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 →
On Monday 21 October, Deutsche Bank and Kodex AI, a Berlin-based AI startup company, published a whitepaper on the opportunities of generative AI (Gen AI) in the banking sector.
In fragmented markets, there is often a lack of real-time standardised data. In response, a group of eight leading financial institutions united on Chainlink’s platform, has launched an ambitious initiative to revolutionise corporate actions processing using artificial intelligence and blockchain technology.
Transactions between Europe and China using trade finance documents like Letters of Credit, Documentary Collections, or Open Account terms, which used to be paper-based and take as long as two… read more →
The advent of digitalisation presents an opportunity to transform trade finance by addressing long-standing inefficiencies and one such innovation is a digital version of the bill of exchange called the… read more →
The end-to-end process of international trade—from issuing documents to shipping goods and completing payments—has been labyrinthine, often mired in paperwork and delays.
In a quickfire session at the 50th Annual Trade and Forfaiting Conference held at ITFA Abu Dhabi, TFG’s Deepesh Patel spoke with Sean Edwards, Chairman of the International Trade and Forfaiting Association (ITFA), about some of the key themes emerging throughout the conference.
A coalition of major supply chain industry associations has thrown its weight behind the “declaration of the electronic Bill of Lading” (eBL). This development adds momentum to the commitment towards modernising international trade documentation.
Cleareye.ai’s ClearTrade technology will be implemented starting this month. The AI system aims to automate and streamline processing and compliance reviews of trade documents for Lloyds Bank’s clients. The technology… read more →
In today’s fast-paced and ever-changing world, the capacity of organisations to keep up with and manage risks across their supply chains depends on their ability to leverage on digitalisation to collect, analyze, and use electronic data to ensure the stability of global supply chains.