#TTPulse: EBRD partners with The National Bank to boost green finance and trade in the Palestinian economy

🔸The European Bank for Reconstruction and Development (EBRD) has provided a US$7 million financing package to The National Bank (TNB), consisting of a US$5 million loan under the Green Economy Financing Facility (GEFF) and a US$2 million trade finance limit.

🔸The GEFF portion, funded by the European Union, will support private sub-borrowers, including micro, small, and medium-sized enterprises, as well as residential customers in the West Bank, for investments in renewable energy, water, and energy efficiency projects, and circular economy initiatives.

🔸The financing includes EU-funded technical assistance to support the implementation of the green program as well as investment grants for sub-borrowers of up to 25% of project investment costs, enhancing the accessibility and appeal of sustainable investments.

#greenfinance #sustainablebanking #tradefinance #ebrd #palestinianeconomy #renewableenergy

#TTPulse: EU and Indonesia complete long-running Comprehensive Economic Partnership Agreement talks

🔸The European Union and Indonesia have concluded talks on their Comprehensive Economic Partnership Agreement (CEPA) after nearly a decade of negotiations, as part of the EU's plan to find new markets and diversify its supply chains.

🔸EU Trade chief Maroš Šefčovič will visit Indonesia on September 23 to make the official announcement, with both sides planning to release a joint statement confirming the talks are "substantially completed."

🔸The agreement will cut tariffs on 80% of Indonesian exports to the EU within the first two years of implementation. It will be a significant boost for trade between the regions. However, before taking effect, the agreement needs approval from a majority of EU member states, the European Parliament, and Indonesia's legislature.

#tradeagreement #cepa #eutrade #indonesia #supplychains #globaltrade #economicpartnership

#TTPulse: Colombia Customs Authority approves IQAX Electronic Bill of Lading for import

🔸The Colombian Customs Authority has officially recognised IQAX electronic Bill of Lading (eBL) for import shipments entering Colombia, with IQAX eBLs issued by COSCO SHIPPING now verifiable through the Doc Viewer App provided by Global Shipping Business Network (GSBN).

🔸This digital advancement replaces the traditional process where paper Bills of Lading had to be physically passed between various parties, including shippers, freight forwarders, banks, and customs officials, simplifying the verification workflow.

🔸Customs officials can now scan a QR code to quickly verify the authenticity of the eBL against trusted data stored on Global Shipping Business Network (GSBN)'s blockchain-based system, making the process simple, secure, and efficient while reducing manual checks and lowering the risk of fraud.

#digitaltrade #supplychain #customsclearance #blockchain #paperlesstrade #iqax #ebl #colombia

#TTPulse: 14 Nations launch Future of Investment and Trade Partnership to support open markets

🔸Brunei, Chile, Costa Rica, Iceland, Liechtenstein, Morocco, New Zealand, Norway, Panama, Rwanda, Singapore, Switzerland, the United Arab Emirates, and Uruguay have established the Future of Investment and Trade (FIT) Partnership through a virtual Ministerial Meeting on 16th September 2025. The World Trade Organization (WTO) Director-General, Dr. Ngozi Okonjo-Iweala, also attended the launch.

🔸The initiative comes as the rules-based trading system faces growing pressure that risks fragmenting markets and slowing global growth. The partnership is designed to support open trade policies, especially for small, medium, and trade-dependent countries.

#tradepolicy #globaltrade #economiccooperation #FITPartnership #internationaltrade #investmentsupport

The WTO Agreement on Fisheries Subsidies officially entered into force on 15th September, establishing the first multilateral trade agreement focused on environmental sustainability.

 
#TTPulse: Trade Technologies, Inc. unveils global SBLC & Guarantee Management solutions

🔸Trade Technologies has launched comprehensive solutions for managing Standby Letters of Credit (SBLCs) and Corporate and Bank Guarantees globally, extending services previously available only to European clients for the past two years.

🔸The new offerings provide corporations with dual implementation options, which include fully managed Tech-Enabled Trade Services for complete portfolio management or the TradeSharp SaaS Platform for organisations preferring in-house control, addressing the growing corporate challenge of effectively managing expanding guarantee portfolios.

🔸This strategic expansion responds to the substantial five-year growth trend in SBLC and Guarantee utilisation across corporate risk management landscapes, where many organisations currently operate without centralised systems or specialised expertise to effectively track their rights and obligations.

#tradefinance #riskmanagement #SBLC #corporateguarantees #fintechsolutions

 
#TTPulse: Surecomp partners with Finverity on integrated trade and SCF

🔸Surecomp, a trade finance software provider, has announced a strategic partnership with Finverity, a supply chain finance technology provider, to give banks and non-bank financial institutions end-to-end trade and supply chain finance capabilities.

