The World Bank has appointed Mizuho banker Tsutomu Yamamoto as managing director of the Multilateral Investment Guarantee ...

Blockchain trade finance initiative Contour has now left beta, bringing the decentralised, digital trade finance platform into full live production. Owned by eight shareholder banks – Bangkok Bank, ...

The SBTi has released its first net-zero standard for financial institutions, calling for an end to financing fossil fuel expansion.

When oil-rich South Sudan achieved independence in 2011, it entered the club of nations with a clean financial slate and no government debt. But in the intervening years, many of them marred by a ...

Global financial messaging coordinator Swift has launched two AI pilot projects to target cross-border payments fraud.

HSBC can continue gaining market share in trade finance despite uncertainty created by US tariffs, chief executive Georges Elhedery has said, as the bank reported a bump in trade revenue in the first ...

The US government’s shift towards real-time sanctions enforcement for seaborne Iranian oil trade risks leaving banks and commodity traders exposed to high costs and gruelling litigation, researchers ...

A group of trade finance veterans has launched ETR Digital, a technology company offering digital negotiable instruments (DNIs) to businesses and banks for trade. The company says in a release that it ...

Metals and mining conglomerate Metinvest Group has closed a €23.6mn buyer credit facility with Deutsche Bank, backed by Finnvera.

HSBC has called time on Serai, its wholly owned subsidiary that operated as an online B2B platform for SME trade, after the venture failed to make money. Originally launched in 2019 as part of the ...

The komgo blockchain platform for commodity trade finance has acquired Trafec, a multi-bank trade finance application, to further grow its network. komgo, which went live at the end of 2018, is ...