Supply chain finance

129 articles tagged with this keyword

/Supply chain finance

Banks back pilot bidding to unlock finance for sustainability in supply chains

Several major banks, including Barclays and Standard Chartered, have joined a pilot using blockchain technology to improve the sustainability of global supply chains.

/Supply chain finance

Swift publishes new API standard

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.

/Supply chain finance

ASB Bank takes stake in distributed ledger startup TradeWindow

New Zealand's ASB Bank has taken a stake in early-stage supply chain tech startup TradeWindow.

/cloud

BMO taps Demica supply chain finance tech

Bank of Montreal is joining forces with working capital outfit Demica to provide clients with supply chain finance options.

/retail

UniCredit invests in dynamic discounting startup FinDynamic

UniCredit has taken a minority equity stake in FinDynamic as part of a wider partnership with the Italian startup to boost working capital options for the bank's corporate clients.

/Supply chain finance

Tencent leads $35m investment in UK fintech

Chinese e-commerce giant Tencent is heading up a $35 million financing round for UK-based startup TrueLayer, further adding to its growing portfolio of fintech investments.

/Supply chain finance

SoftBank Vision fund invests $800m in UK fintech

SoftBank's Vision Fund, the largest fintech venture capital fund in the world is reported to be investing $800m in a UK-based supplier of alternative supply chain finance, thereby doubling its valuation to $3.5bn.

/Supply chain finance

Marco Polo blockchain network used for commercial transactions

The Marco Polo blockchain trade finance network has successfully navigated unchartered territory, facilitating two commercial transactions involving Commerzbank and LBBW.

/Supply chain finance

Standard Chartered signs MoU with Chinese supply chain finance platform

Standard Chartered has struck an agreement with Linklogis to use the Chinese B2B player's blockchain-enabled supply chain platform to improve business financing opportunities and deepen client relationships in China.

/Supply chain finance

ING joins group using blockchain to shake up mining and metals sector

Dutch banking giant ING has joined a consortium, including IBM and mining tech firm MineHub, that is looking to tap blockchain technology in the high-value global mining and metals supply chain.

/security

Securities participants are next on the hitlist for cyber attackers – BAE Systems and Swift report

In an interview with Finextra, BAE Systems’ head of cyber security consulting practice Robin Oldham shares new research conducted with interbank messaging network Swift, which profiles the way in which sophisticated cyber crime gangs are moving up the value chain in search of big wins in the wholesale payments and capital markets arena.

/Supply chain finance

NZ bank ASB sets blockchain trades in motion with VerifyUnion; DBS debuts commodity pricing platform

ASB has partnered with VerifyUnion, a decentralised identification platform, to launch New Zealand’s first bank blockchain single trade window.

/Supply chain finance

Money 20/20 Day Three: Liberating cryptocurrency for an Internet-style revolution in payments

Litecoin’s Charlie Lee contradicted popular belief on day three of Money 20/20 by stating that cryptocurrency encourages free movement of money and blockchain advocates should expect a positive change in privacy protocol, as fungibility is the only missing component for widespread adoption.

/Supply chain finance

ABN Amro launches container logistics blockchain pilot

ABN Amro is working with the Port of Rotterdam Authority and Samsung SDS on a container logistics blockchain pilot.

/Sibos

Top banks come together to build Trade Information Network

Seven top-tier banks have joined forces to create a single platform for trade and supply chain finance, helping corporates to communicate seamlessly across multiple banking partners.

/Supply chain finance

Standard Chartered partners Huawei on IoT lending projects

Standard Chartered is working with Chinese networking conglomerate Huawei on the development of IoT sensors that would automatically trigger payments to corporates by providing real-time data on the movement of goods.

/Supply chain finance

Mastercard unveils global trade platform

Mastercard has launched a global trade platform, powered by Microsoft Azure, that is designed to streamline and automate the procure-to-pay process for companies around the world.

/Supply chain finance

Chinese firms partner for blockchain payment systems play

Two of China’s largest financial services firms have agreed to work towards the development of a blockchain-based mobile payment system in what has been a busy week for China's burgeoning fintech sector and also a signal of the extent of China's blockchain ambitions.

/Supply chain finance

Barclaycard partners accelerator graduate to digitise B2B supply chain

Barclaycard is working with Silicon Valley startup Crowdz to digitise and speed up what is still for many firms a slow and clunky business-to-business supply chain.

/Supply chain finance

Citrusxchange launches blockchain-based supply chain financing platform

Canadian startup Citrusexchange has unveiled a blockchain-based platform for supply chain and invoice financing.