Correspondent Banking should in the future reinvent itself to accompany to be an ideal companion to technical assistance and be a key milestone potential ahead for the Africa market.
TFG heard from Iain MacLennan, VP Trade & Supply Chain Finance, Finastra on how blockchain and DLT can close in the trade finance gap experienced by SMEs.
The pandemic can be an opportunity for TFTA Member States to weaponise cooperation not only for fighting against COVID-19, but also to achieve deeper integration which in the long run will boost intra-Tripartite trade.
By eliminating unnecessary paperwork, Port Community Systems contribute to sustainable transport logistics and support the ambition of meeting global carbon reduction requirements.
If we could picture the TIR system being implemented in the post-Covid era, it will be a step way forward in going paperless, reducing trade barriers, as well as adding value to existing transit transportation systems.
86% of global banks surveyed are looking to use open APIs to enable Open Banking capabilities in the next 12 months Banks believe regulators are stifling innovation: almost half (48%)… read more →
TFG heard from Tanya and Stephen of Czarnikow discussing the impact of Covid19 on sugar supply chains considering different perspectives.
With the Covid-19 pandemic, our paper-based trade finance settlement system suddenly stopped working. It is about time businesses adopt paperless and digital workflow to safeguard trade finance operations.
In a bid to continue to promote and expand access to finance for small and medium sized businesses, TFG is delighted to announce an exciting industry partnership with the SME Finance Forum, an International Finance Corporation (IFC) managed project.
Hin Leong Trading’s, founded by Singaporean oil tycoon Oon Kuin, collapse sends shockwaves through industry leading businesses to significantly embrace digital transformation.