Tag: International trade
How insurance companies can mitigate risks with effective sanctions compliance
Sanctions serve as a powerful foreign policy instrument, exerted by governments to influence behaviour by penalising nations, entities, or individuals engaged in unlawful activities. According...
SmartLoC Secures €1.8M for Trade Payments
SmartLoC, a pioneering startup focused on developing a cutting-edge, fully digital B2B payment solution, has secured €1.8m in seed funding.
ila Bank joins BUNA for multi-currency transfers
ila Bank, a trailblazer in Bahrain's digital banking sector and a subsidiary of Bank ABC, has recently announced its collaboration with BUNA, the Arab Monetary Fund's innovative cross-border and multi-currency payment system.
Finastra and ELCY unveil unified Corporate Trade Finance Portal for global...
Finastra, a prominent global provider of financial software applications and marketplaces, is joining forces with ELCY, a leading specialist in e-commerce solutions dedicated to the processing of international trade finance.
Global financial threads: The risks and rewards of correspondent banking
Correspondent banking plays a pivotal role in shaping the global financial landscape. Serving as the backbone of international trade, especially for budding and developing...