This content is contributed or sourced from third parties but has been subject to Finextra editorial review. On 20th September, the Electronic Trade Documents Act came into force. I have written here ...
While global trade costs have dropped over the past 200 years, the paper-based trade documents still required in many developing nations contribute to trade delays and high costs, particularly in ...
The UK and 90 other countries have reached the first ever global digital trade agreement, after five years of negotiations at the World Trade Organization (WTO), which aims to facilitate cross-border ...
Trade finance rarely makes headlines. But behind the scenes, it underpins over $30 trillion in annual global commerce. Still, the systems that power it remain paper-heavy, slow and exclusionary. Small ...
The Government publishes a consultation paper to gather industry views on proposed legislative amendments intended to ...
Lloyds Bank is streamlining its trade financing sales through the use of artificial intelligence (AI), which will automate the checking of documents in line with industry regulations. Trade finance ...