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The Electronic Trade Documents Act (ETDA) has come into force today. The new law represents a huge step forward into digitalisation of trade flows by eliminating paper flow documents and increase efficiency and transparency. This new act is not imposing...
#bill of exchange#Chris Southworth#electronic documents
Standard Chartered Americas today announced that it has entered a trade finance partnership with Truist Bank that will enhance Truist…
#bank#emerging markets#exporters
Douglas Grant (pictured), Group CEO of Manx Financial Group PLC, comments on the fall of CPI inflation and its impact…
#Bank of England#Douglas Grant#inflation
Surecomp has announced that its RIVO™ solution is enabling unified electronic... (more…)
#ETDA#letter of Credit#MAN
Finastra today announced a multi-year global agreement with Microsoft focused on trade platform modernisation, building on the existing availability of…
#API#Bill Borden#Finastra
Crédit Agricole CIB has appointed Yves-Marie Gayet as Global Head of International Trade and Transaction Banking as of September 18,…
#Credit Agricole#Managerial Appointments
As part of the joint effort, announced in Toronto at the annual Sibosconference, Visa will deploy capabilities developed by Swift…
#B2B payments#commercial finance
As part of a multi-year effort to transform trade finance, Bank of America is launching CashPro Supply Chain Solutions, a…
#automation#digitisation#open account
Lending to India’s micro, small and medium enterprises (MSMEs) is soaring and is increasing well beyond market expectations. According to…
#MSME finance#SBI#securitisation
HSBC today announced the launch of HSBC TradePay, an industry first, document free trade finance solution that enables clients to…
#digitalisation#supply chain finance
Lloyds Banking Group has invested €3m in technology company Enigio to expand its use of digital documentation in trade.The €3m…
#digitalisation#electronic documents#Enigio
Citi has announced the acquisition of its Bridge built by Citi® platform (“Bridge”) by Foro Holdings, Inc. (“Foro”), a Charlotte-based…
#Bridge#SMB lending#SME lending
HSBC today announced that their popular mobile Trade Transaction Tracker is now available to Financial Institution (FI) customers.Following the launch…
#International Trade