Articles with tag: chamber of commerce

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Mastercard forms Supply Chain Digitisation alliance with partners

09 Sep 2020 | E-invoicing, SCF & E-procurement

Mastercard, N-Frnds, SGeBIZ, and Finastra have partnered with the Asian Development Bank (ADB) to provide funds for small and medium enterprises (SMEs) in Asia.

Mastercard, supply chain, digitisation, alliance, N-Frnds, SGeBIZ, Finastra, Asian Development Bank, ADB, SMEs, Asia, covid-19, pandemic, MSBs, banks, trade networks, supplier, demander, funds, International Chamber of Commerce, fintech

CDC adds 75 mln to its trade finance deal with Absa

31 Jul 2020 | E-invoicing, SCF & E-procurement

CDC, a UK-based development finance institution, has announced an additional USD 75 million commitment to its existing trade finance facility with Absa Bank.

CDC, Absa, UK, BANKS, Africa, trade finance, supply chains, SCF, COVID-19, coronavirus, pandemic, partnership, International Chamber of Commerce

ICC trade finance survey confirms banking industry optimism

21 Jul 2020 | E-invoicing, SCF & E-procurement

ICC has released its 2020 Global Survey report which showcases optimism for banks regarding trade finance, although challenges and disruptions are to be expected post-pandemic.

ICC, Global Survey on Trade Finance, trade finance, banking, optimism, international chamber of commerce, pandemic, Asian Development Bank, ADB, AUSTRAC, Boston Consulting Group, BCG, Coriolis Technologies, HSBC, Kountable, SWIFT, TXF, SCF, digital trade, banks, supply chain finance, digitalisation

Turkey plans to expand ecommerce to MENA region

16 Jul 2020 | Ecommerce

Turkey has announced plans to increase its export market share in the Middle East and North Africa. 

Turkey, Middle East, North Africa, ecommerce, Turkish E-commerce Association, Dubai Chamber of Commerce, Boyner, So Chic, Paşabahçe, Noon, Jumia, Carrefour, Jeeblee, Danube, Lulu

CDC, Societe Generale partner to boost African trade

02 Jul 2020 | E-invoicing, SCF & E-procurement

UK-based impact investor CDC Group has closed a USD 100 million trade finance risk sharing facility with Societe Generale.

CDC, Societe Generale, African trade, trade finance, risk sharing facility, local banks, new banks, Francophone West Africa, funding, economic crisis, United Nations, SDG, deficit, International Chamber of Commerce

Amex commits USD 200 mln small businesses hit by the pandemic

30 Jun 2020 | E-invoicing, SCF & E-procurement

American Express has committed USD 200 million to help small merchants recover from the impact of the COVID-19 lockdown.

Amex, American Express, merchants, COVID-19, coronavirus, cards, Canada, UK, Australia, France, Germany, Italy, Japan, Mexico, Spain, US Chamber of Commerce SMBs, National Black Chamber of Commerce, National Business League, Walker’s Legacy

Digital Trade Standards Initiative launches under the umbrella of the International Chamber of Commerce

04 Mar 2020 | E-invoicing, SCF & E-procurement

The International Chamber of Commerce (ICC) has launched the Digital Trade Standards Initiative (DSI) – a collaborative cross-industry effort to enable the standardisation of digital trade.

Digital Trade Standards Initiative, International Chamber of Commerce, digital trade

Emirates NBD signs MoU on blockchain trade finance solutions in Dubai

15 Oct 2019 | E-invoicing, SCF & E-procurement

The Dubai Chamber of Commerce and Industry has signed a memorandum of understanding (MoU) with Emirates NBD on trade finance solutions.

Emirates NBD, The Dubai Chamber of Commerce and Industry, Dubai, United Arab Emirates, MoU, memorandum of understanding, trade finance, blockchain, trade finance solutions, Digital Silk Road,

Trade finance provider Stenn closes USD 200 mln funding with Natixis

18 Jul 2019 | E-invoicing, SCF & E-procurement

UK-based provider of cross-border trade finance Stenn has closed a USD 200 million in funding with Natixis to expand its capital markets programme.

