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.
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 VIVE Programme announced that the Mediterranean Shipping Company (MSC) has joined the VIVE Sustainable Supply Programme and will be completing the shipping module in 2022. MSC is a container… read more →
Your Monday morning coffee briefing from TFG: How sustainability linked financing can empower circular water projects in MENA
UK exporters are the least optimistic in Europe due to a combination of uncertainty caused by Brexit, the conflict in Ukraine, and disrupted supply chains, according to Allianz Trade. This… read more →