Trade Finance Talks - podcast cover

Trade Finance Talks

Trade Finance Globalwww.tradefinanceglobal.com
The latest trends, technology and insights in the world of international trade, supply chain and receivables finance from Trade Finance Global. Tune in for updates on https://www.tradefinanceglobal.com.

Episodes

’22 in 22 minutes

There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces. As we make plans to wrap up this year and head into the next, TFG wanted to take a look back at all that has happened and the major themes discussed in each of the last 12 months. Read more here:

Dec 21, 202222 minEp. 106

Incoterms: customs, case studies, and industry challenges

With so many of our daily goods coming from abroad, Incoterms play a much more significant role in our lives than most of us realise. Some estimates indicate that International Commercial Terms (Incoterms) help to facilitate around 90% of all goods and transport transactions worldwide. However, despite their widespread use and importance, these terms are often the source of a lot of confusion for importers and exporters alike. To help clarify the subject, Trade Finance Global (TFG) spoke with Ho...

Dec 13, 20229 minEp. 105

Float or sink: BIMCO discusses eBL adoption, standards, interoperability

Maritime transport is the backbone of international trade and the global economy, with over 80% of the volume of international trade and goods being carried by sea. The shipping industry has seen varying conditions over the course of the last two years, having been greatly impacted by COVID-19 and subsequent supply chain issues. This has been compounded by other events, such as the current Russia-Ukraine conflict. Given the complexity of the topic, Annie Kovacevic sat down with Grant Hunter, dir...

Nov 15, 202220 minEp. 104

Part 2: Enablers that empower and support women-owned or women-led MSMEs

To learn more about how the WTO is championing women-led MSMEs, Trade Finance Global (TFG) moderated a panel discussion at the WTO Public Forum in September 2022 with leaders in the field. Participants in the WTO panel included Jennifer Buckley, founder and managing director of women-led independent impact investment firm, Sweef Capital; Jessica Espinoza, CEO of gender-focused global investment body, 2X Collaborative; and Susan Barton, team leader, trade strategy and outreach, UK Foreign, Common...

Nov 04, 202223 minEp. 103

Part 1: Increasing access to financing and empowering women-owned or women-led MSMEs

Women-led MSMEs are playing a critical role by creating income, generating opportunities, and supplying goods and services used daily in rural and urban areas. Anabel González, WTO deputy director-general, hosted a roundtable discussion at the WTO Public Forum in September 2022. Trade Finance Global (TFG) moderated the event which discussed technology’s role in bridging the financing gap that women-owned MSMEs face. https://www.tradefinanceglobal.com/posts/podcast-p1-s1-e102-increasing-access-to...

Nov 04, 202236 minEp. 102

Trade4MSMEs on breaking down international barriers to trade

At the WTO’s Public Forum in September 2022, helping MSMEs access trade and trade finance, especially during the current economic times, has been one of the top agenda items. To learn more about how the WTO is putting its weight behind the cause, Trade Finance Global (TFG) spoke with Uruguay's Ministry of Foreign Relations, Mauro Bruno. https://www.tradefinanceglobal.com/posts/podcast-s1-e101-trade4msmes-on-breaking-down-international-barriers-to-trade...

Oct 20, 20227 minEp. 101

The future of BaaS and innovation in the cross-border payments space

To find out more about BaaS and innovations within the sector, Trade Finance Global (TFG) spoke with Valli Ardalan, global head of revenue and sales at Visa Direct, and Barry Rodrigues, EVP Payments Business Unit at Finastra. https://www.tradefinanceglobal.com/posts/podcast-s1-e99-the-future-of-baas-and-innovation-in-the-cross-border-payments-space

Oct 10, 202218 minEp. 99

SWIFT thinking: how the global payments system can help digitalise trade finance

Businesses and industries that were unprepared for a quick transition to a digital economy were hit hard during the early months and subsequent years. Trade finance was one of these industries. Trade Finance Global (TFG) spoke with Rishikesh Tinaikar, global head of corporates and Trade Go to Market at SWIFT, to further explore the pandemic recovery and how lockdowns are accelerating trade finance’s push toward digitalisation. https://www.tradefinanceglobal.com/posts/podcast-s1-e100-swift-thinki...

