CashNews.co In Britain, fear of a dystopian surveillance state has resulted in resistance towards identity cards. Legal entity identifiers (LEIs) harbour similar paranoia. But LEIs could make British trade finance more accessible, secure, accurate, and transparent. The issue of personal identity (ID) cards in the UK has been contentious for many years. Their purpose was […]
CashNews.co Estimated reading time: 0 minutes Yesterday marked the last day of the Sibos 2024 Conference, SWIFTâs annual event on all things banking. As expected, new technology dominated discussion. But broader environmental, social, and governance (ESG) compliance in the industry was also in sharp focus. The sometimes-termed âOlympics of bankingâ saw the biggest names in […]
CashNews.co Estimated reading time: 5 minutes Industry standards are allowing the transition to digital trade documents to become a reality. Digitisation is almost synonymous with efficiency. Structured data can be harnessed at an unprecedented scale thanks to the move to digital. The traditional, paper-heavy processes that once dominated the trade finance industry are now being […]