Author: Malik Dahmoune

In November, SWIFT will release a new set of trade finance messages to facilitate paperless processing of international guarantees. The challenges for corporates lie in communicating with all their counterparties in a common language, increasing efficiency and, ultimately, having a consolidated view of their liabilities. In this interview, Malik Dahmoune, director of Finelia Trade Finance…
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Words of an expert and designer of trade digitalisation solutions for both banks and companies. Trade Finance has long been insensitive to technological progress, remaining instead – both due to tradition and necessity – locked into manual, complex and resource-consuming practices. In the 2000s, banks, who were keen to reduce their operational costs, invested in…
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According to Emmanuel Léchère, Market Intelligence Manager at Redbridge, fees for notifications and the use/removal of documents and amendments, which are often proportional to the amount of a documentary credit, are as unjustified in an export contract as are account activity fees on commercial debit flows (CMC). Trade finance tools, which are designed to regulate…
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The automation of documentary credit processing is now possible for both exporters and importers. The result is improved visibility and cost control for this means of payment which, for over a century, has contributed to the development of international trade within a secure framework. International trade has continued to develop since the end of World…
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Trade finance, traditionally a banking activity renowned for its widespread use of “paper”, is now undergoing a transformation. The digitalisation of documents, the creation of the Bank Payment Obligation (BPO), the emergence of FinTechs are propelling these banking activities into the future by giving them a technological flavour. But new players are emerging: is this…
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