Trade Finance Global (TFG) was at the heart of these conversations, offering a unique and insightful perspective on the future of trade finance. After some time to reflect, here are our top takeaways from the jam-packed conference.
Correspondent banking has played a central role in the global payments system for ages. Yet, the traditional correspondent model has been ailing for the past 20+ years.
Thanks to the expansion of the financial dataset available, which is no longer only related to payments, we are witnessing the evolution of open banking towards open finance, a model in which authorised third-party providers have access to information provided by banks, subject to prior customers’ consent.
Britain declared on Monday that it will enact its inaugural set of regulations aimed at the cryptocurrency sector. The rules will necessitate market participants to secure authorisation before offering services… read more →
In the ever-evolving landscape of international finance, one pressing question looms large: Can Central Bank Digital Currencies (CBDCs) truly transform the realm of cross-border payments?
The European Central Bank (ECB) has announced further developments in its project to introduce a digital version of the euro. The Governing Council decided to advance to the next phase… read more →
In an era defined by lightning-fast technological advancements and an increasingly interconnected global economy, the cross-border payments market is undergoing a radical overhaul.
The panel’s moderator, Tom Zschach, Chief Innovation Officer at Swift was joined by Kelly Switt, Global Head of Intelligent Edge Business Development at Red Hat; John Overton, CEO at Kove; Vivek Agarwal, Head of Financial Services Solutions at C3 AI; and Johan Bryssinck, AI Programme and Shared Services at Swift.
Live from Sibos in Toronto, TFG’s Deepesh Patel spoke with Tracey Black, the CEO and President of Payments Canada. In a financial sector renowned for its stability and robust regulatory environment, Payments Canada has been entrusted with the pivotal task of modernising payment systems.
One year after our last conversation at Sibos 2022 in Amsterdam, Trade Finance Global spoke with Ben Ellis, SVP and Global Head of Visa B2B Connect, in Toronto to get answers to these questions on cross-border payments.
