NFTs In The Digital Content Industry. (Original article by CARTER HOFFMAN, in Trade Finance Global) You might have heard a lot of hype around these things called NFTs, or non-fungible tokens. How can these digital things be selling for millions of dollars? TFG investigates. Non-fungible what now? If you poke your nose around the blockchain space these […]
Supply Chain Financing: The Good, The Bad & The Ugly Interesting article by Baldev Bhinder @ Blackstone & Gold Last week, the financial world has been captivated by the crisis engulfing Greensill. It is reported that the London based supply chain fintech could be facing insolvency after Credit Suisse froze $10 billion worth of investment […]
2021: Banks With The Right Technology Beat The Fraudsters. BANKS RUNNING FRAUD-PREVENTION SOFTWARE THAT INCORPORATES COLLECTIVE ARTIFICIAL INTELLIGENCE CAN CUT FRAUD MONITORING COSTS BY 77 PERCENT, HELPING THEM MEET NEW REGULATIONS EFFICIENTLY AND EFFECTIVELY, AND STOP FRAUDSTERS IN THEIR TRACKS JOËL WINTEREGG Fraud is as old as money itself and banks have generally taken the […]
New guidance from FATF on trade finance money laundering risks (Original article by John Basquill, in GTR) Financial crime authorities are upping efforts to tackle trade-based money laundering (TBML), urging lenders to watch for complex corporate structures or trade flows, circular payment arrangements and inconsistencies in documentation. The warnings feature in new guidance from the […]
Stability Into The Supply Chain During Disruption (Original article by P J Bain, in Prime Revenue) Supply chain finance has gained considerable momentum over the last several years, especially given the recent economic landscape. Buyers and suppliers around the world rely on supply chain finance as a tool to improve working capital and navigate widespread volatility. […]
Singapore is the second country to adopt MLETR into legislation. Singapore has taken a major step forward for trade digitalisation by becoming just the second country to adopt the UNCITRAL Model Law on Electronic Transferable Records (MLETR) into legislation. Roopesh Patel in Trade Finance Global. Amendments were proposed to the country’s existing Electronic Transactions Act (ETA) […]
[SINGAPORE] Oil trader GP Global APAC has applied to the Singapore High Court for a six-month debt moratorium as its parent company seeks to restructure more than US$1 billion in debt, according to a company director, lawyers and a court document.
By the year 2030, it’s expected that ESG factors will be incorporated into 95 per cent of all assets. With the world’s biggest asset managers already on board and millions of dollars in green funding ready to be deployed, there’s pressure for businesses to buckle down on ESG in the coming years.
Growing demand for liquidity and timely payment across the supply chain is driving record interest in alternative financing solutions. Companies are looking for ways to monetize their liquid assets and unlock cash trapped in the financial supply chain. One option is accounts receivable finance, which allows companies to sell their invoices to financial institutions for faster payment.
London Stock Exchange Group (LSEG) completed its USD27 billion acquisition of Refinitiv, the financial market data and infrastructure provider built out of the Financial and Risk division of Thomson Reuters in 2018.