Gunvor Group has announced the successful signing and increase of its $872.5 million off balance sheet instrument (OBSI) facility. After receiving a substantial over-subscription of 45%, and high levels of… read more →
Finastra and Hangzhou Hundsun Lirong Software Co. Ltd. to co-develop a tailored version of Finastras’s Fusion Opics treasury solution for the Chinese market. This treasury solution- currently, used by over… read more →
Paymaster24, a full-service Payment Service Provider (PSP), announced a new partnership with Banking Circle to enhance its service proposition for merchants.
On the 11th June, the Group of Seven Nations (G7) met to discuss current global economic concerns and plans, where US president Joe Biden proposed that all countries have an agreed floor of corporation tax.
Surecomp® announced today that it embraces and is fully equipped to support the G7 move towards digitisation, allowing companies to electronically transfer trade documents for increased efficiency and cost savings.… read more →
Your morning coffee briefing from TFG. Goods barometer is nearly 10 points above the baseline value of 100 for the index and up 21.6 points year-on-year, reflecting the strength of the current recovery from COVID-19 crisis. ICC launches, ICC Trade Now, a suite of digital products and services to tackle the global trade finance gap. EU set to unveil digital wallet for post-Covid life
Since Brexit, UK businesses and their EU clients have been hit with increased euro transaction fees which could potentially cost them millions.
With the WTO Appellate Body no longer functioning, will the interim appeal arrangements established by the EU, Australia, Canada and others not just ‘stop the gap’ but also pave the way to reform?
Money laundering has become more visible in global trade over the past few years, and several organizations are trying to identify and prevent it.
The Alternative Reference Rates Committee (ARRC) announced it selected CME Group as the administrator that it plans to recommend for a forward-looking Secured Overnight Financing Rate (SOFR) term rate, once market indicators for… read more →
