabilities to facilitate FX payment services across more than 130 currencies in over 40 markets. The… read more →
The Bank of England’s Prudential Regulation Authority (PRA) announced on Friday it would delay the implementation of the Basel 3.1 rules to 1 January 2027 due to “uncertainty around the timing of implementation of the […] standards in the US”.
The global payments processing market, currently valued at $55 trillion, is projected to reach $79 trillion by 2029, growing at an annual rate of 7%. With this in mind, the… read more →
Trade Finance Global (TFG) announces its media partnership with Tinubu for the inaugural Tinubu Conference Day, celebrating 25 years of industry innovation.
The design note outlined four key workstreams that will shape the future of Britain’s digital currency: product vision, scheme regulation, technology architecture, and operational framework. The initiative envisions a public-private… read more →
This comes after it was made public that Indonesia would join BRICS on 6 January, becoming the 10th member of the group of emerging economies. The move is set to… read more →
December saw the trade surplus reach a monthly record of $104.8 billion, up from $97.4 billion in November. Exports rose 10.7% year-on-year while imports grew just 1%. The widening gap… read more →
The scheme allows for the instant transfer of funds in euros within the Single Euro Payments Area (SEPA). As of Wednesday’s announcement, all payment service providers in Croatia must be… read more →