Oct 07, 202219 minEp. 100

Hipotekarna Banka on trade finance, multilateral support, digital transition in Montenegro

The European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Program forum in Istanbul heavily featured discourse around Southeastern European countries, namely promoting trade into the region. To learn more about the trade ecosystem in the Balkan peninsula, TFG joined Ana Golubovic, a management board member at Hipotekarna Banka in Montenegro, Europe. https://www.tradefinanceglobal.com/posts/podcast-s1-98-hipotekarna-banka-on-trade-finance-multilateral-support-digital-transi...

Sep 30, 20225 minEp. 98

Faces of trade: the people behind the policies

Changing this mindset and highlighting the human lives behind international trade policy is what Clara Weinhardt, assistant professor in international relations at Maastricht University, hopes to do with the Faces of Trade Diplomacy project. Find out more: https://www.tradefinanceglobal.com/posts/podcast-s1-ep97-faces-of-trade-the-people-behind-the-policies...

Sep 29, 202220 minEp. 97

Correspondent banking in the Caribbean: the impact of ‘derisking’ on the real economy

Following on from the BAFT Annual Annual Meeting in Washington, Trade Finance Global (TFG) sat down with Dalton Lee, chairman of the Caribbean Association of Banks (CAB), to discuss the status of the correspondent banking world, and what cutting such relationships means to Caribbean economies. Find out more: https://www.tradefinanceglobal.com/posts/podcast-s1-ep96-correspondent-banking-in-the-caribbean-the-impact-of-derisking-on-the-real-economy...

Sep 15, 202220 minEp. 96

The lifeblood of global trade: improving financial inclusion for SMEs

TFG spoke to two leading policymakers at the G20 on how to improve financial inclusion for SMEs. Check out the article here: https://www.tradefinanceglobal.com/posts/podcast-s1-ep95-the-lifeblood-of-global-trade-improving-financial-inclusion-for-smes/

Sep 08, 202221 minEp. 95

UKEF, DIT, and TFG release trade and export finance guide

Trade Finance Global (TFG) are delighted to announce the official release of a new trade and export finance guide in partnership with the Department of International Trade (DIT) and UK Export Finance (UKEF). In order to gain more information on the guide, TFG sat down with Mark Abrams, global head of trade and receivables finance, at TFG. Find out more: https://www.tradefinanceglobal.com/posts/podcast-s1-e94-ukef-dit-tfg-release-trade-export-finance-guide/

Sep 06, 20227 minEp. 94

Change is in the air: company leaders and hybrid models hailed as lighthouses holding the key

TFG spoke to two leaders in the fields of finance and technology about the changing role of Chief Financial Officers (CFOs) and hybrid models for streamlining and future-proofing corporate operational processes. Check out the article here: https://www.tradefinanceglobal.com/posts/podcast-s1-e93-change-is-in-the-air-company-leaders-and-hybrid-models-hailed-as-lighthouses-holding-the-key/...

Sep 06, 202226 minEp. 93

ITFA’s Sean Edwards on emerging markets and digitisation

Trade Finance Global (TFG) are proud to once again partner with International Trade and Forfaiting Association (ITFA) at their 48th annual conference in Porto. In preparation for the conference, TFG caught up with ITFA’s Chairman, Sean Edwards, to discuss some of the key themes. Edwards outlined two major themes to be expected at the conference this year: digitisation and emerging markets. Find out more: https://www.tradefinanceglobal.com/posts/podcast-s1-e92-itfas-sean-edwards-on-emerging-marke...

