I guess someone must have told American Banker, and many other publications you put blockchain in the title and people will at least open the […]
China Causing Banks Trade Finance Shops Nightmares
As commodity prices increase in volatility, banks are getting much more involved in technical cases where buyers in China using Letters of Credit use the […]
Can SWIFTS BPO be the Catalyst for Pre Shipment finance?
There has been a big effort on the part of a number of vendors to find ways to bring trade in the digital era. One […]
Can Swift’s BPO be an alternative to the Two-Party Factoring Model?
When companies trade cross border on open terms, it presents risks and usually extended terms, especially in emerging markets. In fact, the U.S. has become […]
Pre Shipment or Purchase Order Finance– can anyone Deliver the Goods? – Part II
We know purchase order financing is a tough nut to crack. There are two vendors out there that offer or are attempting to offer solutions, […]
Pre Shipment or Purchase Order Finance– can anyone Deliver the Goods? – Part I
The talk about supply chain finance and in particular new ways of financing commercial transactions, be they international or domestic, has mostly just been that, […]
How to get the Bank Payment Obligation out of the Mud
The Bank Payment Obligation (BPO) has been propped up as an alternative settlement instrument for cross border trade. What SWIFT did through the ICC is […]
SWIFT’s Bank Payment Obligation continues to struggle
Andre Casterman, Global Head Corporate and Supply Chain Markets for SWIFT, was kind enough to share some transaction volumes with me regarding SWIFT’s Bank Payment […]
Will SWIFT’s Bank Payment Obligation ever become a real option for corporates?
As bankers know, the initiative to bring trade transactions from a document based environment to a data environment has run into severe challenges in the […]
SWIFTs Marathon to make the Bank Payment Obligation a success
For the last several years, SWIFT has been working with the International Chamber of Commerce (ICC) on a product to enable banks to handle some […]
The slow extinction of paper based tools for trade finance
There’s been a lot of talk about the documents to support global trade and the underlying finance driven by these documents. Letters of credit are […]