A recent report by Convera, a global B2B payments provider, predicts a substantial increase in the value of global services trade over the next five years. The Future of Trade… read more →
The House of Commons recently released a research summary of the Electronic Trade Documents Bill (ETDB), marking yet another step towards the bill becoming an enshrined law in the summer… read more →
One of the difficulties related to international trade is the large volume of paper documents that make up much of the information flow between the different parties, including various documents such as invoices, bills of lading, certificates of origin, and customs declarations.
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 →
