XDC Network, a highly interoperable, hybrid blockchain platform that supports global trade and finance, is honoured to have been selected as the first blockchain company to join the global Trade Finance Distribution (TFD) Initiative, a consortium of trade originators, credit insurers, and institutional funders on a mission to boost automation and transparency in trade asset […]
Intra-African trade has the potential to deliver prosperity across the African continent, according to a whitepaper launched today by British Arab Commercial Bank (BACB). However, despite the continent’s impressive economic growth achieved in recent decades, trade flows between African nations have remained low and account for just under 17% of total trade volumes. In the […]
Banca Transilvania, the largest bank in Romania, has selected HPD Lendscape, a leading international secured-lending platform vendor, as their technology partner to expand their product offering, streamline lending processes, and further digital and mobile services. Since 2014, factoring volume has nearly doubled in Romania. According to FCI statistics, it is one of the very few […]
FCI’s 53rd Annual Meeting will be the place to be on 22-23 September for Open Account Receivables Finance professionals. This year’s annual meeting will be held virtually through an interactive and immersive virtual platform on 22-23 September. Download the programme Themes and topics This annual meeting will gauge the direction of the industry and discuss […]
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, released today the fifth edition of its Annual Development Effectiveness Report titled ‘Embracing disruption to build back better’, addressing the overwhelming disruptive impact the Covid-19 pandemic has had on the world. The report highlights how the pandemic created opportunities that […]
Timo, Vietnam’s first digital bank, has announced it is partnering with SaaS banking platform Mambu to leverage the benefits of a cloud native core banking platform to significantly scale its business. Timo, one of Vietnam’s most innovative banks, offers a unique, user-friendly ‘banking-on-the-go’ experience to customers, and was named both Fastest Growing Digital Bank and […]
Global recruitment specialists Michael Page Singapore witnessed the number of jobs rise in Q2 2021 compared to Q1 led by an increase in industrial and manufacturing at 60%. This was followed by an increase in opportunities within sales and marketing (up 41%) and digital (up 33%). According to job opportunity data shared by Michael Page, […]
Cyberport Academy will host a Green Finance Speaker Series to promote green finance in Hong Kong with fintech support in light of the rise of green finance. Cyberport believes that fintech can empower the development of green finance and is committed to playing a role in promoting green fintech to strengthen Hong Kong as an […]
In the period from January to March 2021, total trade between Moscow and EU member states rose 2% to USD 27.46bn. According to Vladimir Yefimov, Moscow’s deputy mayor for economic policy and property and land relations, the capital city accounts for half of the volume of trade between Russian and the European Union. “In January […]
CaixaBank has financed the RIU Group for the acquisition of 49% of 19 hotels, owned by the tour operator TUI, which operate under the RIU Hotels & Resorts brand, and for the development of new business projects. Thanks to this loan of 825 million euros of capital, the hotel group will have the liquidity needed […]
