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Joel Van Arsdale, Managing Partner at Flagship Advisory Partners, provides an extensive overview of the payments ecosystem by pinpointing the key trends that shaped the market in the past year.
online payments, PSP, fintech, merchants, M&As, B2B payments, B2B2B2C, embedded finance, Open Banking, Open Finance, BNPL, marketplace, retail, account-to-account payment, cross-border payments
MUFG Investor Services, a division of MUFG, has announced expansion plans for its banking solutions to provide clients with global payment and cash management services.
product upgrade, banking, FX , ACH, payments , fintech, paytech, financial services
Santander CIB and Komgo, a multi-bank trade finance network, have partnered to accelerate the digital transformation of several Trade & Working Capital products.
partnership, investment, digitalisation, trade finance, banks
Nigeria-based Parallex Bank has obtained a USD 10 million trade finance facility from the African Export-Import Bank (Afreximbank).
funding, partnership, banks, trade finance
The UK Centre for Digital Trade and Innovation (C4DTI) and the Electronic Transaction Development Agency (ETDA) have partnered to improve trading between the UK and Thailand.
partnership, trading, trade finance, cross-border payments, cross-border logistics, digitalisation, payments , digital trade
Research from the CBI and Finastra has showed that there is a gap between the ambition of firms to trade internationally and the reality of doing so.
partnership, survey, SMEs, trade finance, research
Olivier Denecker, Expert Partner at McKinsey, discusses the Global Payments Report 2022 and shares his perspective on the ever-evolving global payments landscape
payments , embedded payments, embedded finance, cross-border payments, consolidation, banks, Open Banking, account-to-account payment, ESG
South Korea has announced plans to offer citizens with a smartphone blockchain-secured digital identity in a wish to boost economic growth.
digital identity, online authentication, fraud prevention, identity verification, online security, blockchain
Experts from the Amsterdam University of Applied Sciences dive deep into the latest data of online marketplaces operating in Africa and Latin America and the Caribbean (LATAM)
marketplace, ecommerce, merchants, retail, online shopping, cross-border ecommerce
Pierre-Claude Blaise, General director and co-founder, Mexican Association of Online Sales (AMVO): 'The Mexican consumer is ready to make online purchases across borders, with 60% claiming that they bought products outside of Mexico already'
cross-border ecommerce, online shopping, ecommerce, SMEs, payment methods, cross-border payments
Singapore and the UK have signed three Memoranda of Understanding (MOUs) in the areas of Digital Trade Facilitation, Digital Identities, and Cyber Security between the two governments.
partnership, digital identity, cybersecurity, digitalisation
The European Bank for Reconstruction and Development (EBRD) and partners have announced that they are exploring digitalisation in green trade finance.
green finance, sustainability , trade finance, digitalisation
The Central Bank of Nigeria has announced it will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on 1 October 2021.
CBDC, central bank, digital currency, blockchain
partnership, banks, SMEs
Contour, trade finance, blockchain, banks, corporates, suppliers, financing
Singapore-based trade facilitation platform provider vCargo Cloud has announced that it launched CamelONE Trade Finance on the Networked Trade Platform.
vCargo Cloud, CamelONE Trade Finance, United Overseas Bank, ANZ, BNP Paribas, DBS Bank, HSBC, Industrial and Commercial Bank of China, MUFG Bank, Oversea-Chinese Banking Corporation, Standard Chartered Bank, Monetary Authority of Singapore, Singapore, Asia, APAC
Standard Chartered and US-based International Financial Corporation have established a USD 1 bln facility to boost trade finance in emerging markets.
International Financial Corporation, Standard Chartered, US, UK, trade finance, partnership, emerging markets, Trade Finance Facility, banking, lending, trade facilitation
Barclays Bank Ghana has announced it will intensify its trade finance support for businesses in Ghana as it transitions to Absa.
Barclays Ghana, Absa, trade finance initiative, Ghana, Africa, trade finance support, SMEs, Trade Finance Facility, trade loan, lending
The value of ecommerce in the UAE is expected to reach USD 27.2 billion by 2020, according to a recent study by the World Economic Forum.
United Arab Emirates, ecommerce, World Economic Forum, electronic payment
The European Bank for Reconstruction and Development has announced providing a USD 50 mln trade facility to the Arab African International Bank Egypt.
EBRD, The European Bank for Reconstruction and Development, Arab International African Bank, trade facility, trade finance, investment, Egypt, Trade Facilitation Program