TTP

Independent intelligence on liquidity and risk, for real-economy finance

Connecting Trade, Treasury& Payments

The last correspondent: how de-risking left a sovereign nation distributing dollars by blockchain
Intermediate

The last correspondent: how de-risking left a sovereign nation distributing dollars by blockchain

Correspondent banking de-risking has stripped 60% of relationships from the Pacific. Africa, stablecoins, and blockchain offer alternatives.

Tim Staheli
Jul 2, 2026

Latest News

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108k+
Monthly social impressions
11 %
120+
Monthly Stories
7 %
50+
Global Advisory Panel
2 %
57+
Markets covered
5 %

Welcome to Trade Treasury Payments

We are an independent media, research, and education platform for liquidity and risk management. Our coverage spans every continent, with a strong focus on emerging and developing markets.

Media centre

Every story, every format

From breaking news to deep analysis, live coverage to exclusive interviews - discover our comprehensive multimedia content.

The future of factoring – FCI 58th annual meeting highlightsVideoEurope and Central Asia

The future of factoring – FCI 58th annual meeting highlights

Global factoring exceeded four trillion euros in 2025. Discover the future of factoring, AI innovation, and invoice registries shaping receivables finance.

Factoring+4
The Taiwan advantage: AI, semiconductors, and ICTVideoEast Asia & Pacific +1

The Taiwan advantage: AI, semiconductors, and ICT

Taiwan’s leadership in AI, semiconductors and ICT is shaping its global role, supported by targeted industrial strategy, deeper EBRD collaboration and growing investment across Central and Eastern Europe.

Development Finance+2
The world is a bit upside down – but that is exactly our functionVideoEurope and Central Asia

The world is a bit upside down – but that is exactly our function

A natural UK English overview of Jan Müller’s reflections at ICISA’s centenary, exploring the scale of trade credit insurance, rising insolvencies, the polycrisis and the industry’s role in supporting global trade through risk absorption and market development.

Credit Insurance+3
Who is drawing Africa’s new trade finance map?PodcastSub-Saharan Africa

Who is drawing Africa’s new trade finance map?

The African Development Bank’s latest survey shows unmet trade finance demand in Africa falling to seventy four billion dollars, driven by stronger domestic banks, rising intra African trade and better data on SME risk. The report highlights persistent constraints, foreign exchange pressures and the growing role of regional payment systems as African institutions reshape the continent’s trade finance landscape.

Development Finance+3
The missing rails behind the $2.5 trillion trade finance gapPodcastSub-Saharan Africa

The missing rails behind the $2.5 trillion trade finance gap

Ayo Ojerinola explains why the two point five trillion dollar trade finance gap persists, highlighting SME barriers, fragmented data, and the missing digital rails needed for scalable and interoperable trade across emerging markets.

Cross-Border Payments+4
The next generation of treasury intelligencePodcastEurope and Central Asia +2

The next generation of treasury intelligence

For the past several years, Artificial Intelligence (AI) has dominated the mainstream in almost every industry, and corporate treasury is no different. By its nature, treasury is defined by controls, precision, and accountability. If it can be trusted, the integration of AI promises to enable systems to take action and optimise efficiency across all treasury functions.

Corporate Treasury+5
TTP x Sullivan Breakfast Club April 2026WebinarEast Asia & Pacific +6

TTP x Sullivan Breakfast Club April 2026

A TTP x Sullivan Breakfast Club session exploring whether fraud in trade finance can be beaten, drawing on real cases from the transcript. The discussion covers UK fraud trends, evolving typologies, governance gaps, digital infrastructure, insurance solutions and practical steps banks can take to reduce losses.

Workshop on Managing Receivables Finance ProgrammeWebinarEurope and Central Asia

Workshop on Managing Receivables Finance Programme

This live webinar explores how banks design and manage receivables finance and factoring programmes, with perspectives from banks and the EBRD Trade Facilitation Programme.

Factoring+3
Trade fraud is escalating: Why the alarm is ringing and what must changeWebinarEast Asia & Pacific +6

Trade fraud is escalating: Why the alarm is ringing and what must change

On 26 February 2026 at 15:00 GMT, Trade Treasury Payments will host a webinar examining why trade fraud continues to escalate despite longstanding awareness of the risks. Recent high profile cases in the United States have exposed persistent structural weaknesses in the global trade and supply chain finance ecosystem, with duplicated documents, inconsistent data and opaque cross border processes repeatedly failing to trigger coordinated action. Bringing together perspectives from ITFA, BAFT, IIBLP, Complidata and MonetaGo, the discussion will explore the factors behind recent US trade frauds, the fragmentation between governments, regulators and regions that allows fraud to proliferate, and the practical mechanisms needed to move from detection to prevention. Through collaborative industrywide dialogue, the session will focus on how trade associations, regulators and market participants must work together to rebuild trust and resilience in global trade.

