Technical Committee 68 of the International Organisation for Standardisation (ISO) for financial services standardisation created a common standard, ISO 20022, around two decades ago. This development was transformational. It was… read more →
The sometimes-termed ‘Olympics of banking’ saw the biggest names in banking give speeches and panels over four days covering new developments in the industry, innovation, and emerging themes for the… read more →
The project was conducted with participating banks including Lloyds, Emirates NBD Bank, and Federal Bank Limited. It tested the transmission of electronic trade documents between Swift member banks and WaveBL’s… 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.
Gender diversity in trade finance and transaction banking remains a significant challenge. As the industry grapples with this gender gap, innovative approaches will be necessary to foster a more inclusive… read more →
In 2024, the year of dramatic elections, tectonic shifts in governing power, and heightened tensions worldwide, Sibos attendees are keeping their eyes squarely on the road ahead. This year’s theme,… read more →
The traditional, paper-heavy processes that once dominated the trade finance industry are now being replaced by innovative, automated systems designed to streamline operations, enhance efficiency, and reduce costs. This digitalisation… read more →
The transactions involved a sugar shipment from the Americas to the UK, utilising a digital bill of exchange (dBE) created on Enigio’s trace:original platform. Mercore initiated the process by creating… read more →
The end-to-end process of international trade—from issuing documents to shipping goods and completing payments—has been labyrinthine, often mired in paperwork and delays.
