Category: News
Leading financial services firm chooses FIS Payments-as-a-Service solution to offer real-time payments to corporate clients in nine European countries. FIS managed solution enables financial institutions to cost effectively take advantage of emerging real-time payments schemes. JACKSONVILLE, Fla, September 23, 2019 (NYSE: FIS), a global leader in financial services technology, announced today that Societe Generale has chosen […]
New Banking Circle insight paper explores opportunities for banks to work with SMEs to deliver better banking solutions London, 23 September 2019 – Today at Sibos 2019, ground-breaking financial utility, Banking Circle, launched its latest research findings. The insight paper, ‘Circle of Trust or out of the loop?’ supplements the June 2019 Banking Circle white […]
NEW YORK, September 23, 2019 – BNY Mellon today announced a significant expansion of its existing trade finance processing services relationship with KeyBank by implementing an enhanced and updated model that will offer a more robust client experience for KeyBank’s trade finance clients, while aiming to increase the efficiency of service delivery. Under this expanded […]
TAS S.p.A. (“TAS”) has announced that its agreement with Anglo-Gulf Trade Bank (“AGTB”), a digital corporate trade bank for international clients based in Abu Dhabi, is now operational. The contract is being managed through its subsidiary TAS Helvetia S.A. (“TAS Helvetia”) – a company wholly owned by TAS – and covers the supply of software […]
London: ICC invites business leaders and government officials to join the discussion around the future of UK international engagement and the role of the private sector in shaping the global trading environment, in particular with the emerging markets, at its upcoming event – Going Global – which will take place at the Guildhall on 21st […]
Average overall score climbs to 52.7 out of 100 in 2019 from 49.6 in 2017. Countries perform best in ‘market transparency, tax and regulatory environment’. Biggest improvement was in ‘legality and enforceability of standard financial markets master agreements’, where the average score jumps to 55 from 47. South Africa still tops the index due to […]
Strong focus on developing agriculture, energy, private & SMEs sectors in Africa CIS Member Countries to see increased support across the private sector and SMEs development (Jeddah, KSA, 4 November 2019). The International Islamic Trade Finance Corporation (ITFC) today announced significant progress in its trade financing initiatives in the third quarter of 2019 (Q3), boosting inclusive growth and […]
With the outcome of Brexit negotiations still shrouded in uncertainty, a priority for the UK remains to establish lasting, meaningful trading relationships with key partner states. As Joshua Allsopp of Leumi UK explains, Israel has become an important partner for the UK in several industries. For the past decade, the UK and Israeli governments have […]
Swieqi, Malta – November 19, 2019: essDOCS, the leading enabler of paperless trade, announced today that several banks have commenced testing its newly developed CargoDocs Transaction Matching Application (Cmatch). Cmatch enables banks to continue offering two-corner Bank Payment Obligations (BPOs) – alongside next-generation digital trade instruments, such as four-corner Bank Payment Undertakings (BPUs) – by replacing the soon-to-be-discontinued […]
The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal with the economic and health impacts of the COVID-19 pandemic. PATIMFA, approved by the Bank’s Board of Directors during its sitting on 20 March, will provide financing to assist Afreximbank member countries to […]
