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.

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 →

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 →

It’s hard to ignore the continued growth and influence coming out of Asia for trade. Asia’s trade growth continues to surge, with the Asian Development Bank (ADB) forecasting 5% growth in 2024, driven by strong domestic demand and recovering exports. Regional integration and modern trade agreements are enhancing resilience in key sectors like food and technology. Asia also benefits from rising demand for tech exports, particularly semiconductors, driven by AI. However, risks such as geopolitical tensions and protectionism remain.

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 →