Technical Committee 68 of the International Organisation for Standardisation (ISO) for financial services standardisation created a common standard,  ISO 20022, around two decades ago. This development was transformational. It was… read more →

The annual Trade Register from the International Chamber of Commerce (ICC) in collaboration with Boston Consulting Group (BCG) and Global Credit Data (GCD) has been released, analysing the landscape for… read more →

A report by the Trade and Supply Chain Finance Program (TSCFP) at the Asian Development Bank (ADB), in collaboration with Business and Finance Consulting (BFC), has laid out how declining CBRs jeopardise these countries’ ability to conduct international trade and receive vital remittances, potentially exacerbating their economic vulnerabilities. 

The facility will be used to extend credit to businesses across African markets, with a particular focus on small- and medium-sized enterprises (SMEs) involved in regional and international trade, according… read more →

China’s currency – the renminbi (RMB) – is finding new appeal among emerging market traders and global investors seeking alternative settlement options.

Also known as The International Union of Credit & Investment Insurers, Berne Union is an international non-profit association and community for the global export credit and investment insurance industry. At… read more →

For emerging capital markets, the journey from local origins to global success doesn’t usually follow a one-size-fits-all script. But there are lessons that can be learned and actions the global financial community can take to smooth the path.

Since its inception, globalisation has posed the question of connectivity. And with forces of fragmentation – whether competition, geopolitical, or technological – intensifying today, how can we ensure the global… read more →

Mastercard has launched an ambitious new service to speed up commercial cross-border payments in light of surging international trade flows.

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.