Archive for May, 2024

Trade Finance Global spoke with Çağatay Baydar, Chairman at FCI and Irina Tyan, Principal Banker, TFP at the EBRD about factoring and SCF.

IFC, a member of the World Bank Group, launched a new initiative to aid financial service providers in delivering funds to small businesses in emerging markets, with a particular focus on those owned by women and those in the agriculture and climate sectors.

The European Union announced on Thursday that it has given final approval to implement the remaining batch of Basel III rules in Jan 2025.

The International Finance Corporation, a member of the World Bank Group, has released a whitepaper, “Banking on Women Who Trade Across Borders”, exploring the gender disparity in international trade.

At the EBRD 2024 annual meeting in Yerevan, Armenia, the Trade Facilitation Program (TFP) was in the spotlight as it transitions leadership from Rudolf Putz to Shona Tatchell. 

This finding, from the IFC’s whitepaper “Banking on Women Who Trade Across Borders”, speaks to the gender disparity that still exists in the international trade space, particularly in emerging markets.

Surecomp® has announced the completion of successful electronic bills of lading (eBL) transactions, bringing together multiple parties via its collaborative trade finance platform, RIVO™

HSBC has introduced its new e-commerce digital payment platform, Omni Collect, in the UAE in collaboration with Saudi-based FinTech company, Geidea.

Finastra, a global provider of financial software applications and marketplaces, announced it has been selected by LGT to implement instant payment services in Austria and Liechtenstein, with plans to expand to other markets. 

To help demystify some of the greatest challenges facing the shipping and freight forwarding industry today, Trade Finance Global (TFG)’s Deepesh Patel spoke with Director of HR Maritime, Richard Watts.

At Commodity Trading Week (CTW) in London, where the commodity community was gathered for two days, Deepesh Patel, Editorial Director, Trade Finance Global (TFG) spoke with Ben Hillary, Managing Director at Commodities People.

The U.S. Consumer Financial Protection Bureau (CFPB) will enforce certain credit card consumer protection rules on buy now, pay later (BNPL).

The AfDB-BCP partnership reflects a shared vision of promoting sustainable economic growth and development in Africa by empowering SMEs.

As international payments continue to increase in Canada, alongside the growth of international commerce, consumers and businesses alike will benefit from evolving payment innovations and standardisation. 

NetXD has announced the expansion of its payments collaboration with Visa B2B Connect to onboard banks in Asia, following the successful onboarding of several banks across eight countries in Europe and the Americas.