Open account business drives economic activity worldwide, and during times of volatility, uncertainty and of course, the pandemic, the need for solutions when it comes to receivables finance has never been more pronounced.
COVID-19 puts international trade to a halt following the closure of the Ningbo-Zhoushan port in China and causing a global microchip shortage. There are other unanticipated issues to account for, such as the Suez Canal blockage.
Prime Minister Boris Johnson has appointed ten Trade Envoys who will boost British business in dynamic markets such as Australia, Brazil and Canada. These Trade Envoys are set to promote… read more →
SMEs across the UK are fighting back after Covid-19 lockdowns, according to the latest Business Distress Index which looks at how the economy fared in Q2 this year. 9.75% decrease… read more →
Aberdeen-based Reftrade is the first business in Scotland to secure new UK government backing from UK Export Finance. The government backing will enable the business to triple its headcount and… read more →
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
Surecomp® is one of the first technology providers to successfully secure the 2021 SWIFT certification. Surecomp secured this label for its flagship trade finance solutions to support the processing of… read more →
Has digital trade finally arrived with the ICC eRules guidelines? John Dunlop explains how this might be true.
COVID-19 has provided us with an opportunity for a reset, and so has the ICC’s leadership at the Banking Commission. TFG’s editor, Deepesh Patel, sat down with Lynn Ng, the ICC’s new Banking Commission chair, to discuss the ICC’s new governance strategy moving forward, and some of the key priorities for the Banking Commission.
Contour announces partnership with Global Shipping Business Network (GSBN) to offer an end-to-end digital solution that will create a seamless connection between the physical supply chain and the financial system.… read more →