Corporate Treasury+2
Publications & resources

Magazine, reports & data

Access our flagship magazine, exclusive industry reports, and comprehensive guides produced with our partners

Issue 05 Fine Print
Latest Edition
Intermediate
Magazine

Issue 05 Fine Print

Explore the latest perspectives shaping trade, treasury and payments in 2026, covering digital trade, liquidity management, risk, trade finance, payment infrastructure and the structural shifts redefining global finance.
128
Total Pages
Jun 30, 2026
Published Date
Read Magazine
Trade Finance Guide 2026
48 Pages
Guide
May 27, 2026

Trade Finance Guide 2026

A clear and accessible overview of modern trade finance, covering risks, instruments, distribution, digital channels and the ITFA and Komgo Trade Finance Taxonomy.
Development Finance
Digital Trade
+3
Billion-dollar deals in a top-heavy commodity market
16 Pages
Research & Data
May 12, 2026

Billion-dollar deals in a top-heavy commodity market

Commodity finance has entered a new phase as the average deal surpasses one billion dollars. This TTP publication analyses TXF’s 2025 data and roundtable insights, highlighting the rise of mega deals, the shift in bank strategies and the growing financing gap facing SMEs.
Commodity Finance
Risk Management
+2
Documentary Collections
60 Pages
Guide
May 6, 2026

Documentary Collections

A practical, expert‑led guide to Documentary Collections, explaining URC 522, D/P and D/A structures, bank roles, common disputes, compliance risks and the digitalisation of Collections under eURC 1.1 and MLETR.
Bills of Exchange
Bills of Lading
+3
Resilient value chains are built on inclusive supply networks
20 Pages
Partner Publication
Apr 29, 2026

Resilient value chains are built on inclusive supply networks

Women led businesses face persistent barriers in accessing trade and supply chain finance. Insights from the IFC Women in Trade Network Roundtable show how legal gaps, data challenges and collaborative action shape more inclusive and resilient value chains.
Cash Management
Development Finance
+3
An old bill, due again: A short history of war finance
20 Pages
Magazine
Mar 4, 2026

An old bill, due again: A short history of war finance

In this edition of Trade Treasury Payments, we look at the long and complex relationship between war and money. Across history, governments have faced the same challenge when conflict begins: how to fund military campaigns without weakening the economy that supports them.
Cross-Border Payments
Digital Trade
+4
Issue 04 | Fault Lines
120 Pages
Magazine
Jan 28, 2026

Issue 04 | Fault Lines

Explore Fault Lines, the latest edition from Trade Treasury Payments, examining the structural pressures reshaping global trade, treasury, and payments as regulation, technology, liquidity, and cross border finance continue to evolve.
Cross-Border Payments
Development Finance
+8
Meet our experts

Governance and editorial board

TTP is editorially led and globally trusted, partnering with 10+ major IFIs and development banks. Our coverage spans every continent, with a strong focus on emerging and developing markets. Our content is shaped by a 50+ member Global Advisory Panel and 9-person editorial board (over 50% women), ensuring clarity, independence, and relevance across liquidity, risk, and cross-border finance.

9-person editorial board with 150 years experience
25+ markets covered
50+ person Global Advisory Panel (GAP)
TB

Tod Burwell

President & Chief Executive Officer at BAFT

Bankers Association for Finance and Trade (BAFT)

President and Chief Executive Officer at BAFT, the global non-profit association responsible for providing thought leadership, advocacy, education, and a global community for organizations engaged in Transaction Banking. Oversee development of industry agenda for trade finance, cash management, liquidity, compliance, innovation and other areas affecting the transaction banking industry. Drive regulatory advocacy, establish best practices and provide training to thousands of practitioners in the transaction banking industry. Membership includes 300+ companies on 6 continents including over 85% of the world’s top 50 banks and the most influential business leaders in transaction banking.

EG

Emmanuelle Ganne

Chief of Digital Trade and Frontier Technologies

WTO

Emmanuelle Ganne is Chief of Digital Trade and Frontier Technologies of the World Trade Organization (WTO) where she leads WTO work on Blockchain. She is the author of a recently published WTO book entitled “Can Blockchain Revolutionize International Trade?”

RH

Rebecca Harding

Chief Executive Officer

Centre for Economic Security

Dr. Rebecca Harding is CEO of the Centre for Economic Security and an independent trade economist, author, public speaker. She is a specialist in digital and sustainable trade and supply chain finance, geoeconomics and geopolitics. Her affiliations include roles as Chief Economic Adviser to the Defence Security and Resilience Bank, an Associate at Earendel Associates, a Senior Fellow at the British Foreign Policy Group and an Associate Partner in the T3i Partner network. She is a member of the Alphen Group.

