GLEIF will be a critically important contribution to help realize many of the current developments in fintech, and to spur more growth in cross-border trade.
Mr. Beck has managed the exponential growth of ADB’s Trade Finance Program, and implemented its first supply chain finance business. Prior to joining ADB, he worked for the Canadian Imperial Bank of Commerce and was an advisor to the Canadian Minister of Finance. Mr. Beck played a key role in the start-up of the Black Sea Trade and Development Bank, and was a consultant for USAID in Southern Africa and for a start-up financial institution in Armenia. Mr. Beck is on the Advisory Board of the International Chamber of Commerce Banking Commission, and a member of the WTO Working Group for Trade Finance.
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2015 was already tough, and we're moving into the new year with few signs that trade will pick up – but our team is enthusiastic about tackling 2016 challenges.
Public open trading windows, smart contracts, or government-issued e-currency are just a few examples of how digitization is changing how people trade.
The COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies
Criminals must be prevented from using the financial system but misdirected efforts to stop crime can harm small businesses and the jobs they create
The health crisis should drive us to aggressively digitize global trade and supply chains so we can make the economic recovery stronger and the economy more robust.