This article discusses the potential benefits of using blockchain technology for trade finance activities and highlights the significant challenges facing blockchain adoption.
We take a look at the role of multilaterals and public-private partnerships can help the trade finance community achieve sustainability objectives.
Global Supply Chain Finance Forum issues payables finance guidance to drive further clarity on terms and techniques
TFG spoke to an expert group of global commodity traders to look at the key developments in commodity markets over the past few months, with a focus on the agri and softs sector.
WASHINGTON — BAFT, the leading international transaction banking association, announced today the formation of its Global Payments Industry Council (GPIC). The GPIC’s primary purpose is to set BAFT’s strategic agenda… read more →
Trade finance has been undergoing a digital revolution for decades. But the advancement of new technologies such as blockchain and distributed ledger technologies (DLT) have accelerated this. A recent 2020 study by TFG and WTO shows 12 initiatives using DLT in trade finance (both open account and documentary trade).
The age old problem of document digitization in trade has probably been around since goods were traded using stone tablets in the Mesopotamian era. So who’s making a dent using blockchain / distributed ledger technology? From the updated WTO / TFG periodic table of projects in trade, we reveal 12 projects tackling this head on.
As part of a wider strategic partnership with TXF, TFG are delighted to announce that we are supporting TXF Global Commodity Finance 2020, a 2 in 1 industry-leading event combining a physical and a virtual version.
The guide is aimed at Small and Medium sized Enterprises (SMEs) which are importing or exporting, both overseas and domestically.
How can SME Climate Hub create an ecosystem to enable SMEs to leverage climate action as a powerful means of increasing their competitive advantage and help in accelerating the race to a net-zero future?
