Enigio AB has announced the successful completion of the inaugural digital end-to-end trade document transaction, made possible by their trace:original solution. The shipment consisted of paper products originating from Antwerp,… read more →
To successfully digitalise Bills of Lading, the three necessary foundations are law, standards and technology. Without their proper application, any eBL SaaS platform, notwithstanding the attractiveness of the business model, is unstable.
Despite most industries witnessing digital leaps forward over the past decade, the world of trade has kept its focus on paper-based documentation. In fact, trade documents such as promissory notes, bills of lading, and performance bonds have remained relatively unchanged for centuries.
Today, HSBC unveiled a pioneering banking solution in Hong Kong, introducing point-of-sale financing for business-to-business (B2B) transactions. This offering will empower B2B sellers on online platforms to provide extended payment… read more →
The existing regulatory frameworks overseeing sustainability reporting in the Financial Institutions sector are giving rise to numerous unexpected outcomes that will ultimately hinder the global pursuit of long-term sustainability goals.… read more →
Just over two weeks ago, Commodity Trading Week gathered over 300 experts from across the world, tackling some of the most pertinent questions and challenges in the industry. TFG summarises the key findings.
According to the EY European Attractiveness Survey 2023, In 2022, foreign direct investment (FDI) in Europe experienced sluggish growth, increasing only by 1% compared to 2021, and remaining 7% lower… read more →
As part of trade facilitation, the UK government introduced the Electronic Trade Documents Bill, which is currently undergoing legal stages before being fully enforced. It’s a great step forward, however, industries need more than that.
At the ICC United Kingdom’s annual conference in partnership with the Center for Digital Trade and Innovation, Trade Finance Global’s (TFG) Deepesh Patel spoke with Miriam Goldby, Professor of Shipping, Insurance, and Commercial Law at Queen Mary, University of London, to learn more about the adoption of the electronic trade documents bill in the UK, breaking new ground in the transition to paperless trade.
Singapore has taken another step forward in being a regional leader in trade digitisation as they continue to develop programmes and initiatives to support this transition. The Infocomm Media Development… read more →
