To date, attempts to digitize trade and trade finance and to connect trading parties have been relatively unsuccessful. Internal processes have become increasingly digital but transactions involving multiple parties are still costly, complex, and largely paper based. This lack of success to date has been due primarily to the limitations of legacy technology systems, platforms, and networks that supported such digitization efforts

SoftBank – A multinational phone, internet, energy, robotics and holdings conglomerate that operates out of Japan has recently injected $2.2 billion into 3 companies operating within the trade/business finance space.

In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.

How are working capital finance schemes and the availability of KYC and AML tools considered amongst UK and European corporates? TFG heard from Simon Kleine, Director at East & Partners Europe, on the key considerations amongst UK and European supply chains.

For the second year running, Global Credit Data releases extensive analytics on loss given default, confirming the positive results from 2018

komgo was established in late 2018 with the purpose of automating global commodity trades. But what is komgo?

Multinational Operators and Local Supply Chains Mid-size and large operators, particularly in upstream Oil and Gas, often need to buy goods and services from local SME firms in the countries… read more →

Technology is widely used to support the internal trade finance processes of African banks, DFIs and alternative lenders. The digital tools that they deploy range from Microsoft’s basic suite of programs to the more sophisticated systems such as Ecobank’s OMNI eFSC (Electronic Financial Supply Chain) software. However, these solutions exist in silos with disjointed usage and application.

Amsterdam Trade Bank and First Abu Dhabi Bank among customers upgraded in record time ahead of regulation deadline

LONDON – The Trade Finance Distribution (TFD) Initiative – an industry-led initiative to make trade finance an investable asset class – has today released a whitepaper discussing the potential for… read more →