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...

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