Stenn, Natixis, cross-border, trade finance, funding round, UK, Europe, cross-border trade finance, capital markets programme, Chamber of Commerce

ICC Banking Commission releases eRules on the use of electronic documents

11 Jul 2019 | E-invoicing, SCF & E-procurement

The International Chamber of Commerce Banking Commission has issued new electronic rules to advance the digitalisation of trade finance practices.

ICC Banking Commission, International Chamber of Commerce, regulation, Europe, trade finance, electronic documents, e-invoicing, World, trade finance practice, financing, digitalisation

Dubai chamber to offer ICC, Perlin blockchain trade finance

03 Jul 2019 | E-invoicing, SCF & E-procurement

Dubai Chamber of Commerce has partnered with the International Chamber of Commerce (ICC) and blockchain startup Perlin to offer trade finance solutions.

Dubai Chamber of Commerce, International Chamber of Commerce, ICC, Dubai, United Arab Emirates, Perlin, blockchain startup, trade finance solution, ICC Blockchain/DLT Alliance, Middle East and Africa, MENA, Centre of Future Trade

ICC releases report affirming trade finances decade-long low-risk profile

12 Jun 2019 | E-invoicing, SCF & E-procurement

The International Chamber of Commerce Banking Commission has released its 2018 Trade Register report highlighting the low risk nature of trade finance.

The International Chamber of Commerce Banking Commission, The International Chamber of Commerce, Trade Register, report, trade finance, letter of credit, global trade finance, Global Credit Data, GDP

ICC blockchain project to target commodities in Singapore

03 Jun 2019 | E-invoicing, SCF & E-procurement

Singapore-based blockchain startup Perlin Network and the ICC have established the Centre of Future Trade in Singapore to help companies to digitize trade.

Perlin Network, International Chamber of Commerce, Singapore, Centre of Future Trade, Asia, APAC, digital trade, trade finance, commodities trade, blockchain, DLT, distributed ledger technology

Originate-and-distribute model can close trade finance gap - white paper

08 Mar 2019 | E-invoicing, SCF & E-procurement

Trade Finance Distribution Initiative has published a whitepaper on the of the originate-and-distribute model to transform the trade finance sector.

Tradeteq, Trade Finance Distribution Initiative, white paper, Originate-and-distribute model, UK, trade finance, the International Trade and Forfaiting Association, ITFA, the International Chamber of Commerce, ICC United Kingdom. The TFD Initiative

ICC UK, The London Institute of Banking & Finance to promote trade finance

20 Feb 2019 | E-invoicing, SCF & E-procurement

ICC United Kingdom and The London Institute of Banking & Finance have signed a partnership to boost trade finance education.

ICC United Kingdom, International Chamber of Commerce, The London Institute of Banking & Finance, partnership, UK, Europe, trade finance

Mideast banks move to paperless trade finance, ICC study finds

07 Jan 2019 | E-invoicing, SCF & E-procurement

According to ICC’s 10th Global Survey on Trade Finance, the trade finance sector has been estimated to move towards the digitalisation of its processes.

International Chamber of Commerce, study, survey, trade finance, 10th Global Survey on Trade Finance, Middle East, MENA, digital technologies, digitisation, supply chain finance

Dubai Chamber and Etihad Credit Insurance partner to boost trade finance

19 Nov 2018 | E-invoicing, SCF & E-procurement

Dubai Chamber of Commerce and Industry has signed a Memorandum of Understanding with Etihad Credit Insurance, the UAE Federal export credit company.

Dubai Chamber of Commerce, Etihad Credit Insurance, partnership, United Arab Emirates, Asia, Middle East, trade finance, B2B payments, trade credit insurance

African Development Bank to launch trade finance e-learning programme

30 Oct 2018 | E-invoicing, SCF & E-procurement

African Development Bank along with ITFC and ICC have announced launching a joint AfDB-ITFC trade finance e-learning programme for financial institutions.

African Development Bank, International Chamber of Commerce, International Islamic Trade Finance Corporation, Africa, trade finance, AfDB-ITFC trade finance, e-learning programme

ICC Banking Commission teams with Global Credit Data for ICC Trade Register

09 Oct 2018 | E-invoicing, SCF & E-procurement

The ICC Banking Commission has announced a long-term agreement with Global Credit Data to strengthen analysis within the ICC Trade Register.

ICC, International Chamber of Commerce, Global Credit Data, Trade Register, trade finance, trade, agreement,