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.
Data is king, especially as the industry slowly but surely embraces the move towards full digitalisation.
At the EBRD’s Conference on the Digitalisation of International Trade in Morocco 2024, Othmane Saadani, Lawyer and Partner at Saadani & Associates, presented the legal framework for digitalisation of trade in Morocco.
To learn more about efforts to improve operational efficiency and sustainability in the shipping space through technological advancements, Trade Finance Global’s Brian Canup spoke with Chris Sunderman, Program Lead for Banks at the Digital Container Shipping Association (DCSA).
The global economy has always undergone changes. From the agrarian-based economy in the 18th century to the advent of the Industrial Revolution, from sailboats to steamships, there has always been a shift in economy, industry, and, ultimately the dynamics of a country.
