Hong Kong’s role as a conduit for international investment into mainland China has reached new heights, with cross-border trading volumes hitting record levels in 2024. “Hong Kong is that rare… read more →
Africa’s population has swelled to account for around 17% of the world’s population. Over the same period, according to figures from the African Development Bank (AfDB), Africa’s share of global trade has decreased from 4.4% to just 3%. This paradox, in part, is the result of a lack of access to and awareness of trade finance solutions from banks on the continent.
Gender diversity in trade finance and transaction banking remains a significant challenge. As the industry grapples with this gender gap, innovative approaches will be necessary to foster a more inclusive… read more →
In 2024, the year of dramatic elections, tectonic shifts in governing power, and heightened tensions worldwide, Sibos attendees are keeping their eyes squarely on the road ahead. This year’s theme,… read more →
The traditional, paper-heavy processes that once dominated the trade finance industry are now being replaced by innovative, automated systems designed to streamline operations, enhance efficiency, and reduce costs. This digitalisation… read more →
The ICC Principles for Sustainable Trade Finance (PSTF), developed in collaboration with Boston Consulting Group and leading financial institutions, addresses a crucial gap in the market: the challenge of applying… read more →
Transactions between Europe and China using trade finance documents like Letters of Credit, Documentary Collections, or Open Account terms, which used to be paper-based and take as long as two… read more →
The assessment tool, unveiled on Thursday 17 October by the ICC’s Digital Standards Initiative (DSI) in partnership with Canada’s Digital Governance Council, aims to facilitate the adoption of Electronic Transferable… read more →
The International Investment Summit, held in London on Monday 14 October, saw Starmer pledge to industry leaders to remove regulation and red tape, to improve trade. Against the backdrop of… read more →
The firm is has been majority-owned by Santander since 2020, and offers cash and foreign exchange risk management services in over 130 currencies. It also services cross-border payments. The company first… read more →