🔸Through integration with FinverityOS, institutions using Surecomp platforms like Rivo can manage payables finance, receivables discounting, and distributor finance programmes alongside their documentary trade business.

🔸The partnership aims to capitalise on growing demand for diversified trade and supply chain finance solutions, enabling banks to support corporates with real-time liquidity across global supply chains.

#tradefinance #supplychainfinance #Surecomp #Finverity

The Wolfsberg Group, a global association of twelve banks committed to combating financial crime by developing frameworks and practical financial industry standards for financial institutions, released comprehensive guidance on the Provision of Banking Services to Fiat-backed Stablecoin Issuers on 8 September.

Seven leading financial services associations (UK Finance, the Bank Policy Institute, the Swiss Finance Council, the Loan Market Association, the Association of Foreign Banks, BAFT, and the Japanese Bankers Association) have issued a joint position paper urging EU Member States to ensure consistency when implementing Article 21c of the Capital Requirements Directive VI (CRD VI).

#TTPulse: Pegasystems launches AI-driven payment exceptions and investigations solution 🔸Pegasystems, a technology company, has launched Pega Smart Investigate Agentic Automation, a new payment exceptions and investigations solution that uses agentic AI. The tool aims to help banks accelerate case resolution and meet rising compliance and volume pressures in global payments.

🔸The solution offers native support for Swift ISO 20022 standards and integrates generative AI agents to analyse messages, process email requests, and orchestrate workflows across multiple systems. It also supports interoperability with third-party agents under emerging MCP and ACA standards.

#payments #bankingtechnology #fintech #AI #Sibos2025

#TTPulse: CARDO AI Technology drives Multitude Bank's digital transformation in asset finance

🔸Cardo AI, a leading technology platform for asset-based finance and private credit, has announced a strategic partnership with Multitude Bank p.l.c., a subsidiary of the listed Multitude AG, to automate and streamline the bank's asset-based lending operations.

🔸The collaboration will leverage Cardo AI's comprehensive platform to enhance efficiency and transparency in funding for small and medium-sized enterprises (SMEs), addressing critical working capital constraints that have historically limited growth potential.

🔸The Cardo AI platform will consolidate Multitude Bank's asset-based lending operations by integrating loan, collateral, and counterparty data into a unified system, providing real-time visibility into portfolio performance and covenant compliance.

#AI #digitalbanking #assetbasedlending #SMEfunding #fintech #bankingtechnology

#TTPulse: Embat and MacroFin partner to revolutionise treasury management for NetSuite users 🔸Embat, the leading European financial management and treasury platform, has established a strategic partnership with MacroFin, part of Cooper Parry Digital and a five-time NetSuite Alliance Partner of the Year (2021-2025), to transform treasury operations for NetSuite clients.

🔸The partnership addresses growing challenges faced by scaling companies in sectors such as SaaS, e-commerce, retail, and hospitality, where traditional tools like Microsoft Excel struggle to handle multi-currency operations, multiple legal entities, high transaction volumes, and increased regulatory demands.

#treasurymanagement #financialtechnology #netsuitepartner #aiinfinance #cfotools #embat #macrofin

Exclusive TTP x Sullivan roundtable on scaling trade finance as an institutional asset class. Chatham House, senior leaders, investor insights.

At the International Trade and Forfaiting Association (ITFA) 51st Annual Conference in Singapore, Trade Treasury Payments (TTP) spoke with Sean Edwards, Chairman of ITFA, to reflect on the association’s priorities and the themes shaping trade finance today.

At the launch of the World Trade Report 2025 in Geneva, Trade Treasury Payments (TTP) spoke with Emmanuelle Ganne, Chief of Digital Trade and Frontier Technologies at the World Trade Organization (WTO).

Ahead of a flurry of trade events taking place in Singapore (including ADB, GTR, BAFT, and ITFA events), Trade Treasury Payments (TTP) hosted a fireside chat with Alexander Malaket, President of OPUS Advisory Services International and founding partner of PRISM Global Partners, and Craig Weeks, Senior Vice President for Trade at BAFT. The conversation focused on the issues rising in importance for the industry, and those that have slipped somewhat from the spotlight.

TTP’s Trade Editor Carter Hoffman sat down with Carlos Kuriyama, Director of the Policy Support Unit at the Asia-Pacific Economic Cooperation (APEC) Secretariat in Singapore, to discuss how APEC is shaping the future of cross-border trade. From streamlining trade through digitalisation to strengthening supply chain resilience and fostering inclusive growth, Kuriyama offers insight into APEC’s evolving priorities.

At the International Trade and Forfaiting Association’s (ITFA) Annual Conference in Singapore, Trade Treasury Payments (TTP) spoke with Dr. Rebecca Harding, author of The World at Economic War and Editorial Board Member at TTP, about her work on social return on investment (SROI) and the shifts in global trade.