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Share Tweet Share Share Email Trade finance marketplaces are playing an increasingly critical role in facilitating seamless transactions between buyers and sellers. These digital platforms leverage technology to bridge the gap between parties, enabling efficient, transparent, and secure trading experiences. As businesses navigate the complexities of international trade, trade finance marketplaces have emerged as indispensable tools for driving growth and fostering collaboration. What Are Trade Finance Marketplaces? Trade finance marketplaces are digital platforms that bring together buyers, sellers, and financial institutions to streamline the processes involved in international trade. These platforms offer services such as invoice financing, supply chain financing, and working capital solutions, ensuring that businesses have access to the financial support they need to complete transactions efficiently. By digitizing traditional trade finance processes, these marketplaces eliminate paperwork, reduce processing times, and enhance transparency. The Importance of Trade Finance in Global Trade Trade finance is the backbone of global commerce, providing the financial instruments and solutions necessary for cross-border transactions. It helps mitigate risks, ensures timely payments, and provides liquidity to businesses. However, traditional trade finance systems are often cumbersome, slow, and expensive, creating barriers for small and medium-sized enterprises (SMEs) looking to expand internationally. This is where trade finance marketplaces come in. By leveraging cutting-edge technology, these platforms democratize access to trade finance, making it easier for SMEs to compete on a global scale. They simplify the process of securing financing, ensuring that businesses can focus on growth rather than administrative hurdles. Key Features of Trade Finance Marketplaces Automation and Efficiency Automation is at the core of trade finance marketplaces. By using advanced algorithms and artificial intelligence (AI), these platforms automate processes such as credit assessment, document verification, and transaction tracking. This reduces human error and accelerates transaction completion. Transparency Transparency is a crucial feature of trade finance marketplaces. By providing real-time updates and clear visibility into transaction statuses, these platforms build trust among buyers, sellers, and financial institutions. This transparency is particularly valuable in international trade, where communication barriers and time zone differences can complicate processes. Risk Mitigation Risk is an inherent part of international trade, but trade finance marketplaces help mitigate it. They offer tools such as credit insurance, payment guarantees, and fraud detection systems to ensure that transactions are secure and parties are protected. Accessibility One of the most significant advantages of trade finance marketplaces is their accessibility. Unlike traditional trade finance systems, which often cater to large corporations, these platforms are designed to accommodate businesses of all sizes. SMEs, in particular, benefit from easy access to financing solutions tailored to their needs. How Trade Finance Marketplaces Work Trade finance marketplaces operate as intermediaries, connecting buyers, sellers, and financial institutions. Here’s a step-by-step overview of how these platforms function: Registration and Onboarding Businesses and financial institutions register on the platform and undergo a thorough onboarding process. This includes verifying identities, evaluating creditworthiness, and understanding trade requirements. Posting Trade Requirements Buyers and sellers post their trade requirements, such as the need for invoice financing or supply chain financing. Financial institutions review these requests and propose tailored solutions. Matching and Negotiation The platform matches buyers and sellers with suitable financial institutions. Parties negotiate terms and finalize agreements, often using digital contracts to streamline the process. Transaction Execution Once agreements are in place, the platform facilitates the execution of transactions. This includes processing payments, verifying documents, and ensuring compliance with trade regulations. Post-Transaction Services Many trade finance marketplaces offer post-transaction services, such as performance analytics and dispute resolution, to enhance user experiences and ensure long-term satisfaction. Benefits of Trade Finance Marketplaces Trade finance