UK-based fintech Finastra has introduced additional alternative reference rates (ARR) and risk-free rates (RFRs) to its Fusion LIBOR Transition Calculator.  The move enables banks, corporates, and borrowers to calculate ARR… read more →

After three years of effort and numerous negotiations with insurers, banks, law firms, and brokage firms, ITFA has released a Basel III policy form that elevates policy wordings and enhances… read more →

Trade Finance Global announces partnering with SCHUMANN for its Digital Credit Risk Management Conference taking place on the 30th of September of 2021.

The Alternative Reference Rates Committee (ARRC) is announcing recommendations and best practice advice to aid and accelerate the transition away from the U.S. dollar (USD) LIBOR. The committee is recommending… read more →

Deutsche Bank announces the closing of two new 203 million euro social loans with the Republic of Ghana. The financing agreements have a 95 percent insurance cover by the African… read more →

SINGAPORE – Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US$830 million syndicated revolving credit facility (the “Facility”)… read more →

Despite the economic outlook and uncertainties, insurance coverage for trade reaches new peaks in 2020. Trade Insurance Insured exposure was € 2.4 trillion in 2020 despite the Covid-19 pandemic, thereby… read more →

Bankers and traders can now access a fully comprehensive digital platform by VERIDAPT called AdaptSCF that ensures security, reliability and compliance in the digital trade finance world.

Smart Currency Business has collated predictions from major banks and highlighted key factors which may influence the pound, euro and dollar in their latest Quarterly Forecast.

Results from the Berne Union Business Confidence Survey for the first quarter of 2021 indicate that demand for export credit insurance continues to increase.