Standard Chartered, a bank, and British International Investment (BII), the UK’s development finance institution, have announced a $100 million trade finance facility aimed at addressing capital constraints facing businesses in… read more →
HSBC has announced the launch of its Tokenised Deposit Service for corporate clients in Hong Kong. The initiative represents the first live deployment of a bank-led blockchain-based deposit system in… read more →
The global factoring industry demonstrated steady growth in 2024, with total turnover reaching €3.89 trillion—a 2.7% increase from €3.79 trillion in 2023. These preliminary figures were released by FCI, the global representative network for factoring and financing of open account domestic and international trade receivables, during the BCR 25th Annual Receivables Finance International Convention (RFIx25) held in London on 21–22 May 2025.
When cross-border payment systems work well, an exporter in Toronto can be paid by a buyer in Tokyo as easily as if the two were in the same city. That… read more →
Citi has launched PayTo functionality for institutional clients in Australia, enabling account-to-account pull payments as part of its broader real-time payments offering. The move provides clients with an alternative to… read more →
The International Finance Corporation (IFC), a member of the World Bank Group, has partnered with Standard Chartered to scale up local currency lending for private enterprises in emerging markets, beginning… read more →
Conversations about the trade finance gap often feel abstract. Another panel. Another graph in a report. After years of diagnosing the problem, a new initiative is finally shifting the focus… read more →
Ripple has launched blockchain-enabled cross-border payments in the United Arab Emirates (UAE), in partnership with Zand Bank (a digital bank) and Mamo (a fintech).
Leaders from the export credit agencies (ECAs) of the G7 countries convened in London this week for a two-day summit hosted by UK Export Finance (UKEF).