marketplaces offer numerous advantages, making them an essential tool for businesses engaged in international trade. Some of the key benefits include: Cost Savings By digitizing processes and eliminating intermediaries, trade finance marketplaces significantly reduce costs associated with traditional trade finance. This is particularly beneficial for SMEs operating on tight budgets. Faster Transactions Traditional trade finance processes can take weeks or even months to complete. Trade finance marketplaces leverage technology to expedite these processes, enabling faster access to funds and quicker transaction completion. Global Reach These platforms connect businesses with a global network of buyers, sellers, and financial institutions. This expanded reach opens up new markets and opportunities for growth. Enhanced Security Trade finance marketplaces use advanced security measures, such as blockchain technology and AI-driven fraud detection, to protect transactions and data. This ensures a secure trading environment for all parties involved. Scalability As businesses grow, their trade finance needs evolve. Trade finance marketplaces offer scalable solutions that can adapt to changing requirements, ensuring continuous support for business expansion. Challenges Facing Trade Finance Marketplaces While trade finance marketplaces offer significant advantages, they also face challenges that must be addressed to maximize their potential: Regulatory Compliance Navigating the complex landscape of international trade regulations can be challenging. Trade finance marketplaces must ensure compliance with various legal and regulatory frameworks to operate effectively. Adoption and Awareness Despite their benefits, many businesses remain unaware of trade finance marketplaces or are hesitant to adopt them due to unfamiliarity with digital solutions. Education and awareness campaigns are essential to drive adoption. Data Security Concerns With the increasing reliance on digital platforms, data security is a top concern. Trade finance marketplaces must invest in robust cybersecurity measures to protect sensitive information. Integration with Legacy Systems Many businesses still rely on traditional systems and processes. Integrating these with modern trade finance marketplaces can be challenging, requiring significant investment in technology and training. The Future of Trade Finance Marketplaces Trade finance marketplaces are poised for significant growth. Emerging technologies such as blockchain, AI, and the Internet of Things (IoT) will further enhance the capabilities of these platforms, enabling even greater efficiency, transparency, and security. Blockchain, for example, has the potential to revolutionize trade finance by providing a decentralized, tamper-proof ledger for recording transactions. This technology can eliminate fraud, reduce processing times, and ensure compliance with trade regulations. Similarly, AI can be used to analyze large volumes of data, predict market trends, and make informed decisions, while IoT devices can provide real-time tracking of goods and shipments. In addition to technological advancements, trade finance marketplaces will benefit from increased collaboration among stakeholders. Governments, financial institutions, and technology providers must work together to create a supportive ecosystem that fosters innovation and growth. Conclusion Trade finance marketplaces are transforming the way businesses engage in international trade. By connecting buyers, sellers, and financial institutions, these platforms simplify complex processes, reduce costs, and enable businesses of all sizes to thrive in the global marketplace. While challenges remain, the continued development of technology and collaboration among stakeholders will ensure that trade finance marketplaces remain at the forefront of global commerce, driving efficiency, transparency, and growth for years to come. Related Items: Artificial intelligence , marketplace , trade finance Share Tweet Share Share Email Recommended for you Data & Analytics in FinTech: Unlocking the Power of Financial Information From Silicon Valley to War Zones: How Feras Mousilli Advocates for Startups and Tech Giants Globally Real Estate Tokenization: Unlocking Liquidity in Property Markets CommentsRupee weakens slightly, tracking Asian peers; forward premiums tick upcasino777 slot

The South Florida Sun Sentinel's Chris Perkins and David Furones make their predictions on player or team props they believe will occur for the Miami Dolphins-New England Patriots Week 12 matchup at Hard Rock Stadium.