Her strategic advisory business, Rebeccanomics, provides services in international trade including work on sustainable trade finance for the ITFA and the Sustainable Trade Forum. In 2022 she was awarded the “Net Zero Entrepreneur of the Year” at the annual Scale Up Group’s Enterprise Awards.

She has built three data-based technology businesses. She has held senior positions as Head of Corporate Research at Deloitte, Senior Fellow at London Business School, and Chief Economist roles at the Work Foundation and at UK Finance. She acted as Specialist Adviser to the Treasury Select Committee and advised the All-Party Parliamentary Group on Entrepreneurship. Between 2004 and 2018 she was a Director and Trustee of the German-British Forum.

EH

Eleanor Hill

Treasury Editor

London
Trade Treasury Payments

Eleanor Hill is an Editorial Board Member, covering treasury, cash and payments at Trade Treasury Payments.

AK

Alan Koenigsberg

Founder/CEO

Koenigsberg Insights

As Founder and CEO of Koenigsberg Insights, he brings decades of expertise across payments, treasury, and financial services, helping organisations translate complexity into clarity. He specialises in delivering actionable solutions that strengthen risk management, optimise costs, and accelerate time-to-market through scalable and resilient operational frameworks. Through Koenigsberg Insights, he provides executive advisory services, expert-witness testimony, and strategic guidance that support sustainable, long-term outcomes.

Beyond the firm, he serves on the Editorial Board of Trade Treasury Payments and on the Advisory Board of Cardlay — roles that reflect his commitment to shaping the future of financial services. At TTP, he contributes insight on liquidity, risk, and market infrastructure to advance industry education. At Cardlay, his advisory work focuses on go-to-market strategy, product positioning, and enterprise expansion.

Across all his roles, he remains dedicated to delivering clarity, innovation, and strategic foresight that help institutions navigate a rapidly evolving financial landscape.

CL

Catherine Lang-Anderson

Partner

A&O Shearman
Catherine Lang-Anderson acts for a variety of clients across the full range of trade, commodities and supply chain products including prepayment facilities, structured commodity finance, trade receivables and supply chain finance and restructurings in the commodities sector.

She has advised UK and global industry bodies on legal and regulatory issues affecting the trade and commodity finance community, speaks frequently at international industry conferences and contributes to trade and commodity finance publications.

Catherine is recognised as a ‘Leading Individual’ for Trade and Commodity Finance and ‘Next Generation Partner’ in Emerging Markets by Legal 500 UK (2024) an and noted as “a wonderful leader and adviser” leading a team that is “commercial, innovative and always responsive”.

PM

Pamela Mar

Managing Director - Digital Standards Initiative

International Chamber of Commerce

Pamela Mar Managing Director of the Digital Standards Initiative (DSI) of the International Chamber of Commerce, based in Singapore.

The DSI is a public private partnership backed by the ICC, Asian Development Bank, World Trade Organization and the Singapore government, dedicated to accelerating the digitalization of global trade as a key driver of growth, development and inclusion. Prior to joining the DSI, Pamela was Executive Vice President for Supply Chain Futures, and then EVP for Knowledge and Applications for the Fung Group, a Hong Kong based multinational supply chain manager where she was also the first Group head of Sustainability. 

She was named one of Asia’s ten A-list sustainability leaders in 2019, and is a recognized industry leader in this area. Prior to moving to Hong Kong, Pamela was based in Shenzhen as a Director of Global Finance for TCL Multimedia Technology, the first major Chinese company to go global by buying a foreign brand.

Prior to TCL, Pamela ran Greater China for the World Economic Forum, based in Geneva for five years. Pamela was born in New York and went to university in the USA, but has spent the majority of her life abroad, with stints in Bangkok, London, Geneva and Shenzhen.

EJ

Eleonore Juliane Treu

Legal & Director of ICC Austria Trade Finance Week

ICC Austria

Eleonore Juliane Treu, a German lawyer, is in-house legal counsel at ICC Austria. Her day-to-day activities include international capacity building, business development and project management in Trade Finance, Letters of Credit, Bank guarantees and Arbitration.

She is a member of the “Legal Committee” of the “ICC Banking Commission”, a member of the acceptance stream of the ICC Task Force on Digitalisation and founding member of the “Regional Banking Forum CEE and Central Asia”. She frequently travels to those regions to speak on ICC’s priorities, on opportunities for capacity building and on various ICC policy agendas.

Eleonore regularly teaches at Austrian universities and has published several essays and articles. Prior to joining ICC Austria she worked at the “Institute for International Civil and Civil Procedural Law” at the University Leipzig and the Law Department of the “University of Applied Science” in Wiener Neustadt.

