Supply chain finance

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Christophe Bodin joins Tradeshift as chief revenue officer

Tradeshift, the leader in supply chain payments and marketplaces, today announces that Christophe Bodin has joined the company as Chief Revenue Officer (CRO).

/payments

Mastercard and Asian Development Bank build multi-stakeholder alliance for Asian supply chains

Mastercard and its partners N-Frnds, SGeBIZ and Finastra have formed an alliance with the support of the Asian Development Bank (ADB) to create technology solutions to drive greater digital efficiency across the retail supply chain in Asia and increase wholesalers’ access to credit.

/wholesale

FactSet to provide European Commission with global supply chain data

FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has been selected by the European Commission (EC) to deliver comprehensive and up-to-date data on global supply chains.

/payments

DBS automates procure-to-pay for construction industry

DBS today introduced Singapore’s first automated supplier procure-to-pay solution for the construction sector, developed by Singaporean fintech Doxa.

/wholesale

DBS partners Infor to integrate digital trade financing into global supply chains

Infor, a global leader in business cloud software specialized by industry, has announced that it is partnering with DBS Bank, Southeast Asia’s largest bank, to integrate digital trade financing capabilities into the Infor Nexus global network of more than 68,000 businesses.

/Supply chain finance

Deutsche Bank invests in Traxpay

Deutsche Bank AG has announced its investment in the Frankfurt-based fintech Traxpay GmbH, with both parties signing the agreements in Frankfurt this Friday.

/wholesale

Citi launches supplier finance mobile app in Latin America

Citi launched a new mobile app in Latin America to facilitate suppliers enrolled in Citi Supplier Finance domestic programs access to working capital.

/wholesale

MYbank unveils five-year plan to reach more SMEs across China via supply chain finance

MYbank, a leading online private commercial bank under Ant Group, today announced a five-year plan to reach more small and micro enterprises (SMEs) across China via supply chain finance and rural lending.

/people

Tradeshift appoints Carrie Dolan as CFO

Tradeshift, the leader in supply chain payments and marketplaces, today announces that Carrie Dolan has joined the company as Chief Financial Officer (CFO).

/wholesale

Sberbank releases business-to-business supply chain app

Sberbank has launched a mobile app called Bank of Business Partners for Android.

/crypto

SolarisBank launches subsidiary digital assets

solarisBank, the tech company with a banking license, publicly announced the foundation of its subsidiary solaris Digital Assets GmbH today. The 100% subsidiary of Berlin-based solarisBank AG will provide an API-accessible platform which adds a custody solution to the full range of solarisBank’s digital white-label banking services. solarisBank had already made a significant contribution to the decentralized world in 2018 by launching the solarisBank Blockchain Factory as a banking infrastructure provider. solaris Digital Assets will further advance solarisBank’s blockchain activities by supplementing the banking infrastructure with a custody solution for digital assets.

/Supply chain finance

DBS launches digital logistics package for SMEs

With e-commerce on the rise[1], DBS will launch a digital logistics solutions package for SME customers in the space.

/Supply chain finance

C2FO acquires India’s largest early payment platform, Priority Vendor

C2FO, the world’s largest provider of working capital solutions cements its position in India by acquiring the country’s largest early payment platform, Priority Vendor.

/Sibos

CTBC Bank and Evergreen Line adopt Bolero for trade digitisation

CTBC Bank, the leading Taiwanese financial institution, and Evergreen Line, the leading brand in global container shipping headquartered in Taiwan, have entered into a landmark partnership with Bolero International, the trade finance digitisation expert, providing export clients with the multiple benefits and dramatically reduced transaction times of electronic bills of lading (eBLs) executed on the advanced Bolero electronic trade digitisation platform.

/payments

Emirates NBD launches supply chain and trade finance portal, smartTRADE

Emirates NBD, one of the leading banks in the region, has launched smartTRADE, a new portal catering to supply chain and trade finance customers, as part of the bank’s smartBUSINESS channel.

/security

Tradeshift implements Qedit privacy platform

QEDIT, a Privacy-Enhancing Technology provider based on zero-knowledge proof cryptography, has announced a partnership with Tradeshift, the leader in supply chain payments and marketplaces.

/Supply chain finance

Demica to provide technology platform for IFC’s Global Trade Supplier Finance programme

Demica, one of the largest independent providers of working capital solutions, today announced that its supply chain finance platform will be used to support IFC’s Global Trade Supplier Finance program.

/wholesale

Bank of Queensland partners Octet on supply chain financing

Octet’s unique technology-driven finance offering has secured a partnership agreement to provide B2B supply chain finance products to the Bank of Queensland.

/wholesale

Demica launches Saudi British Bank’s supply chain finance platform

Demica, one of the largest independent providers of working capital solutions, today announced that it has successfully launched Saudi British Bank’s (SABB) Supply Chain Finance platform, enabling the bank to offer payables finance to their clients.

/Supply chain finance

Standard Chartered joins SAP Ariba supply chain ecosystem

Standard Chartered Bank and SAP Ariba today announced a strategic collaboration to make the Bank’s financial supply chain solutions easily accessible to businesses in the Asia Pacific region through Ariba Network, the world’s largest digital business network connecting more than 4.2 million companies in 190 countries.

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