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( MENAFN - ABN Newswire) The Prospectors & Developers Association of Canada (PDAC) is pleased to announce that registration for the PDAC 2025 Convention, taking place March 2-5, 2025, at the Metro Toronto convention Centre, is now open. The 93rd annual PDAC Convention will feature cutting-edge programming and a worldclass trade show with over 1,100 exhibitors. Building on the success of PDAC 2024, which attracted nearly 27,000 attendees from 138 countries, this year's convention offers unmatched opportunities for collaboration, learning, and innovation in the sector. "With more than 600,000 square feet of exhibits, groundbreaking programming, and exceptional networking opportunities, PDAC 2025 will bring together the world's most influential industry leaders," said Raymond Goldie, PDAC President. "This year's convention emphasizes advancements in mineral exploration and mining technology, sustainability, and shaping the future of mining by strengthening partnerships with students and Indigenous communities." Highlights of PDAC 2025 Engaging exhibits: Discover over 1,100 exhibitors at the Trade Show and Investors Exchange, showcasing the leading companies, technologies, and investment opportunities in the industry. Thought-provoking programming: Engage in technical sessions, short courses and keynotes covering topics such as commodities, geoscience, capital markets, and advancements in exploration and mining. Fostering Indigenous collaboration: The critical role of Indigenous partnerships is showcased through programs focused on land stewardship, economic empowerment, and meaningful engagement with key stakeholders. Inspiring students and early-career professionals: Expand your horizons and connect with industry leaders through educational opportunities, networking events, and mentorship programs designed to support the next generation of industry professionals. Unmatched networking events: Celebrate excellence at the Awards Gala & Nite Cap - the Convention's signature event honouring the 2025 PDAC Award recipients. Enjoy a variety of social events throughout the week, including daily happy hours, coffee connections and the Canada Night Finale. Register now Be part of the PDAC 2025: World's Premier Mineral Exploration & Mining Convention in Toronto. Register and plan your experience today at The Prospectors & Developers Association of Canada (PDAC) is the leading voice of the mineral exploration and development community, an industry that employs more than 664,000 individuals, and contributed $132 billion to Canada's GDP in 2021. Currently representing over 7,800 members around the world, PDAC's work centers on supporting a competitive, responsible, and sustainable mineral sector. PDAC 2025, our 93rd annual convention, will take place in person in Toronto, Canada from March 2-5. Please visit pdac for more information. MENAFN08122024000111011020ID1108969504 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Is Tesla a Millionaire Maker?Heavy travel day starts with brief grounding of all American Airlines flights

Veterinary Medicine Market Insights and Growth Drivers Shaping the in 2024 To 2031 |Georgetown and Illinois aren't rivals and don't play in the same conference, but Hoyas men's basketball head coach Ed Cooley still had some choice words for the Fighting Illini on Saturday. "I've also seen a growth in Jayden," Cooley told reporters when discussing guard Jayden Epps, who started his collegiate career at Illinois in 2022-23 before transferring to Georgetown. "I talked to him yesterday in practice, I talked to him today before the game. His development defensive, I mean, it's almost like he's a new player. It's something I saw in him his freshman year when he played for that other bulls--t school." Illinois head coach Brad Underwood wasn't exactly interested in engaging in a back-and-forth. "That's not even worth wasting my time on," he told reporters. "I don't know what he was referencing that about. I know Jayden (Epps) had a productive freshman year here. But I'm not getting into all that. I'll let our fans and everybody else have some fun with that, which I'm sure they probably are." This article will be updated soon to provide more information and analysis. For more from Bleacher Report on this topic and from around the sports world, check out our B/R app , homepage and social feeds—including Twitter , Instagram , Facebook and TikTok .

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Taytay, Rizal Vice Mayor Sophia "Pia" Cabral wanted to become a doctor, but God has other plans for her — and that's to serve other people through public service. She now feels that her calling and the desire to help people have converged. Cabral, in an interview on DAILY TRIBUNE's digital show Straight Talk over the weekend, said that she never thought about ending up in public service despite being the chairperson of the Sangguniang Kabataan at 15 and a councilor at 18. "I started in 2010 as SK (Sangguniang Kabataan) chairman in our barangay," the 29-year-old vice mayor recalled. "My priority or goal is to become a doctor, not to go into politics full-time," she added. Cabral took examinations from several universities for pre-med courses but her parents convinced her to enter the University of the Philippines (UP) after passing the College Admission Test but for a different course. "My parents urged me to try UP since I am an SK chairman which made me eligible to become a scholar in a public or state university," Cabral said. "The family subjected it to a vote and UP was the pick of the majority but I was then intent on pursuing a medical degree, so I cried. What will I do at UP studying