Barclays and TransferMate have announced a new partnership, bringing an international receivables solution to the market, with the aim to reduce transaction costs and save time for UK businesses. Barclays… read more →
The United States Dollar has been the de facto global currency for the better part of the past century. While rhetoric questioning its longevity in this role has been around for decades, the past year has seen more leaders of rapidly emerging economies beginning to question why it still needs to be this way.
Today, BNP announced a collaboration with the Bank of China, launching a new digital wallet service and wallet applications for e-CNY, the digital currency of the Chinese yuan. Both banks… read more →
The resilience of Ukrainian businesses deserves special attention. Entrepreneurs have not only survived the beginning of the war, but continue to develop their businesses. According to a survey, as of March 2022, only 13% of enterprises were operating as they were prior to the war, 48% were operating at partial efficiency, and 35% suspended operations and were waiting for better times.
Visa has announced a partnership with PayPal and Venmo to trial their new program, Visa+. This new service looks to help individuals transfer money rapidly and safely between different person-to-person… read more →
Allianz Trade in Asia Pacific announced its venture into the rapidly growing B2B e-commerce space and has secured the first partnership with Singapore-based B2B Buy-Now-Pay-Later (BNPL) company Bueno.money. Through the… read more →
Persistent structural gaps within and between the world’s economies will decisively influence trade in the years ahead. This was one of the key findings in the latest Future of Trade report.
Australia is a very attractive destination in this sense, as the Australian government has a very open policy towards foreign investors.
Your Monday morning coffee briefing from TFG, 13th March 2023
DLT offers the financial services industry a new piece of infrastructure to push the boundaries of Open Banking. But it doesn’t come without its challenges. TFG heard from tradetech expert André Casterman on future use cases for blockchain in assets, trade and transaction banking.
