Banking trade finance products risk being left behind, given the speed at which technology is changing.
Baris Kalay, head of trade and supply chain finance for Europe, Middle East, and Africa (EMEA) at Bank of America, caught up with TFG’s Deepesh Patel at ITFA’s Annual Conference held in Bristol, England.
Insurtech firm Tinubu Square has been named as one of the world’s most innovative insurtech companies in this year’s InsurTech100 list. Sponsored by FinTech Global, the InsurTech100 recognises the world’s… read more →
On the eve of COP26 – the biggest climate summit of the year – the world is more focused than ever on reducing carbon emissions, and on the role that individual companies can play in tackling climate change.
Merchants would go on voyages for several weeks, if not months, in a caravel, carrack or clipper to the Far East, or elsewhere, to buy cotton, wool, tea, spices or other commodities. They would be equipped with a Letter of Credit in their trunk, often handwritten by the clerk of their high street banks.
The pandemic and the ensuing disruptions in how the world produces, transports, stores, and consumes bulk commodities is placing physical inventory control and monitoring in the cross-hairs of revolutionary change.… read more →
British tea and coffee supplier Union Papertech has secured government support for its latest expansion into the production of environmentally-friendly tea bags. The Manchester-based firm has signed a deal with… read more →
A new ICC report, released yesterday, estimates that if G7 countries can deliver on legal reform, standardisation, and adoption of digital records, then trade between them could rise by about 43% above its 2019 value by 2026.
Global technology and management consultancy Capco has signed a new digital solutions partnership with Asia- and US-based insuretech Coherent. The partnership will bring together Capco’s consulting skills and domain knowledge… read more →
A ‘synthetic LIBOR’ safe house will be available following LIBOR cessation at the end of 2021