another course?" she added. Cabral said she took up an associate degree program at the University of the Philippines Open University and later she took up public administration. "I prayed that if public service is my destiny and I would not be a doctor, I would still be able to help people with their health needs through endorsement, which I am now providing through medical assistance programs of the Department of Social Welfare and Development or the Department of Health," she said. Passion, fulfillment "So, there is a sense of fulfillment. So, I'm very passionate about what I am doing now," the talented politician added. Cabral said she enjoys serving other people, particularly her fellow Taytayeños. She said that pandering to her sense of empathy gives her satisfaction as a Vice Mayor. "Sometimes there is a lot of stress in my work but the relief that comes after, seeing tears of joy from people who received assistance encourages me to go on," she said. Cabral said that sometimes she is mistaken for being snobbish because of her natural attribute of having a thick eyebrow. “Sometimes there are certain angles when people look at me and think that I’m actually glaring at them. Thus, I always look in the mirror to give my best impression to other people. There should always be a smile that other people can see,” Cabral mused. During her first term as municipal councilor, Cabral said that she amended the ordinances on scholarship. "We included financial assistance not only for bright students but also the needy. We wanted to help those who depend on the government for education. What happens when they fail to meet academic requirements, should they be forced to discontinue their education?" she asked. She said that the ordinance on free education now states that once students are accepted as scholars, the local government must support them until they graduate. She also shared that Taytay now has a sports complex built on 13 hectares lot that was once a dump site. "Before the end of my term as a councilor, it was very timely that I was able to talk to President Duterte and then I asked for government’s help for Taytay to have a sports facility within 13 hectares of a former dump site," she said. Sports complex on a dump site "I came up with a resolution to convert the vacant lot to a sports complex. And then I eventually told Senator Bong Go and I even went to Davao City to hand over the proposal. I told myself then that it was a long shot, and many had ridiculed the proposal of a sports complex inside a dump site. Many have said that it will not happen," she added. She said a lot of work then followed. It was a huge site development. "The place needed to be rebuilt and chemicals will have to be applied to remove the foul smell." She said the first phase of the sports was completed, with a track and field oval. "We are opening the Palarong Panlalawigan. Before, we have to go to the nearby Marikina Sports Complex for our activities," she said. The sports complex was funded by the national government during the Duterte administration, Cabral said. "It's a project from the national government that was directly allotted to Taytay. No funds were shelled out from the local government. So, it's a blessing po for us," she said. "Next project hopefully would be a coliseum so that indoor sports like basketball and volleyball can be held there," the vice mayor added. Cabral is proud to help Taytay maintain its distinction as the garment capital of the Philippines. Cabral said that many investors, including Chinese, have been putting up textile warehouses and factories in the town. "All textiles now come from Taytay. Before, it was in Manila where these are sourced. When businesses require ready-to-wear clothes (RTWs), textiles and garments, they all go to Taytay," she said. Cabral added that the town's tiangge business boomed before the pandemic and provided jobs for local residents. "Well, before the pandemic the garments industry was booming. But we have this challenge every Christmas season when illegal vendors and used clothing converge in Taytay. So, those are our competitions," she said. "It's not allowed, but it depends on the local chief executive on the implementation as those people are hard to control," the vice mayor added. Cabral said that the tiangge business in their town was so strong before the pandemic. "Before the pandemic, the tiangge was so strong. With this challenge every Christmas season, vendors compete with ukay-ukay hawkers who are the real rival of the local textile industry," she said. "It's not allowed, but it depends on the local chief executive regarding the implementation of the ban since at times, they can't control those people who suddenly appear," the vice mayor added. Cabral said that the municipal council has passed resolutions or ordinances to prevent this and to help the local textile industry. Cabral also shared that there were clamors for her to run for a higher position in the 2025 local and national elections, instead, she just focused on her job as a vice mayor. Cabral said that traffic and flooding are two big problems that badly affect the local economy but help is on the way as the youthful energy of the official is boundless.The FRAI said that there is a need for a specific solution, besides ONDC, to make local kirana stores discoverable and accessible to customers CAIT’s Praveen Khandelwal said that quick commerce platforms are undercutting kirana stores with their deep pockets, large warehouses, and a huge customer base Last month, CAIT accused quick commerce players of manipulating FDI rules, violating competition laws and promoting aggressive pricing The Federation of Retailer Association of India (FRAI) has