Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/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.

24 September 2019

Company update/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.

23 September 2019

News/Supply chain finance

Climate related risk management is now a ‘must-have’

On day two of the World Conference of Banking Institutes, executive director – business development of the Abu Dhabi Global Market Steve Barnett opened sessions with a focus on sustainability in emerging markets and explored how education is a core pillar when ensuring commitment to environmental, social, and governance (ESG) initiatives.

17 September 2019

News/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.

17 September 2019

Company update/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.

11 September 2019

News/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.

05 September 2019

Company update/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.

04 September 2019

Company update/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.

28 August 2019

Company update/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.

21 August 2019

Company update/payments

JCB enables card acceptance for merchants in UK and Ireland

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announces a partnership with EVO Payments to enable JCB payment acceptance across the UK and Ireland.

19 August 2019

Company update/Supply chain finance

Marco Polo brings onboard first logisitics partner for pilot transaction

LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.

14 August 2019

Company update/Supply chain finance

Chinsay facilitates first-ever paperless trade for iron ore

Cargill and Rio Tinto in collaboration with Chinsay, Voltron, essDOCS, R3 Corda, HSBC, and BNP Paribas reduce contract issuance time by almost 98%.

13 August 2019

News/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.

12 August 2019

News/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.

15 July 2019

Company update/payments

Mastercard and OpenText partner to simplify supply chain finance

OpenText (NASDAQ: OTEX), (TSX: OTEX), a global leader in Enterprise Information Management (EIM) and Mastercard (NYSE: MA), a technology leader in the global payments industry, today announced a partnership to help companies increase financial efficiencies across global supply chains, starting in the automotive industry.

11 July 2019

News/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.

10 June 2019

News/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.

04 June 2019

Company update/Supply chain finance

OCBC and Bank of Shanghai enter collaboration pact

OCBC Bank and Bank of Shanghai deepened their strategic partnership and laid down the groundwork for future progress with the signing of an MOU on 24 May 2019 at the inaugural Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) meeting in Shanghai.

24 May 2019

Company update/regulation

Supply chain finance outfit CapitalBay gets Malaysian regulatory green light

CapitalBay, an award-winning Malaysian multi-bank supply chain finance platform has received the approval from the Securities Commission Malaysia (SC) to operate a peer-to-peer (P2P) financing platform.

16 May 2019

News/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.

13 May 2019