Banks have access to an unparalleled amount of data, and are beginning to service clients beyond traditional financing. Anonymised and aggregated spending data can help businesses make more informed decisions.… read more →
The SWIFT MT799 is commonly used by banks to communicate non-binding information on trade finance transactions. While widely used, this system has historically lacked the uniformity to operate across multiple… read more →
The new agreement, which operates under English law, reflects significant market developments including the discontinuation of LIBOR and post-Brexit adjustments that account for EU law no longer applying in the… read more →
Saudi Arabia’s fintech revolution didn’t happen overnight. Once known primarily for oil exports, the Kingdom is rewriting its future by embracing innovation and technology through Vision 2030, a strategy that… read more →
Sullivan & Worcester has advised the European Bank for Reconstruction and Development (EBRD) on two supply chain finance (SCF) initiatives in Türkiye and Romania, to provide financial support for regional economic recovery.
Change is still a slow march when it comes to gender equality in the financial services industry. While incremental progress has been made, the lingering pay gap remains glaringly apparent. … read more →
The International Finance Corporation (IFC) and HSBC have announced a $1 billion risk-sharing facility designed to boost trade financing for banks in emerging markets across Africa, Asia, Latin America, and the Middle East.
The conversation surrounding real-time payment systems is evolving quickly, and nowhere is this more evident than in the dynamic between RTP (Real-Time Payments) and FedNow, two significant players within American… read more →
Following an order from the London High Court of Justice, three managing directors from Interpath Advisory, a consulting and restructuring firm, will take over as administrators of Stenn and Stenn… read more →
. At the inaugural Trade Finance Conference of Parties (TF COP) in Washington, DC, ITFA unveiled the Washington Declaration, a proposal calling on the United Nations (UN) to recognise the… read more →