Aug 31, 202218 minEp. 92

The evolution of the UCP 600 and supplementing rules for documentary credits

International trade has faced many challenges in recent years. In addition to COVID-19 taking a toll on the global economy, the conflict in Ukraine and subsequent sanctions against Russia have compounded the effects. In our latest episode, Trade Finance Global (TFG) spoke to UCP 600 expert David Meynell , senior technical advisor for the ICC Banking Commission and digital rules advisor to the Centre for Digital Trade and Innovation, to get more information. Find out more: https://www.tradefinanc...

Aug 02, 202224 minEp. 91

FCI - why the factoring industry is experiencing a boom

The world of factoring has undergone a major boom in the last two years. TFG spoke to one of the world’s largest factoring associations to find out how trade receivables can help solve the liquidity crunch caused by supply chain disruption. Check out this post to find out more: https://www.tradefinanceglobal.com/posts/podcast-s1-e90-fci-why-the-factoring-industry-is-experiencing-a-boom

Jul 20, 202220 minEp. 90

Fraudbusters – MonetaGo’s CEO on tackling duplicate financing fraud in trade finance via the Trade Finance Registry

With the trade finance gap at an all-time high, some tech companies are creating novel solutions to help combat the wide-scale fraud that has challenged the sector for many years, making it a more attractive space for lenders once again. TFG spoke to Jesse Chenard, CEO of MonetaGo to find out more. Check out this post to find out more: https://www.tradefinanceglobal.com/posts/podcast-s1-e89-fraudbusters-monetagos-ceo-on-tackling-duplicate-financing-fraud-in-trade-finance-via-the-trade-finance-re...

Jul 20, 202214 minEp. 89

Future-proofing trade finance and insurance through technology

Managing risk within lending and underwriting is essential during uncertain times. Given the critical role credit insurance and surety plays within trade and export finance, TFG spoke with Tinubu about the role of artificial intelligence (AI) and distributed ledger technologies (DLT) in future-proofing the industry. Find out more: https://www.tradefinanceglobal.com/posts/podcast-s1-e88-future-proofing-trade-finance-and-insurance-through-technology/

Jun 28, 202215 minEp. 88

Technology can reduce risk and save costs if used effectively

With the current macroeconomic and geopolitical landscape looking fairly bleak, financial risk management and the ability for businesses to adapt quickly to changing conditions has never been more important. Technology has a role to play in both. TFG spoke to two leading trade credit risk management experts, Marian Berden and Robert Meters of Schumann on how technology has the potential to help business avoid some of the costs and stresses associated with current economic conditions. Find out mo...

May 27, 202230 minEp. 87

Why the Queen’s speech is about to accelerate the acceptance of digital trade documents into English law

If a new trade bill is passed during the current UK parliamentary term, digital paperwork could be legalised under English Law, which could be a landmark moment for the trade and export industry. On Tuesday, 10 May 2022, Prince Charles stood in for Queen Elizabeth to deliver the Queen's Speech to Parliament... Read more: https://www.tradefinanceglobal.com/posts/podcast-s1-e86-why-queens-speech-is-about-accelerate-acceptance-digital-trade-documents-into-english-law/...

May 18, 202222 minEp. 86

Contour on fighting the trade finance gap with digital assets

Trade digitalisation has come a long way in the past half-decade, but there is still much more to do. TFG’s Deepesh Patel sat down with Contour’s CEO Carl Wegner and Chief Product Officer Joshua Kroeker to discuss trade assets, trade receivables, and the distribution of trade finance. Read more: https://www.tradefinanceglobal.com/posts/podcast-s1-e85-contour-on-fighting-the-trade-finance-gap-with-digital-assets/

May 16, 202221 minEp. 85

URDTT 1.0 - David Meynell discusses the new rules for digital trade transactions

Digital is all the rage right now in the trade space. Emerging technologies from AI to IoT to blockchain are promising to revolutionise global trade. The hype is real. However, there are a few blips on the radar: in a lot of jurisdictions, digital instruments are still not legally able to replace their paper predecessors. This creates a lot of hesitancy among firms that are considering implementing digital processes. Find out more here: https://www.tradefinanceglobal.com/posts/podcast-s1-e84urdt...

