Category: News
Following its 2021 Annual General Meeting, held in Budapest from 11th to 15th October, the Berne Union has acknowledged the common goals set by Public Development Banks worldwide under the Joint Declaration signed at the 2020 Finance in Common Summit. The goals of the Declaration include supporting the transformation of the global economy and societies […]
The World Trade Organization (WTO) has announced that it has postponed indefinitely its 12th Ministerial Conference (MC12), citing new COVID-19 travel restrictions. The General Council – the WTO’s highest decision-making body – announced on Friday that it would postpone the event due to new restrictions following the outbreak of the Omicron variant last week. With […]
A new report has forecast that the UK economy will grow at a faster pace than any of its G7 rivals in 2021, but growth globally is losing momentum. The latest Organisation for Economic Co-operation and Development (OECD) Economic Outlook, published yesterday, found that the UK economy is projected to grow 6.9% year-on-year. The UK’s […]
Tinubu Square Group, a software provider for the credit and surety industry, has announced new key hires at its Americas business and its C-suite product and technology team. Jessica Mann has been appointed as general manager of Tinubu Square Americas (TSA), and Aurélien Pelletier has been appointed as Tinubu Square’s chief product and technology officer […]
A new report has found that big bank derisking is hampering efforts by financial institutions throughout Europe to deliver services that promote financial inclusion. The root cause appears to be the risk-averse strategies adopted in response to the financial crisis of 2008, combined with subsequent money laundering fines imposed on several big banks. According to […]
Surecomp announces it is providing a new solution to mitigate the risk of duplicate financing fraud using advanced cryptographic technology. The new solution provides an effective invoice comparison process to identify whether finance has already been requested or whether there is any suspicious activity detected against a specific invoice, all while ensuring that no confidential […]
Surecomp® announced the results of a recent survey with CFOs and Treasurers focusing on trade finance processes in varying companies across the globe. The survey found that only 6% of respondents are ‘entirely happy’ with their current trade finance process. Almost four out of ten are unhappy with their existing arrangements, noting that their current […]
Lithuanian-based identity verification and fraud prevention platform iDenfy, today announces that it has been insured by Lloyd’s. The protection covers technology errors and omissions coverage insurance as well as its cyber protection package. Lloyd’s, the insurance and reinsurance marketplace, will provide insurance coverage to protect iDenfy’s products and operations for up to a Є500,000. This […]
The two member organisations will work together to accelerate the digital transformation of container shipping for the benefit of shippers Digital Container Shipping Association (DCSA) and the European Shippers’ Council (ESC) will now collaborate to accelerate the adoption of the DCSA standards. DCSA is a non-profit group established to further standardise the digitalisation of container […]
Coca-Cola Europacific Partners (CCEP) has established a new sustainability-linked supply chain finance programme, structured and operated by specialist food and agri-bank Rabobank. Rabobank will provide funding to the programme, with other banks expected to participate and grow the facility over time. The programme, one of the first of its kind in the global beverage industry, […]
