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The Fintech Issue explores how financial technology continues to shape the world of trade finance, following a year of upheaval.

Trade finance and working capital marketplace LiquidX has named Dominic Capolongo as its chief revenue officer. He joins from PrimeRevenue, where he served as executive vice-president and global head of funding. Previously, he held leadership positions at financial services companies including RBC Capital Markets, Jefferies and Credit Suisse. Capolongo replaces Alice Hackett, who leaves the ...

Financial technology solutions provider MonetaGo has appointed Ian Milne to the newly created role of head of sales for the Asia Pacific region. Starting with immediate effect, Milne is tasked with driving the adoption of the company’s Secure Financing platform among trade financiers across the region. He will continue to be based in Singapore and ...

Trade between Israel and the United Arab Emirates (UAE) topped US$1.1bn during the first full year that the countries have enjoyed diplomatic relations, according to Israeli statistics, but its trade with Bahrain and Morocco remains modest. Israel imported US$771.5mn-worth of goods from the UAE in 2021, a massive jump from the US$114.9mn recorded in 2020, ...

Covid-19 containment measures in Shanghai are causing increasing disruption to supply chains, with shipping and logistics firms warning of diverted cargoes, container congestion and blank sailings.  China’s largest city has experienced by far its largest outbreak of confirmed cases since the start of the pandemic, prompting strict virus containment measures from authorities. A total lockdown ...

Toronto-based tech firm Surecomp is seeking to tackle attempts at double financing through the launch of an invoice comparison tool, which it hopes will broaden access to finance by minimising banks’ risk of exposure to fraud.  Surecomp announced this week that the solution has been introduced to more than 25 international banks since the first ...

Paperless trade solutions provider essDocs has been acquired by Intercontinental Exchange (ICE), an owner and operator of financial and commodity marketplaces and exchanges. The financial terms of the transaction were not disclosed. GTR understands that essDocs will continue as a standalone brand within ICE, with co-CEOs Alexander Goulandris and Marina Comninos remaining in their current ...