Trade Finance Talks

Sibos Supplement - Turning SME credit scoring on its head - the Banking Circle approach to financial inclusion

TFG spoke to Mishal Ruparel, General Manager at Banking Circle, about the new applications of technology in banking to help better serve the underbanked SMEs. Using AI-driven credit scoring and new approaches to analyse credit card transaction data, Banking Circle's proposition is game-changing the world of SME finance.

Sibos Supplement: essDOCS CEO - Can we make trade paperless?

Hear from the co-CEO of essDocs Alexander Goulandris about the different solutions for paperless trade and the launch of a new product in collaboration with SWIFT, called CargoDocs Match. Digitising trade is an enormous change management problem. The huge number of stakeholders that simultaneously need to change how they do business, from a paper-based manual approach to a digital approach. In addition to that, there's legal quandary - it’s where not all countries embracing digital trade or facilitate it in the legislation. So that makes certain people and certain users uncomfortable.

TFT Live Lounge, ITFA Budapest: Is E-Invoicing The Giant on Our Doorstep?

Today TFG record live from the ITFA Annual Meeting in Budapest. The conference covered developments within areas of supply chain finance, credit risk insurance and ever more creative risk distribution techniques, as well as the rise of FinTech within the trade and open account environment. TFG heard from Mr Charles Bryant, the founder and Secretary-General of European E-invoicing Service Providers Association EESPA, discussing e-invoicing.

Learning from the experts: Bob Ronai on Incoterms(R) 2020 - Then and Now

Today we're reminding our listeners that incoterms rules are changing at the start of 2020. With the updates and specific changes to be announced very shortly by the International Chamber of Commerce. We are delighted to be joined by a world-renowned exporting expert,  Mr Robert Ronai. He has over five decades of experience in exporting and importing stretches, in international banking and the world of international commerce. Bob now has the honour of being the first Australian and only the second non-lawyer to be invited by the ICC to be a member of their Incoterms® Drafting Group to draft the new Incoterms® 2020. Bob is a prolific speaker and an active voice within Incoterms and trade finance. Joining us today from Australia, Bob has managed two of the most active LinkedIn groups within trade finance and Incoterms, attracting a collective 50,000 followers in the community. 

Islamic Finance and Shariah: UK Market Overview

Islamic finance is a specialist area that presents exciting growth opportunities for UK-based financial and related professional services. The industry’s increasing importance for Islamic and other investors around the world is evidenced by its steady growth in recent years. Potential future growth prospects are robust, supported by global demographic trends. Sharia (Islamic law) compliant banking assets make up 6% of the world’s banking assets, but globally, approximately one in four people are Muslim. The scope for growth is obvious.

TFT TAKEOVER: Supply Chain Finance Programmes in Asia - The Digital Transformation

As we celebrate our 20th podcast of Trade Finance Talks, we’re doing something very special. It’s TFG's first-ever Podcast Takeover, and we welcomed Michael Bickers, Editorial Director of BCR Publishing, who Trade Finance Global has partnered with for the BCR Supply Chain Finance Summit APAC on the 15th and 16th of October in Singapore. Michael speaks to Jolyon Ellwood-Russell, Partner, Financial Markets at Simmons & Simmons, based in Hong Kong. The topic is around Supply Chain Finance (SCF) programmes in Asia, how they’re changing, and what corporate treasurers, transaction banking teams and service providers could be thinking about when it comes to SCF.

Mind the Education Gap: Is Trade Finance Sexy?

TFG heard from David Morrish and Charles Woodgate from the London Institute of Banking and Finance, ahead of their annual conference, the World Conference for Banking Institutes (WCBI). Given times of unprecedented change within global trade, we discuss what this means for trade-related education, as well as the current diversity and gender challenges within the trade.

Moving forward with Credit Insurance: Mitigating Risk in Trade Finance

Credit Insurance is an important risk mitigant in international trade. So much can go awry, from political issues to non-payment. Both corporates and banks are now using credit insurance as a risk mitigant when financing international trade. But what actually is credit insurance, how can it be used to facilitate trade finance as a risk mitigant, and what are the key watch outs a corporate or bank should consider when using credit insurance? We talked to two credit insurance experts about security, policy wording, obligations and what happens when things go wrong.
See the full transcript here: https://www.tradefinanceglobal.com/posts/podcast-s1-e18-moving-forward-with-credit-insurance/

Fast and Furious: Eventuri CEO Exclusive with UK Luxury Car Systems Exporter

Exporting is great, but hard. Particularly for UK exporters today. The global economy is changing fast. Despite the global financial crisis and Brexit, UK exports were worth around two times more in 2017 than in 1997 in real terms. Exporting is hard, especially for SMEs. Grappling with tariff changes, certificates of origin, Incoterms and all the customs documentation is no easy feat. On that subject, TFG spoke to the winner of the Queen’s Award for Enterprise: International Trade. Deepesh Patel interviewed Imran Arshad, founder of Eventuri, an SME that designs and manufactures advanced carbon fibre air intake systems used for performance cars.
See the full transcript here: https://www.tradefinanceglobal.com/posts/podcast-s1-e17-imran-arshad-eventuri-ceo-exclusive-with-uk-luxury-car-systems-exporter/ 

Incoterms® 2020 - Rules and Updates from the ICC United Kingdom

On the 1st January 2020, Incoterms® Rules will be changing. As Media Alliance Partners of the ICC Incoterms® 2020 rules changes, TFG's Deepesh Patel heard from ICC United Kingdom's Director General, Chris Southworth, as well as Professor Charles Debattista and David Lowe from the ICC Incoterms® 2020 Steering Committee. We hear about the importance of Incoterms® in international trade, why they are changing in 2020, and what businesses should be thinking about in order to prepare for these changes.
See the full transcript here: https://www.tradefinanceglobal.com/posts/podcast-s1-e16-incoterms-2020-rules/