Supply chain finance

125 articles tagged with this keyword

/Supply chain finance

Swift Business Forum Canada - live blog

Welcome to Finextra's live coverage of the Swift Business Forum Canada 2018 in Toronto. This event will focus on important issues affecting the financial industry, exploring how far, and how fast, the transformation of financial services will take place in Canada and beyond.

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KBC invites business clients to join international matchmaking platform

Belgium-based KBC Bank has launched an online platform where its business clients can network with thousands of other companies from around the world.

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Marco Polo sets sail for DLT pilot phase

Marco Polo, a blockchain-based platform for open-account trade finance created by TradeIX and R3 in collaboration with leading global banks, is to move into a live pilot phase following a successful six month proof of concept.

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Fintech group TruFin raises £70m

TruFin, a British fintech and banking business with fingers in various niche lending pies, has raised £70 million through a listing on the LSE's AIM market.

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Banks and fintech startups join forces on blockchain-based supply chain pilot

A group of banks and fintech startups are backing a pilot with Malawian tea farmers that will use blockchain technology to try to create more sustainable supply chains.

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Finextra partners with top banks and vendors for Sibos debates

Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.

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Bank of America applies AI to streamline client payment processing

Bank of America has worked with fintech startup High Radius to apply artificial intelligence to corporate processing of accounts receivables.

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Santander partners Tradeshift to unlock working capital for B2B market

Banco Santander has struck a deal with San Francisco-based Tradeshift to provide a suite of supply chain finance services to the 1.5 million companies operating on the startup's marketplace platform.

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SEB invests in local startup Leasify

Swedish bank SEB is to invest Skr10 million in local startup Leasify, which helps SMEs secure better deals for rental and leasing agreements.

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Santander invests in B2B supply chain platform Tradeshift

Santander's global venture capital fund has made its latest portfolio investment in supply chain platform Tradeshift.

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UK payments regulator calls for structural reform

The Payment Systems Regulator (PSR) has called for an overhaul of the UK's payments infrastructure to generate more competition and meet consumers' needs.

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China revives controversial bank procurement rules - Reuters

International tech vendors could face difficulty selling to Chinese banks after Reuters reported that the Chinese government is set to revive controversial cyber security rules that limits the amount of technology that Chinese banks can buy from overseas vendors.

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Banks seek out new opportunities in supply chain finance

The importance and potential of supply chain finance as a line of business for European banks has been emphasised in a survey by working capital outfit Demica which indicates that one third of banks sampled have created SCF-specific roles with directorial status.

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Supply chain finance industry set for disruption as Tungsten lines up takeover targets

E-invoicing network OB10 is set to be paired with the UK arm of First International Bank of Israel under plans hatched by a new investment vehicle created specifically to shake up the supply chain finance industry.

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Danish start-up Tradeshift launches e-invoicing platform

Danish firm Tradeshift is launching an international e-invoicing platform designed to disrupt traditional international payment mechanisms by offering fee-free transactions over an open-standards and Internet-based smart supply chain network.

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Korea Exchange Bank and IBM ink strategic procurement outsourcing deal

Korea Exchange Bank (KEB) and IBM have signed a five-year strategic procurement outsourcing agreement, covering IT, marketing, services, facilities and supplies.

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Outsourcing and offshoring take centre stage at Finexpo

Finexpo - Outsourcing Strategies, a new one-day conference and exhibition from Finextra on 5 June in London will feature keynote presentations from Deutsche Bank, IBM and Société Générale. It will also feature panel discussions covering best practice and the latest outsourcing trends on the sell-side and buy-side - from business processes such as trade execution, risk management and analysis through to back-office processing, infrastructure and application development.

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Barclays introduces supplier finance service

UK banking group Barclays has launched an online supplier finance service designed for its corporate customers.

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Sainsbury's partners Morgan Stanley for supplier payment system

UK supermarket chain Sainsbury's has teamed with US bank Morgan Stanley to implement a new payment system designed to make it easier and quicker for smaller suppliers to access account information and receive payments.

/Supply chain finance

Sibos 2006 from an Aussie bank IT manager's perspective

Jacqueline Guichelaar is general manager of the technology operations group at National Australia Bank (NAB). Here she shares her views on attending her first Sibos event, industry collaboration between bank IT professionals and opportunities for technology vendors to better align with banks' priorities.