B2B card payments are failing to gain significant traction, mostly because suppliers are typically charged for taking a card payment and face overhead costs for hosting...

The Loan Market Association (LMA) has released the results of its survey on the opportunities and challenges facing increasingly active developing market jurisdictions....

Japan's Mizuho Financial Group has picked US tech provider Cognizant to develop a distributed ledger solution to make trade finance more efficient. Cognizant will use...

Allied Irish Banks (AIB) has been fined more than €2.3 million by Ireland's central bank for failing to comply to anti-money laundering and terrorist financing...

Citibank has launched a cross-border payment solution in India for corporates that eliminates the need for multiple, underlying physical documents for trade payments....

Law firm White & Case has hired structured finance lawyer Chris McGarry as a new partner in London. He joins from Ropes & Gray, where he was a partner.

CDC Group, the UK's development finance institution, alongside Aga Khan Fund for Economic Development, and Industrial Promotion Services, have launched a new platform...

The Ghana Cocoa Board (Cocobod) needs about $400 million in bridge financing to cover the rest of the cocoa season after a $1.8 billion loan ran out early. Much of the...

More than one-third of offshore renminbi (RMB) FX transactions are done with the UK, according to SWIFT's latest RMB tracker. The RMB ranks fifth as a world FX...

The race to close the first international syndicated structured loan into Chinese downstream oil and gas ended last year when Shandong Qingyuan debuted with a prepayment...

Zanjan Petrochemical Industries Company and Hampa Energy Engineering and Design Company (HEDCO) are planning to raise financing amounting to $479 million. It will be used...

The Foreign Investment Review Board given the Cheung Kong Infrastructure-led consortium clearance to proceed with the proposed A$7.5 billion acquisition of the energy...

Trade protectionism in advanced economies may actually benefit South Asia's exports, according to a new World Bank report. The region could gain if selective barriers...

Energy consultancy Finergreen has advised the French solar developer on the financing of 20MW of new projects and refinancing of 17MW of existing projects....

Scottish businesses have at least £31.5 billion tied up in working capital, raising the risk of them being left holding too much stock if economic conditions...

The International Monetary Fund (IMF) has warned that the withdrawal of correspondent banking relationships (CBRs) could undermine the long-term growth and financial...

The Canadian unit of the US pipeline company has filed a preliminary prospectus for an initial public offering to raise money for the C$7.4 billion Trans Mountain...

Interbank messaging network Swift has picked Hyperledger technology for a blockchan proof-of-concept, with a number of banks participating. If the test is successful, it...

The Chinese multinational oil fields service provider has been awarded the 15-year BOT concession to construct a pipeline between Takoradi and Accra...

BBVA subsidiary BBVA Bancomer has acquired Mexico-based payments start-up Openpay, which offers a platform for electronic and physical payments for businesses via its...