The ICC published these principles in October 2024, establishing clear guidelines to help financial institutions, corporates, and investors direct capital towards sustainable and inclusive trade finance. “Standard Chartered first introduced… read more →
The acquisition, announced on Monday, will integrate ELCY’s multi-bank platform, called elcyMBP, into Surecomp’s RIVO™ ecosystem. The deal brings together two established players in the trade finance technology sector. Toronto-based… read more →
Most discussions of industrial policies centre on the manufacturing sector, overlooking the fact that services sectors account for much larger shares of almost every nation’s GDP. The service sector trade… read more →
The partnership will see MonetaGo’s Secure Financing system, which helps lenders detect duplicate financing and falsified documents, embedded within Oracle’s existing suite of products. “Fraud exists in every jurisdiction we… read more →
The initiative, launched on 12 February 2025, establishes an automated industry-wide solution that enables banks to instantly verify the authenticity of bills of lading—crucial documents that represent ownership of goods… read more →
The company’s solution focuses on digital versions of promissory notes and bills of exchange, working with a global electronic signature and identity verification provider to ensure compliance and security standards.… read more →
The Comprehensive Economic Partnership Agreements (CEPA), a wide-ranging bilateral trade pact the UAE has signed with 6 countries from India to Israel, contributed to boosting growth and increasingly diverse trading… read more →
While it’s difficult to arrive at an exact figure, it’s widely recognised that, in trade finance, billions are lost each year due to fraudulent practices. High-profile cases like Hin Leong Trading’s bankruptcy and Greensil Capital’s insolvency highlight the vulnerabilities in the trade finance ecosystem.
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When the news broke of the collapse of Stenn, once a visionary London-based non-bank trade finance provider suddenly and unexpectedly placed into administration after an application by HSBC in December, it seemed like an unfortunate standalone case of insolvency.
