TFG heard from Alexander Goulandris the co-CEO of essDOCS about the different solutions for paperless trade. He exclusively announced the launch of a new product called CargoDocs Match, which will enable trade finance banks to continue to provide BPO-related solutions to their customers after SWIFT discontinues support for the Trade Services Utility (TSU) in 2020.
The Universal Trade Network (UTN), a project initially aimed to allow for interoperability between many of the blockchain and non-blockchain consortia and networks has been renamed and adopted by the International Chamber of Commerce (ICC).
Twitter has changed the way politics is portrayed. Not only has it arguably drifted political opinions further apart, but it has also given rise to issues like false information and hate speech in the political discourse.
Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 30th September 2019.
On 1 July 2019, the long-awaited revised internet eRules and guidelines for online trade finance finally arrived for banks, importers, exporters, freight forwarders, chambers of commerce, customs brokers, logistics companies and carriers, to prepare and present electronic records for documentary letters of credit in lieu of or in conjunction with paper documents.
Before 2019, Sibos made its last appearance in the UK in Brighton, 1985. So, what was the world like in 1985? TFG’s Ross McKenzie reports on the trade themes of Sibos 2019.
The UK government has provided £140 million to support development projects that will provide 7,000 homes with electricity and boost sustainable food supplies in Angola. International Trade Secretary Rt Hon.… read more →
TAS S.p.A. (“TAS”) has announced that its agreement with Anglo-Gulf Trade Bank (“AGTB”), a digital corporate trade bank for international clients based in Abu Dhabi, is now operational. The contract is being managed through its subsidiary TAS Helvetia S.A.
NEW YORK, September 23, 2019 – BNY Mellon today announced a significant expansion of its existing trade finance processing services relationship with KeyBank by implementing an enhanced and updated model… read more →
New Banking Circle insight paper explores opportunities for banks to work with SMEs to deliver better banking solutions London, 23 September 2019 – Today at Sibos 2019, ground-breaking financial utility,… read more →
