ICC Banking Commission’s Olivier Paul explains the growing interest in supply chain finance in Documentary Credit World

In an article for Documentary Credit World, Olivier Paul, ICC Banking Commission Head of Policy, explains that banks are increasingly embracing supply chain finance solutions and digitalisation of the trade finance sector.

Expanding on findings from the ICC’s 10th Global Survey on Trade Finance, Paul says that the overall outlook for trade finance generally, and supply chain finance specifically, is one of growth and optimism, despite regulatory and compliance concerns.

The full article can be read in the June edition of Documentary Credit World, pages 22-24.

ICC Banking Commission’s Doina Buruiana discusses the trade finance gap in African Review

In an article for African Review, Doina Buruiana, Project Manager at the ICC Banking Commission, discusses the drivers behind the unmet demand for trade finance, which is estimated to stand between US$110bn and US$120bn in Africa.

Buruiana explains that although banks in Africa are providing increasing amounts of trade finance, obstacles remain in the way of growth, namely those of regulation and compliance.

To read the full article on pages 20-21 of African Review’s July edition, click here.

ICC Banking Commission’s Olivier Paul discusses supply chain finance and digitalisation in Treasury Management International

In an article for Treasury Management International, ICC Banking Commission’s Head of Policy Olivier Paul expands on results from the ICC’s 10th Global Survey on Trade Finance.

Findings from the survey, which gathered responses from over 250 banks in 91 countries, revealed that while traditional trade finance provision is on the up, there is now a corresponding growth in SCF. What’s more, most banks are taking steps towards embracing digitalisation, with over 60% of respondents indicating they have implemented or are in the process of implementing technology solutions as part of their trade finance processes.

The full article can be read here.

ANZ and ICC Banking Commission’s Mark Evans quoted on the impact of blockchain on trade finance in The Banker

In an article for The Banker, Mark Evans – member of the International Chamber of Commerce (ICC) Banking Commission Executive Committee and ‎Managing Director, transaction banking, at ANZ – comments on the benefits of blockchain in trade finance.

Evans says that Distributed Ledger Technology (DLT) “enables every participant in the chain to be able to see all transactions or touch points in one ‘block’ of information. This provides a high level of visibility and transparency to the progress of the transaction.”

To read the article in full, please click here.

BNY Mellon’s Carl Slabicki discusses the growing adoption of real-time payments by banks

Outdated payment systems, regulation, evolving consumer needs and promising fintech initiatives are all driving the demand for enhanced transaction capabilities. As a result, banks are increasingly adopting real-time payments to address evolving needs. In a commentary article for TMI, Carl Slabicki, Director, Immediate Payments, BNY Mellon Treasury Services, discusses how the real-time landscape is gaining traction, the implementation of the real-time payments (RTP) initiative in the US, and how banks and the wider industry can make enhanced, real-time payments a global reality.

To read the full article, please click here.

 

CAB launches its new video

Crown Agents Bank’s new video made its debut at the Treasurers Roundtable Annual Conference in Washington DC last week.

Moorgate was involved in all stages of the production.

 

Miroslav Petkov, S&P Global Ratings, considers the growth of adaptation finance in the face of climate change, for the Cambridge Institute of Sustainable Leadership (CISL)

Following extreme weather events last year, the international community has issued multiple calls to strengthen infrastructure against extreme weather events and the expected impact of climate change. Writing for the Cambridge Institute of Sustainable Leadership (CISL), Miroslav Petkov, Director, S&P Global Ratings explores the need for and potential rise of adaptation infrastructure finance.

Read the full article here