The Vienna-based financial service provider will implement Traydstream’s platform to process export letters of credit, amendments, and document scrutiny: areas which have traditionally required manual processing. The partnership, announced on… read more →
Mastercard has launched an ambitious new service to speed up commercial cross-border payments in light of surging international trade flows.
With banks constantly looking to achieve growth objectives and remain competitive, middle-market growth corporates present an opportunity hidden in plain sight. These companies, which in some cases reach $1 billion in annual revenue, are in fact large enterprises in the making: attractive targets for banks.
It’s hard to ignore the continued growth and influence coming out of Asia for trade. Asia’s trade growth continues to surge, with the Asian Development Bank (ADB) forecasting 5% growth in 2024, driven by strong domestic demand and recovering exports. Regional integration and modern trade agreements are enhancing resilience in key sectors like food and technology. Asia also benefits from rising demand for tech exports, particularly semiconductors, driven by AI. However, risks such as geopolitical tensions and protectionism remain.
The firm is has been majority-owned by Santander since 2020, and offers cash and foreign exchange risk management services in over 130 currencies. It also services cross-border payments. The company first… read more →
The company, which launched its first liquidity pool on Base in September, aims to address financing challenges faced by payment providers, particularly in emerging markets. Cross-border payment companies often grapple… read more →
In an era of complex global transactions and stringent compliance measures, the question of how much information is too much arises. In trade finance, compliance, regulatory, and fraud-prevention checks are increasingly demanding, and while access to data has never been greater, the challenge remains: how do we make sense of it all?
The founder of a small business, built from the ground up, receives a call from someone representing the financial technology company they bank with. The caller says that some transactions on her company account have been blocked and that they need her security information.
The study examined the working capital performance of 947 publicly listed firms across 12 APAC countries and territories and 21 industry groups, over the last five years. Days receivable, a… read more →
Swift, the global financial messaging system, has partnered with Wise, the international money transfer company, to expand cross-border payment options for financial institutions and their customers worldwide.
