Standard Chartered and Linklogis establish JV to drive sustainable trade finance. Joint venture to launch Olea, a digital blockchain-enabled trade finance platform Standard Chartered, a leading international banking group, and Linklogis, a leading supply chain finance technology solution provider in China, today announced a joint venture to establish Olea, a fully-digitised trade finance origination and […]
Greensill’s implosion does not justify regulatory reforms to the wider SCF market A UK parliamentary inquiry into the Greensill Capital debacle has concluded the trade fund’s demise does not justify regulatory reforms to the wider supply chain finance (SCF) market. But investors aren’t convinced, with the accounting treating of SCF by corporates still an issue […]
Singapore Retains Top Spot Amongst World Maritime Centres The Xinhua-Baltic International Shipping Centre Development Index, published by Chinese news agency, Xinhua, and global maritime data provider, the Baltic Exchange, has ranked Singapore as the top global shipping centre for the eighth year running. The index is an independent ranking of the performance of locations around […]
RECP helps to change the playing field for the logistics sector for SMEs Excerpt from an original article by Audrey Cheong,Regional Vice President, Southeast Asia Operations, FedEx Express(link to original article below) The benefits of Free Trade Agreements (FTAs) remain undisputed in terms of economic and social benefits. These apply not just to large businesses, […]
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 […]
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) […]
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.