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...
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...
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...
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...
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 […]
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...
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...
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 […]
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...
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,...
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...