urged the government to build an “enhanced technology platform” to help brick-and-mortar stores compete with the onslaught of quick commerce platforms. “Such support would enable the kirana stores to remain competitive amidst the increasing encroachment into their space by quick commerce companies like Swiggy Instamart, Blinkit or Zepto,” the retailers’ body said, as per news agency PTI. The FRAI lauded the Open Network for Digital Commerce (ONDC) but said that there is a need for a specific solution to make local kirana stores discoverable and accessible to customers. This, the body said, would help mom-and-pop stores compete on an equal footing with “10 minute” delivery platforms and create a level-playing field. “With new technologies brought in by the government, like ONDC, what is now required is a more focused approach in creating a specific solution for kirana stores that makes them as discoverable and accessible to customers, much like the way quick commerce companies are operating,” FRAI’s honorary spokesperson Abhay Raj Mishra was quoted as saying. Training guns at quick commerce players, MP and secretary general emeritus of Confederation of All India Traders (CAIT) Praveen Khandelwal reportedly said that kirana stores are “facing steep challenges” due to the growing tide of quick commerce players. Noting that it is crucial for the retailers to “stay updated and embrace all channels” to meet the evolving expectations of customers, Khandelwal said that quick commerce platforms are undercutting local stores with their deep pockets, large warehouses and a huge customer base. He also said that these online marketplaces have “unfair advantage” over kirana stores, adding that increased competition from quick commerce players has resulted in stagnant sales for retailers, especially during the high-demand festive season. The comments come at a time when the quick commerce players have rapidly expanded their presence and operations in the past one year on the back of growing demand. While Zepto raised over $1.3 Bn in 2024 this year, Zomato, which operates Blinkit, also raised nearly $1 Bn earlier via qualified institutional placement (QIP) this year to fuel quick commerce plans. Such has been the rush that Flipkart entered the “10 minute” delivery fray earlier this year with Minutes, while Amazon is lining up plans to debut its quick commerce platform early next year. That said, quick commerce platforms have been under the radar of retailer bodies for some time now. In September, the Department for Promotion of Industry and Internal Trade (DPIIT) referred a complaint filed by the All India Consumer Products Distributors Federation (AICPDF) against quick commerce players to the Competition Commission of India. Last month too, CAIT accused quick commerce players of manipulating FDI rules , violating competition laws, promoting aggressive pricing, and establishing near-monopolistic control over supply chains.

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Ravens coach John Harbaugh said Thursday that middle linebacker Roquan Smith, who is dealing with a hamstring injury he suffered Sunday in Pittsburgh, is “not ruled out by any stretch” for Monday night’s prime-time matchup against the Los Angeles Chargers. Smith hasn’t practiced this week and was absent again Thursday but is “working hard to get healthy,” Harbaugh said. The Ravens have an extra day of practice this week because they play on “Monday Night Football.” Whether Baltimore’s leading tackler returns Friday could be more telling about his status for Week 12. Should Smith miss Monday’s game, safety Kyle Hamilton would likely wear the green dot, which signifies who relays the defensive play calls, in his place. “I’ve had it in my helmet pretty much every day in practice for the past 12 weeks,” Hamilton said, insinuating he’d be comfortable with that role. “They never told me I had the mic in my helmet until Day 1 of practice and I was hearing [defensive coordinator Zach Orr] in my ear.” Defensive lineman Travis Jones (ankle) was another notable absence from the first full practice of the week. He was a limited participant last week, then appeared to shuffle in and out of Sunday’s game with a noticeable limp. His status for Monday has not yet been determined. Wide receiver Nelson Agholor didn’t practice because of illness. Running back Justice Hill, who was seen wearing a red noncontact jersey and Guardian cap during the open portion of practice, was limited as he works through concussion protocol. Neither cornerback Arthur Maulet (calf) nor safety Sanoussi Kane (ankle) practiced Thursday. Maulet, who did not play in Pittsburgh, was wearing a boot in the locker room. Kane, a rookie primarily playing on special teams, left Sunday’s game early and did not return. Hamilton and outside linebacker Odafe Oweh were listed with neck injuries but practiced fully. Related Articles The team on the other side of the “Harbowl” included a few notable names on their injury report, too. Chargers outside linebacker and four-time Pro Bowl selection Joey Bosa was limited with a hip injury, but he hasn’t missed a game. Outside linebacker Khalil Mack (groin) did not play Sunday night against the Bengals but was limited Thursday, which could signify he’s nearing a return. The Chargers’ report is an estimation because they did not practice. Both wide receiver Ladd McConkey (shoulder) and cornerback Cam Hart (concussion/ankle) missed practice, as did safety AJ Finley (ankle) and linebacker Denzel Perryman (groin). Outside linebacker Bud Dupree (foot), safety Derwin James Jr. (groin) and tackle Trey Pipkins III (ankle) were listed as limited participants on Los Angeles’ first injury report of the week.

