Trafigura, Natixis, and IBM launch new blockchain ledger geared for crude oil trade finance. They say every party in the payment ecosystem will be able to access it and benefit from the technology
The recently ratified Trade Facilitation Agreement is intended to reduce the cost of trade 14.3% globally by improving customs procedures. It could inadvertently help cut painful compliance burdens, also.
The former pariah state hopes to boost its economy by giving foreign banks scope to lend to exporters. Bankers say the development would aid MNCs in the country, but need clarity from the government.
Knock-on effects of US president's "war" on financial regulation could see Europe pull away from implementing banking regulations. For Asia-based treasurers, that could mean easier access to trade finance and simpler ...
The trade cycle is paper dependent, cumbersome and expensive, but many tout the emergence of blockchain as the saviour. Given that many solutions already exist that can perform similar functions, CT investigates ...
The trade cycle is paper dependent, cumbersome and expensive, but many tout the emergence of blockchain as the saviour. Given that many solutions already exist that can perform similar functions, CT investigates ...