Shows
Trade Treasury PaymentsInvisible cargo, visible risk: The new reality of detecting trade finance fraudFraud in international trade once involved swapping out cargo, misreporting shipments, or falsifying the port of call. For today’s breed of fraudster, however, the manipulation lies within the documents themselves. According to data from the International Maritime Bureau (IMB), the number of suspicious documents identified by by its worldwide banking membership was 17.3% higher in Q1 2025 than it was in Q1 2024, which itself was 12.3% higher than Q1 2023.To learn more about how fraud is evolving in trade finance and what the industry can do about it, Trade Treasury Payments (TTP) Editorial Director Deepesh Pat...2025-06-0415 min