The world’s largest economies could increase the flow of international trade by as much as nine trillion US dollars (£6.6 trillion) by 2026 if they shift to using digital trade documents, a report ...

The passing of the Electronic Trade Documents Act 2023 (the “Act”) often touted as “game-changing” and “revolutionary” is the UK’s alternative to adopting the UNCITRAL Model Law on Electronic ...

The government has introduced the Electronic Trade Documents Bill in Parliament, aiming to reduce the amount of paper trade documents that are printed daily. Previously, all trade documents had to be ...

While global trade costs have dropped over the past 200 years, the paper-based trade documents still required in many developing nations contribute to trade delays and high costs, particularly in ...

Negotiable Instruments have played an enduring and pivotal role in the financial landscape. Operating on the principle of irrevocable and unconditional promise to pay along with characteristics of ...

The Unified Payment Interface (UPI) which effects money transfers across Banks in India and developed by the NPCI has been duopoly of two FinTech- Google Pay & PhonePe. Ironically NPCI was set up by ...

U.S. Bank has completed its first fully digital trade finance transaction as financial institutions move away from paper-based processes for international trade. Processing Content The national bank ...

Electronic billing gains a foothold. Economic headwinds and geopolitical tension resulted in a drop in trade flows last year, marking a reversal from the post-pandemic growth observed in 2021 and 2022 ...