The Law Commission for England and Wales recently published “Digital assets and ETDs in private international law: which court, which law? Call for evidence” ("Call for Evidence"). At the same time, ...

One of Britain’s largest banks, Lloyd, is working with multiple technology companies to eliminate physical paperwork from its processes in favor of blockchain systems and artificial intelligence ...

The Law Commission, a U.K. body which makes suggestions for legislative reform, has published a call for evidence on the operation of English private international law (conflicts of law rules) in ...

The U.K.’s Electronic Trade Documents Act of 2023 came into effect on Sep. 20–and it will send shock waves through the international trade system. At first glance, the bill looks perfunctory: It makes ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Traditional trade processes often involve multiple parties, high ...

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 ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that its ICE CargoDocs Local Law ...

Global trade has evolved in every imaginable way except the one that matters most. Goods travel across continents in days, communication happens in seconds, yet the financing behind those transactions ...

Christoph Wagner is the CEO of Scanbot SDK, a software development company specializing in data capture software for mobile and web apps. Paper is the lifeblood of international trade. Every day, ...

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 ...

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 ...

Trade finance’s financing gap and paper-based inefficiencies create blockchain’s largest opportunity. Tokenized receivables can unlock global liquidity for SMEs. In just over a decade, blockchain ...