Apr 21, 202217 minEp. 84

Taking on Europe’s credit risk insurance rules with ITFA’s Silja Calac, Jean-Maurice Elkouby

Credit risk insurance is a vital instrument for bank risk and capital management, and for facilitating lending to the real economy. Typically, banks only use the strongest insurers with sound capital bases and risk management practices for credit risk insurance, but even so, some market participants argue that current regulations are overly restrictive. One of those is Silja Calac, board member at the International Trade and Forfaiting Association (ITFA) and head of the ITFA Insurance Committee....

Apr 06, 202220 minEp. 83

Veridapt - How a revolution in stockpile and supply chain monitoring can transform trade finance

In all the crises of the last two years - the pandemic, lockdowns, inflation, and now the Russia-Ukraine conflict - few industries have seen as much volatility as the commodities industry. Disruptions in both supply and demand have been more or less constant, making it extremely difficult for producers and traders to plan ahead in terms of volume, pricing, and liquidity. As a leading provider of stockpile and supply chain monitoring technology, Veridapt is among the companies best placed to help...

Mar 29, 202227 minEp. 82

Islamic finance guru Daud Vicary on fintech, sustainability, and other engines of growth

Daud Vicary has spent over 47 years in the finance and consulting industries, with significant experience in Asia, Europe, and the Middle East. Though formally retired since 2017, he holds many current positions, including his flagship role as an independent director at Finalytix, an analytics provider to ultra-high net worth individuals (HNWIs), family offices, and independent financial advisors (IFAs). He is also a managing director at DVA Consulting, an Islamic finance consultancy, and he is ...

Mar 23, 202218 minEp. 81

‘Open by default’ - Finastra’s Iain MacLennan on partnerships, digitalisation, and helping SMEs triumph in uncertain times

The last two years have been a difficult time for SMEs, who have had to grapple with the challenges of supply chain disruptions, a global credit crunch, and inflation during the COVID-19 pandemic. But despite the uncertainty and volatility of the last two years, SMEs’ working capital practices have evolved significantly, and perhaps irreversibly. Though the global trade finance gap has continued to make new highs, hitting $1.7 trillion in 2020, both SMEs and the banks that serve them are now foc...

Mar 14, 202220 minEp. 80

Bent but not broken? TDM’s John Miller on global trade resilience as we say goodbye to COVID-19, and hello to war in Ukraine

The last two years have been like no other for the global economy. With a forced global shutdown followed by unprecedented fiscal stimulus, it's no surprise that volatility has been the name of the game since the outbreak of COVID-19. But just as we say goodbye to one crisis, another has reared its head in the form of Russian aggression in Ukraine. Last year, we were on a royal road to recovery, with global trade hitting a record high of $28.5 trillion for the year, according to UNCTAD. But will...

Mar 07, 202213 minEp. 79

Ships, sanctions, and suspicious vessels: How AIS and other trickery is confounding compliance

For financial institutions, the decision to investigate a client for potential sanctions violations has always been more of an art than a science. And this is even more true when that decision is based on shipping activity. Since the year 2000, the US Treasury Office of Foreign Assets Control (OFAC) and the UK Office of Financial Sanctions Implementation (OFSI) have issued a range of new guidance for banks and insurance companies regarding maritime sanctions. Due diligence recommendations have c...

Feb 28, 202225 minEp. 78

EBRD’s Rudolf Putz on delivering trade finance to emerging markets during COVID-19, and looking to a greener future

With global trade already back at pre-pandemic levels, it is tempting to say that the global economy has recovered from the COVID-19 pandemic, and that the worst of its upheavals are now behind us. However, there are also signs that the rebound from the low baseline of the pandemic is losing momentum, as major economies battle the shared headwinds of persistently high inflation, supply chain disruption, labour shortages, and new COVID-19 restrictions. To ponder what effect these dynamics have ha...

Dec 15, 202111 minEp. 77