With the trade finance gap at an all-time high, some tech companies are creating novel solutions to help combat the wide-scale fraud that has challenged the sector for many years, making it a more attractive space for lenders once again.
TFG spoke to Jesse Chenard of MonetaGo to find out more.
TFG has partnered with The Economist Impact Events’ 2nd Annual Global Trade Week. During Wednesday’s panel session “How can digital trade agreements help?” panellists explored the use of digital trade agreements and how their evolution can help to promote the free flow of data, improve human welfare, and inspire trust.
Given the critical role credit insurance and surety plays within trade and export finance, TFG spoke with Tinubu about the role of artificial intelligence and distributed ledger technologies in future-proofing the industry.
A new breed of bank employing the latest tech promises to unlock trade finance for UK SMEs “within minutes”. Neotrade, a Manchester-based trade finance bank focused on servicing small and… read more →
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 →
