EP Resources, the Swiss-based energy and commodities trading company, has chosen Surecomp’s RIVO™ solution to automate its trade finance
The Middle Eastern bank Emirates NBD has partnered with Enigio, the technology provider responsible for the trace:original platform
The banks Citi and ING Germany have been working alongside export credit agencies Korea Trade Insurance Corporation (K-SURE) and Swiss Export Risk Insurance (SERV). In collaboration, they have successfully closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power).
A coalition of major supply chain industry associations has thrown its weight behind the “declaration of the electronic Bill of Lading” (eBL). This development adds momentum to the commitment towards modernising international trade documentation.
Cleareye.ai’s ClearTrade technology will be implemented starting this month. The AI system aims to automate and streamline processing and compliance reviews of trade documents for Lloyds Bank’s clients. The technology… read more →
This initiative reflects TFG’s dedication to maintaining high editorial standards and delivering impactful content to its rapidly growing audience of over 160,000 readers and 7.1 million organic impressions per month.… read more →
The payment card services provider Visa has signed a worldwide agreement with Revolut, the financial technology company and payments app, to launch Instant Card Transfers for Revolut Business customers.
After 17 years of negotiating its ascension, Comoros has become the 165th member of the World Trade Organization (WTO) as of 21 August 2024. Comoros also accepted the WTO Agreement on Fisheries Subsidies, bringing the total number of acceptances to 82.
In the water sector, a drop in infrastructure financing challenges creates ripples across global markets. Export Development Canada (EDC), Canada’s state-backed export credit agency, has reportedly incurred significant losses after selling loans made to the debt-burdened UK utility Thames Water.
ABN AMRO Bank has gone live using Commercial Banking Applications AS (CBA)’s IBAS to help combat financial crime.
