Financial technology solutions provider MonetaGo has been selected by the Association of Banks in Singapore (ABS) to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud.
The UK’s Department of International Trade has announced a five-year partnership with Barclays bank to ‘broaden, deepen and sharpen’ efforts to promote trade with UK plc. What could this mean… read more →
The International Chamber of Commerce (ICC) has released its fintech collaboration guidelines – a 23-page document aimed at helping fintechs collaborate with each other and other institutions The guidelines highlight… read more →
Your Monday morning coffee briefing from TFG: we.trade enters the trough of disillusionment – what this means for the digitalisation of trade finance
we.trade, a blockchain-based trade finance network owned by 12 European banks and IBM, told shareholders in May that it had run out of cash.
At the BAFT global annual meeting in May, TFG sat down with heads of trade to discuss the current state of trade in Asia.
Backing helps UK businesses to support the construction of hospitals, electric railways, and offshore wind projects across the globe. UK Export Finance (UKEF) awarded over £3.6 billion to clean energy,… read more →
The UN’s World Food Programme has warned that the failure to open Black Sea ports is a declaration of war on global food insecurity and will lead to famine, destabilisation of nations, and mass migration by necessity.
The EU Federation (EUF) for Factoring and Commercial Finance has released its latest round of statistics, which indicates a strong recovery of factoring following the pandemic-induced decline from the previous… read more →
TFG’s Carter Hoffman (CH) interviewed Talal Ghandour (TG), chief investment officer and managing director at Metito, to discuss how the recent HSBC funding is helping push toward circular water systems to resolve water shortages.