Supply Chain Finance

Finastra, a global provider of financial software applications and marketplaces, has announced a partnership with CQUR Bank, an international corporate bank. This collaboration is set to advance CQUR Bank’s technology strategy… read more →

Tom Vilsack, the Secretary of Agriculture, revealed that the United States Department of Agriculture (USDA) will allocate $2.3 billion to assist American agricultural producers in sustaining and expanding their market… read more →

In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Karin Oszuszky, Senior Investment Manager for Business Development at the OPEC Fund for International Development, during the European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Annual Conference in Vienna to discuss the OPEC Fund’s work in light of the latest trends and developments in trade finance and facilitation.

Finastra, a Worldwide Supplier of Financial Software and Platforms, has Joined Forces with ELCY, an Expert in E-commerce Systems for Managing International Trade Finance. Their Collaborative Effort is Aimed at… read more →

On Tuesday, the International Monetary Fund (IMF) unveiled its most recent World Economic Outlook, adjusting its US growth forecast upwards while anticipating a slower rate of expansion for the euro… read more →

Five industry associations have backed an electronic bill of lading (eBL) by declaring they will secure a commitment from stakeholders to collaborate on driving digitalisation.  DCSA, BIMCO, the International Federation… read more →

How could a common platform fluidify and modernise credit insurance operations and provide greater value to the industry?

The World Trade Organisation has revised its growth forecast for global merchandise trade in 2023, attributing the change to ongoing inflation, elevated interest rates, instability in the Chinese property market,… read more →

Join TFG’s Deepesh Patel and Ravesh Lala, IBM’s Head of Business Development for Hybrid Cloud Solutions, at Sibos in Toronto as they clarify the complexity of generative AI and its diverse applications in the trade industry. Ravesh starts with one of the foremost challenges confronting banks in trade and supply chain finance—digitalisation. He underscores the critical importance of transitioning from conventional paper-based procedures to a fully digital supply chain to enhance operational efficiency.

At Sibos, the topic of trade digitalisation was buzzing with discussion. However, in order for the industry to make significant progress, it’s essential for all stakeholders to align their efforts. Pamela Mar, Managing Director of ICC Digital Standards Initiative (DSI), is at the forefront of addressing this issue.

In a recent conversation at Sibos, Toronto, TFG’s Deepesh Patel sat down with Steven Beck, Head of Trade and Supply Chain Finance at the Asian Development Bank (ADB). Together, they explore the reasons behind the staggering expansion of the trade finance gap, which has now reached a staggering $2.5 trillion.

In a rapidly evolving world, where businesses are constantly seeking ways to streamline their operations and enhance efficiency, the trade finance sector is no exception.

Currently responsible for 3% of global greenhouse gas emissions, maritime transport must decarbonise whilst facing extensive costs and adverse economic operating environments, as well as increasing geopolitical risks.

As the Conservative and Labour Party Conferences are about to commence, new analysis underscores the urgent requirement for enhanced backing to assist UK businesses in manoeuvring through a crucial 15-month… read more →

Lloyds Bank published its “Trade Insights: The changing face of UK trade” report, offering a comprehensive analysis of the evolving landscape of UK trade.  The report highlights the transformative changes… read more →