Bank of America is embarking on a multi-year initiative to digitise trade finance through its new platform, CashPro Supply Chain Solutions.  Aimed at optimising working capital and streamlining processes, the… read more →

The offering will focus on sustainable end-use within the renewable energy sector 18 September 2023, Singapore – Standard Chartered today launched a sustainable trade loanoffering for financial institutions. The new offering supports… read more →

London/Toronto – September 17, 2023 – Trade Finance Global (TFG) is thrilled to announce the winners of the prestigious 2023 Trade, Treasury, and Payment Awards, in cooperation with BAFT. Celebrating its seventh consecutive year, the TFG Trade, Treasury, and Payment Awards 2023 have once again recognised the exceptional contributions to the global trade and finance industry.

To delve into the intricacies of evolving insurance market landscape, Trade Finance Global spoke with David Quehenberger, Trade Finance Lead Underwriter Portfolio Solutions at Swiss Re Corporate Solutions.

Despite the attention brought to the trade finance gap in recent years, it still continues to grow. A recent Asian Development Bank (ADB) report shows that the gap has now widened to $2.5 trillion. 

The African Export-Import Bank (Afreximbank) plans to increase its funding for trade within Africa to $40 billion through a revolving fund by the year 2026. This development follows the bank… read more →

Trade Finance Global (TFG), in collaboration with UK Export Finance and the Department for Business & Trade, is set to host a tradecast on 13th September 2023, one week before the Electronic Trade Documents Act (ETDA) comes into force. 

Cross-border payments can play a special role for people and businesses around the world. They allow us to send money to our loved ones, book a holiday of a lifetime, or start a business in another country. 

Over the last couple of years, we have seen an escalating development of digitalising trade. Fuelled by the obvious benefits, such as reduction of funding, courier, and administration costs, as well as the safety and speed of transferring trade documents digitally. 

Transitioning from documents to pixels, from cash to virtual payment gateways, and from local markets to international ones, the sweeping transformation of global trade into the digital world is redesigning the trade finance ecosystem. The alliance between ClearEye and J.P. Morgan represents the metamorphosis of the future of trade finance digitisation.