Should You Buy Palantir Stock Before Dec. 13?Brian Newberry grew up just down the road from Norman, Okla., rooting for the Oklahoma Sooners. Now, Newberry will wrap up his second season as Navy's head coach when the Midshipmen take on the Sooners in the Armed Forces Bowl on Friday in Fort Worth, Texas. "It's going to be surreal seeing them across that sideline," Newberry said. "I'm excited about it. Can't wait for it." Navy (9-3) is looking for just the sixth 10-win season in program history. The Midshipmen are coming off a 31-13 win over rival Army in Landover, Md. The bowl is Navy's first against an SEC opponent since the 1955 Sugar Bowl when the Midshipmen beat Ole Miss 21-0. "When you come to Navy, you're not expecting that you're going to be playing Oklahoma," Midshipmen quarterback Blake Horvath said. "If you would have told me that when I committed here, I thought that would've been pretty cool." For Oklahoma, it's the program's first appearance in the Armed Forces Bowl and its first bowl game against a service academy opponent. The Sooners are in a bowl game for the 26th consecutive season, the second-longest active streak in the nation behind only Georgia (28). Oklahoma had to sweat this one out, needing an upset victory over then-No. 7 Alabama in its home finale to reach bowl eligibility. The Sooners (6-6) are looking to avoid a second losing season in the past three years after going from 1999-2021 without a sub-.500 campaign. The game will feature one of the top rushing offenses in the country against one of the top run-stopping teams in FBS. Navy was No. 7 nationally through the regular season with an average of 249.3 rushing yards per game. The Midshipmen's ground game is led by Horvath, who has rushed for 1,091 yards and 15 touchdowns. Horvath ran for 100 or more yards five times this season, including 204 yards and two touchdowns in the win over Army. The Sooners have allowed just 154.9 yards per game on the ground, 12th in FBS through the regular season. Oklahoma will be without several key pieces of that defense, though. Linebacker Danny Stutsman, the Sooners' leading tackler and a consensus All-American, and safety Billy Bowman Jr. both are expected to miss the game as they prepare for the NFL Draft, while linebacker/defensive back Dasan McCullough entered the transfer portal. Linebacker Kip Lewis figures to play an even bigger role in the bowl game with Stutsman out. Navy's triple-option offense puts plenty of stress on linebackers. "I'm from east Texas, so I've played Wing-T like back in high school, so I'm a little used to it," Lewis said. "It's been a minute since I played it, but it brought me back to my roots playing the Wing-T." Oklahoma will also be short-handed on the offensive side, as freshman quarterback Michael Hawkins Jr. will make his first start since mid-October after Jackson Arnold transferred to Auburn. The Sooners have been thin at wide receiver all season and will be again in the bowl after several of their receivers who missed significant time due to injuries entered the transfer portal. They are hopeful Deion Burks, who played in just one of the past eight games, will be available for the bowl game. The matchup will be just the second between the programs. In 1965, Navy beat the Sooners 10-0 in Norman. --Field Level Media

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