Supply chain finance

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/Supply chain finance

Dianrong supply chain finance offering added to R3 Corda

Dianrong, a leader in online marketplace lending in China, and R3, a global enterprise software firm, today announced that Dianrong’s next version of its supply chain finance solution will be made available on Corda, R3’s blockchain platform for finance and business.

/Supply chain finance

Tradeshift goes all in on blockchain

The problem you didn’t know you had with accounts payable is that making suppliers wait up to 90 days to get paid is bad for innovation, bad for global trade, and bad for business.

/Supply chain finance

Commerzbank links SAP S/4Hana to R3 Corda

Commerzbank, supported by SAP, has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform.

/Supply chain finance

Standard Chartered partners with CDC on $150 million supply chain finance programme

CDC Group (“CDC”), the UK’s development finance institution, and Standard Chartered Bank (“Standard Chartered”) have today announced the signing of a memorandum of understanding for a supply chain finance programme that will increase financing for SME suppliers in Africa and South Asia, thereby boosting economic growth and trade opportunities.

/Supply chain finance

Tungsten Network extends analytics offering to accounts receivable

Tungsten Network has extended its analytics offering to include accounts receivable dashboards, allowing the 300,000 customers on its network to glean deeper insight into their cash flow and manage their finances more effectively.

/Supply chain finance

Thomson Reuters collaborates with Salesforce in fight against financial crime

Thomson Reuters today announced it is collaborating with Salesforce to help clients quickly and efficiently on-board new customers and meet regulatory anti-money laundering obligations in the fight against financial crime.

/Supply chain finance

Previse teams up with Virtualstock to deliver seamless ‘purchase to pay’ supply chain model

Previse, the instant supplier payment decision company, and Virtualstock, the leading provider of digital supply chain solutions are partnering to deliver the first fully integrated purchase to pay supply chain system with cash on delivery for suppliers in the UK.

/Supply chain finance

Aldrich makes $26 million investment in procure-to-pay startup Paymerang

Aldrich Capital Partners has made a $26 million growth investment in Paymerang, LLC, a leading provider of electronic payment solutions for businesses.

/Supply chain finance

Nucleus Software adds trade finance portal to transaction banking platform

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the latest version of its transaction banking solution called FinnAxia 5.0 and introduces Trade Finance portal.

/Supply chain finance

OFX releases developer portal with international payments API

Foreign currency exchange company OFX today announced the launch of a developer portal, designed to provide the global developer community with turn-key access to the company’s new International Payments API.

/Supply chain finance

Wyelands Capital acquires equity stake in Demica

Wyelands, the financial services pillar of Sanjeev Gupta’s GFG Alliance, has announced that Wyelands Capital has made a number of strategic investments and senior appointments to drive forward its rapid development as a financial services provider.

/Supply chain finance

Invoice Bazaar invests in online document exchange Odex

Invoice Bazaar, a FinTech Supply Chain Finance platform with presence across Asia today announced an undisclosed investment in online document exchange platform ODeX.

/Supply chain finance

Deutsche Bank publication provides guide to past, present and future of payables finance

Deutsche Bank has released a comprehensive new publication, “Payables Finance: A guide to working capital optimisation”, which provides a practical guide to the past, present and future of payables finance – all based on actual transactions and programmes.

/Supply chain finance

Amazon Business launches in France

Amazon today announced the launch of Amazon Business on amazon.fr, meaning that it is now available on three Amazon marketplaces across Europe.

/Supply chain finance

Advanon launches online factoring platform in Germany and partners with Wirecard

Wirecard is supporting Advanon’s entry into the German market.

/Supply chain finance

Investly heads to Seedrs for £500K funding

European fintech Investly launched their fundraising campaign today on Seedrs, Europe’s most active investor into private companies.

/Supply chain finance

Tradeshift launches innovation lab and incubator

Tradeshift, the world’s largest business commerce platform, today announced the official launch of Tradeshift Frontiers.

/Supply chain finance

Bank of Baroda implements iGTB supply chain finance platform

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, has implemented a comprehensive supply chain finance platform for Bank of Baroda, India’s International Bank.

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Monimove launches corporate supply chain finance platform to improve credit management

A new corporate supply chain finance platform launches today, which aims to improve credit management and provide additional transparency, security and flexibility for banks and their corporate customers.

/Supply chain finance

HSBC introduces matched electronic purchase order financing

HSBC, the world’s leading trade bank, has introduced a Matched electronic Purchase Order (Me-PO) financing solution to dramatically improve the release of working capital.