Traditional letter-of-credit documentation is no longer fit for purpose. Blockchain technology is now emerging as one of the ...

A Cash Against Documents transaction orchestrated by Saudi-based ITFC (www.ITFC-IDB.org) was successfully completed between SOFITEX (www.SOFITEX.bf) and Louis Dreyfus Company (LDC) (www.LDC.com), ...

Commenting on the reception of the award, CEO of ITFC, Eng. Sonbol said: “ITFC is honored to have been once again awarded as the best Islamic trade finance institution globally after winning same in ...

Trade finance’s financing gap and paper-based inefficiencies create blockchain’s largest opportunity. Tokenized receivables ...

Global trade has evolved in every imaginable way except the one that matters most. Goods travel across continents in days, communication happens in seconds, yet the financing behind those transactions ...

Global Finance has named the 26th annual World’s Best Trade Finance Providers in 14 global categories, eight regions, nearly 100 countries, territories and districts, and six US regions in an ...

There will be many steps in the process of making blockchain technologies widespread in trade finance, but a crucial one was taken in October by Commonwealth Bank of Australia, Wells Fargo and a ...

A faster way to pay suppliers marks a new era for international trade as it helps companies unlock working capital and improve cash flow. Bank Payment Obligations (BPOs) are one tool among many though ...

Accra, Aug. 19, GNA – Ghana International Bank (GHIB) has announced a strategic collaboration with Vista Bank Group at the CONVERGE 2025 Conference, establishing a comprehensive partnership to enhance ...

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor. Amid geopolitical shifts and regulatory pressures, trade finance is ...

A widening trade finance gap is preventing ASEAN’s small and medium-sized enterprises from fully participating in regional and global markets. Traditional banks remain cautious, leaving many firms ...