One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle...
Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades...
The World Bank isn’t banking on the world’s economy getting much better. At least in the near term. In its semiannual Global Economic Prospects report,...
Swift has successfully tested a global trade interoperability solution in collaboration with BNY Mellon, Deutsche Bank and four electronic bills of lading (eBL) platforms. This solution has the...
Global trade has reportedly experienced a significant decline in recent months, with trade volumes falling at the fastest pace since the pandemic began. The slowdown...
International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in...
The global trade sector may have an answer to supply chain hiccups: AI. As Bloomberg News reported Sunday (Sept. 3), generative artificial intelligence (AI) and...
Koverly has unveiled its B2B buy now, pay later (BNPL) platform, offering businesses enhanced payment flexibility and reduced foreign exchange (FX) rates. The standout feature of...
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with...