Learn about the Federal Reserve Bank of Boston’s FedNow Service as well as its impact on the payments industry and the way we do banking.
While it comes with many business benefits, engaging in trade with nations around the world can be a complex process. As a result, it may be tempting to pay your invoices in GBP which, at face value, may seem like a simpler and more beneficial option – but this often isn’t the case.
The UK’s inflation rate remained at 6.7% in September, defying earlier predictions of a slight decrease. This rate is the highest among major advanced economies and sustains the possibility of… read more →
Hokodo, a B2B payment solution program, and global financial services firm, Citi, today announced their collaboration to power payments for Covento, a unique renewable energy marketplace. The strategic collaboration will… read more →
The Basel regulations have been continuously refined and updated to address new risks and challenges in the global banking sector, with the overall aim of promoting financial stability and preventing future crises.
In the largest banking collapse since the 2008 financial crisis, US regulators were forced on Friday to take over control of Silicon Valley Bank (SVB) – a prominent lender to tech start-ups, providing financing for almost half of US venture-backed technology and healthcare companies.
To learn more about trade digitisation, Trade Finance Global (TFG) spoke with Oswald Kuyler, global head of strategy at MonetaGo.
At Sibos 2022 held in Amsterdam, Trade Finance Global (TFG) discussed the potential complexities and obstacles for the Italian banking sector with CBI Chief Commercial Officer, Pilar Fragalà, and how CBI manages these by helping banks to overcome them.
ICC Trade Register confirms that for larger banks, credit risk in trade, supply chain, and export finance fall back to pre-pandemic levels.
In late September the pound fell spectacularly from above $1.12 to a new record low of $1.035 versus the US dollar.
It’s true that the dollar had been appreciating for many months, and the pound was one of the most undervalued currencies of the year, but this was news making headlines and front pages around the world, and it was exclusively a domestic problem.
At what point can a business acknowledge foreign exchange (FX) in their procure to pay (P2P) process, and at what cost?
In a world where roughly 15% of trade is protected by insurance, eyes are often on the trade credit insurance stage.
The credit political risk insurance (CPRI) industry helps lenders and corporates with lending capacity and regulatory capital risk. Credit insurance underpins global trade and finance, managing both concentration risk and country limits.
In addition to the joint sanctions placed on Moscow by the UK and other NATO countries in February, Office for National Statistics (ONS) figures have confirmed that UK private energy firms no longer import any oil or gas from Russia.
Structured trade finance is a type of debt finance that structures trade finance products from across the supply chain together. Learn everything you need to know about structured trade finance here.