Governments and businesses across the Middle East and Africa (MEA) are digitising at a rapid pace, shifting away from on-premises hardware and manual processes in favour of software as a service (SaaS).
During the panel session ‘unlocking liquidity with collaborative trade finance’ at the finanzsymposium in Mannheim in May, TFG spoke with German and Scandinavian fintech professionals about their thoughts on the future of trade finance, and what solutions they think are needed for the next generation.
Fintech growth over the last five years has been exponential, with investment in UK fintech hitting £27.5 bn in 2021 – but the high reward also means high risk.
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 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 →
Two, the business-to-business (B2B) e-commerce payments platform, and Allianz Trade, the trade credit insurance provider, have formed a partnership to grow the ‘buy now pay later’ (BNPL) finance market for… read more →
Your Monday morning coffee briefing from TFG: How sustainability linked financing can empower circular water projects in MENA
If the Electronic Trade Document Bill trade bill is passed this year, digital documents will be recognised under UK law, which could prove pivotal for global trade. Could blockchain hold the key to a painless and secure switchover to a digital-first trade world?
Your Monday morning coffee briefing from TFG: Themes from BAFT: globalisation, green transition, and preferential financing
Your Monday morning coffee briefing from TFG: Up, up, and away – latest statistics prove record inflation over last 12 months