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.

The Bank for International Settlement (BIS) announced on Tuesday, September 17, that 41 major private sector financial firms would join Project Agorá, the Basel-based bank’s pioneering wholesale cross-border payments tokenisation project. 

Unpredictability is a defining characteristic of today’s trade finance scape. In this regard, the need for insurance cannot be understated. Speaking to Trade Finance Global’s Deepesh Patel at ITFA’s 50th… read more →

According to recent data from the State Administration of Foreign Exchange, the renminbi’s use in China’s cross-border transactions has hit an all-time high. In July 2024, 53% of China’s inbound and outbound transactions were conducted using the renminbi, surpassing the US dollar in China’s international receipts.

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.