RW

Richard Wulff

Executive Director

International Credit Insurance & Surety Association (ICISA)

Richard Wulff is the Executive Director at ICISA – the International Credit Insurance & Surety Association. With over 30 years of experience as a senior (re)insurance executive, he has led business transformations across Europe, Australia, and East and Southeast Asia, specialising in turnaround management and growth. His expertise spans all areas of non-life insurance, with a focus on trade credit insurance, surety, and political risk insurance.

His leadership style emphasizes teamwork, collaboration, strategic and tactical planning, execution, and transparency with both internal and external stakeholders.

Key achievements include:

  • Leading successful turnarounds at QBE, Munich Re, and the NCM Group, surpassing market benchmarks for revenue and profit growth.
  •  Expanding business by introducing new products, entering new markets, and ensuring consistent execution of strategic plans.
  • Establishing legal entities to enhance operational efficiency and profitability through improved structure and processes.
GW

Geoffrey Wynne

Partner

Sullivan

Geoffrey Wynne is a partner and head of Sullivan’s Trade and Export Finance Group and the firm’s London office. Recognised as one of the leading trade finance lawyers globally, Geoff advises major trade finance banks and financial institutions around the world on trade and commodity transactions in virtually every emerging market and works on structured trade transactions covering a wide range of commodities.

Geoff also acts extensively for industry bodies including BAFT, ITFA and the ICC on documentation and rules promulgated by them in trade finance. He has recently been involved with issues across the trade finance spectrum including the move towards digitising of trade documents. Geoff was given a Lifetime Achievement Award by RFIX in 2024 and is recognised as a leading lawyer by Chambers UK, the Legal 500, UK and IFLR1000.

GM

Gwen Mwaba

Managing Director | Trade Finance & Correspondent Banking

Egypt
African Export-Import Bank (Afreximbank)

Gwen Mwaba is a senior trade finance leader at Afreximbank, where she plays a central role in advancing sustainable financial solutions that strengthen Africa’s trade and investment landscape.

She leads new business development and strategic relationship management initiatives across the continent, drawing on deep expertise in structured trade finance and investment banking. Her work supports Afreximbank’s mandate to expand access to trade finance, deepen market participation, and deliver tailored solutions that respond to the evolving needs of African corporates and financial institutions.

Working closely with regional and international partners, Mwaba has contributed to the development of a resilient and inclusive trade finance ecosystem. Her approach combines commercial discipline with a strong commitment to economic development, positioning trade finance as a catalyst for growth, integration, and long-term prosperity across African markets.

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Governed by our editorial charter
Regulated by IPSO
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Global Advisory Panel

50+ industry experts worldwide

Our global advisory panel includes senior executives from major banks, regulators, and fintech leaders across six continents.

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Events Covered
Partner events

Industry events & conferences

Join leading professionals at exclusive events organized by our partner associations and institutions

Filters Event
BAFT 2026 virtual trade finance workshop
East Asia & Pacific+6
Online
Documentary Credits+4

BAFT 2026 virtual trade finance workshop

Join BAFT’s 2026 Virtual Trade Finance Workshop from 22 to 24 September...

Sep 22, 2026 - Sep 24, 2026
Virtual Attendance Worldwide
ITFA week 2026 – Educational seminar part 1 and part 2, London
Europe and Central Asia
Risk Management+2

ITFA week 2026 – Educational seminar part 1 and part 2, London

A two day ITFA Week Educational Seminar in London hosted by A...

Jun 29, 2026 - Jun 30, 2026
One Bishops Square, London
SAP for treasury and working capital management conference 2026
Europe and Central Asia
Conference+1
Cash Management+4

SAP for treasury and working capital management conference 2026

Join treasury leaders, SAP experts and finance professionals in Rome for the...

Jun 23, 2026 - Jun 25, 2026
Rome, Italy
Two Landmark TF COP Gatherings in 2026
East Asia & Pacific+6
Conference+1
Cash Management+3

Two Landmark TF COP Gatherings in 2026

Join TF COP 2026 in London on 12 June 2026 for expert...

Jun 12, 2026 - Jun 12, 2026
EBRD Headquarters, London
Commodity Trading Week Americas co-located with Energy Trading Week Northeast 2026
North America
Conference
Commodities

Commodity Trading Week Americas co-located with Energy Trading Week Northeast 2026

Commodity Trading Week Americas returns on 17 and 18 June 2026 in...

Jun 17, 2026 - Jun 18, 2026
DoubleTree by Hilton, Stamford
ITFA Emerging Leaders Half-Day Workshop with TTP, London
Europe and Central Asia
Partner Event
Corporate Treasury+3

ITFA Emerging Leaders Half-Day Workshop with TTP, London

Join the ITFA Emerging Leaders half day workshop with TTP in London....

Jun 17, 2026 - Jun 17, 2026
Second Home, 68 Hanbury Street, London

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