Recently, the World Trade Board, pioneered by Finastra, has introduced the “Financial inclusion in Trade” strategy for MSMEs and invites industry feedback and collaboration. The framework was developed in association with signific...
As per the recent news, Euromoney has named Saudi British Bank (SABB) as the “Best Trade Finance Service Provider” and “Market Leader” in Saudi Arabia for 2023. This is the 7th successive year when SABB has reaped the award as the ...
ITFA, the global trade finance industry body is pleased to announce the establishment of the ITFA Fraud Prevention Working Group as a part of the ITFA’s Fintech Committee with an agenda of curbing a significant risk issue in the industry...
Recently, Dutch lender, ING announced that it has again hardened its lending policy to the oil and gas sector, limiting funding to clients indulged in commodity or trade finance and “midstream” infrastructure....
The latest news says, Japan has turned out to be the latest nation to connect with the substitute mechanism for settling arguments to the World Trade Organization, it published in a statement recently, in an initiative that observers claim could ...
As per the latest news, Trade Finance tech specialist Surecomp has announced that BTPN, one of the leading privately-owned banks in Indonesia and part of SMBC Group, is live with DOKA solution to initiate streamlined back-office ...
As per the latest news, the International Finance Corporation (IFC) is providing a cross-currency swap facility worth $400 million to three of Sri Lanka’s renowned national banks with the purpose to strengthen the country’s deteriorati...
According to the latest reports, various financial innovation hubs will be laid out in cities across the UK and placements on offer at driving fintech firms to students at leading universities as a part of government-sponsored plans....
Marco Polo Network Operations is the Irish company and appointed administrators as per the declaration of court ruling that declared the company to be insolvent on 22nd Feb 2023. Marco Polo Network proposed to close the strategic deal of $12 mil...
As per the latest news, Colombia and Venezuela entered into an agreement to restore trade between these two nations and lift import duties on dozens of manufactured goods during a ceremony on a border bridge. The agreement is signed by both Colombia'...