This Commerzbank whitepaper takes a detailed look at how developing nations are adapting to the new economic reality. It also highlight the central role FIs must play in enabling and influencing the global sustainable transition – providing support by creating and delivering effective, innovative sustainable finance solutions.
Conpend's whitepaper explores the complex sanctions landscape and examines how banks can navigate new challenges by optimising their trade finance compliance checks with AI.
This Conpend whitepaper explores the case for automation in trade finance document checking, and the contribution that AI can make to maximise efficiencies, reduce costs and support flexible working arrangements. .
The report reveals that digital networks can deliver benefits for all trade finance stakeholders and facilitate access to working capital financing, particularly for underserved small- and medium-sized enterprises. Of the industry participants surveyed, 100% believe that digital networks would improve current trade finance transaction processes.
With a host of new industry initiatives and emerging technologies in development, multiple paths are available to unlock the future of payments: a world where all have the expectation and ability to move money instantaneously, 24/7/365 and with full transparency. One such path is digital currencies.
When it comes to the future of payments, the destination is clear: a world where all have the expectation and ability to move money instantaneously, 24/7/365 and with full transparency. As the industry moves forward on this journey, an array of new industry initiatives and emerging technologies are transforming payments.
The much-publicised US$1.5 trillion global trade finance gap, as reported by the Asian Development Bank (ADB), continues to present challenges for global trade. Critically, the size of the gap is affecting development and investment flows and financial inclusion, which in turn, is impacting business and economic growth. Addressing the gap is, therefore, understandably a key concern and a priority for the trade finance industry. In light of this, BNY Mellon—with support from the International Chamber of Commerce (ICC)—has conducted a global survey titled Overcoming the Trade Finance Gap: Root Causes and Remedies.