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Discover the relationship between digitalisation, legislation, and international trade. Explore the impact of the Electronic Trade Documents Act (ETDA) in the UK.
The ICC DSI has released their final KTDDE report, finishing their harmonisation of 36 key trade documents.
Enigio has announced that the International Group of P&I Clubs (IG P&I) has approved trace:original, facilitating the issuance of eBLs.
Today, the ICC DSI released their 2023 Key Trade Documents and Data Elements (KTDDE) report. The report outlines 14 key trade documents, going into depth on the definitions, purpose, and legal frameworks.
Monday, Lloyds Bank announced that they have invested €3 million in Enigio to help expand their use of digital documentation in trade. The €3 million investment will allow Enigio to… read more →
Enigio AB has announced the successful completion of the inaugural digital end-to-end trade document transaction, made possible by their trace:original solution. The shipment consisted of paper products originating from Antwerp,… read more →
Despite most industries witnessing digital leaps forward over the past decade, the world of trade has kept its focus on paper-based documentation. In fact, trade documents such as promissory notes, bills of lading, and performance bonds have remained relatively unchanged for centuries.
Fraud has been a prevalent issue in commodity trading and financing over the past few years, most recently in relation to cargoes of metals.
Electronic bills of lading have been around since 1999 and yet are rarely used. The experts at sibos weigh in on some of the challenges facing their adoption and offer advice for overcoming them.
At ITFA 2022, Trade Finance Global (TFG) spoke to Lucio Lopez, managing partner of one of Brazil’s leading commercial law firms, about how businesses looking to expand into emerging and developing markets like Asia, Africa, or Latin America.
Lloyds bank announced that they reached a key milestone in digitising trade by completing the UK’s first digital promissory note purchase. The transaction was completed using Enigio’s trace:original technology, in… read more →
In the latest of its ongoing series of technical advisory briefings released on 27 June 2022, the International Chamber of Commerce (ICC) Banking Commission addressed the subject of ‘Reducing Discrepancy Rates under Documentary Credits’ (TAB-3).
The Letters of Credit (LC) process is perhaps one of the more recognisable elements of trade finance that needs innovation. TFG spoke to Carl Wegner, CEO of Contour to find out more
