Trade/page/2 news and trends

Lloyds and Enigio Team on Trade Finance Blockchain
Partnerships // April 04, 2023

British banking giant Lloyds has formed a trade digitization partnership with Enigio. The collaboration, announced by document digitization firm Enigio Wednesday (April 4), is designed to promote the use of digital documentation in trade finance via blockchain technology. The companies say they aim to expand...

Supply Chain Platform Blue Yonder Launches Forecasting Tools for Inventory, Orders and Labor
Supply Chain // March 27, 2023

Blue Yonder has launched three new microservices that help companies better forecast inventory, orders and labor. The new Fulfillment Item Forecasting, Fulfillment Ordering Forecasting and Fulfillment Labor & Resource Forecasting are designed for retailers and manufacturers, encompass online and in-store shopping, and are delivered via Blue Yonder’s software-as-a-service (SaaS) offering, the...

FIs, Startups and Policymakers Drive Intra-African Trade, Payments Within EU-Style Customs Union
Cross Border Commerce // October 18, 2022

Africa is often lagging behind when it comes to global trade but in recent years, projects aimed at building a more autonomous pan-African economy, many of them under the rubric of the African Union (AU), are seeking to redress that balance and secure a more...

Seamless B2C Transactions Demand Interoperability Across African, Global Payment Systems
Cross-border Payments // October 18, 2022

With some 40 currencies across 54 countries, divergent preferences for payment methods and even the same payment method processed differently depending on the country, it’s safe to say the African payment landscape is deeply fragmented. But Omoniyi Kolade, CEO at pan-African payment company SeerBit, is...

Interviews & Exclusives
Instant Payments Set to Boost Intra-African Trade by $5B Annually

February 01, 2022
There’s a huge economic opportunity available to grasp, but Africa will need to be able to trade with itself to tap into it. Until now, however, that has been extremely difficult. For many years, settlements across the region not only required a third currency such as dollars, euros or pounds and euros), but nearly half […]

OpenFin’s Plans To Bridge The Financial Services Desktop App Gap

May 28, 2019
Building and deploying new apps for the financial desktops that keep Wall Street humming can be friction-filled endeavors. Traders and analysts juggle tasks across several platforms, and interoperability is elusive. Fresh...

As March Looms, Brexit Impact On Financial World Still Uncertain

November 22, 2018
Brexit is still being hammered out. Much remains to be done, and amid political wrangling, the future of what financial services will look like after the divorce between the UK...

Quick Reads
Global Trade Sector Taps AI to Smooth Supply Chain Issues

September 03, 2023
The global trade sector may have an answer to supply chain hiccups: AI. As Bloomberg News reported Sunday (Sept. 3), generative artificial intelligence (AI) and large-language models have emerged to help governments and businesses identify both problems and opportunities in a trading system worth $32 trillion. “On the longer time horizon, we’ll see highly accurate […]

Lloyds and Enigio Team on Trade Finance Blockchain

April 04, 2023
British banking giant Lloyds has formed a trade digitization partnership with Enigio. The collaboration, announced by document digitization firm Enigio Wednesday (April 4), is designed to promote the use of...

Supply Chain Platform Blue Yonder Launches Forecasting Tools for Inventory, Orders and Labor

March 27, 2023
Blue Yonder has launched three new microservices that help companies better forecast inventory, orders and labor. The new Fulfillment Item Forecasting, Fulfillment Ordering Forecasting and Fulfillment Labor & Resource Forecasting are designed for retailers and manufacturers,...

WTO Cuts Global Trade Outlook Amid Weak Momentum

October 05, 2022
A surge in trade volumes that started in 2020 is bottoming out due to multiple economic factors that include weakened household demand, higher interest rates and an uptick in energy...