Supply chain finance

305 articles tagged with this keyword

/sustainable

Banks must adopt decarbonisation strategy ahead of imminent climate crisis

The influx of green banking initiatives and risk management tools has done little to remedy the expansion of fossil fuel financing and commercial attitudes remain unchanged as we move forward towards what is now a climate crisis, according to Boston Common Asset Management’s 2019 report.

/sustainable

SustainableFinance.Live - a new event series

Finextra Research and ResponsibleRisk are collaborating with change agents in the sustainable finance arena to showcase a programme of content, workshops and conferences.

/payments

Mastercard launches payment on delivery service for businesses

Mastercard is working with PNC Bank to pilot a system that lets businesses pay suppliers in real-time when receiving goods or services.

/Supply chain finance

Citi partners with WorldLink to enhance supply chain offering

Citi’s Treasury and Trade Solutions (TTS) has strengthened supplier finance offerings in partnership with the bank's internal platform WorldLink, allowing clients to transact and settle across multiple major currencies in the US with plans to expand globally.

/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.

/payments

Barclaycard Commercial Payments hub aims to smooth procurement process

As businesses become increasingly concerned with paying their suppliers on time, Barclaycard Commercial Payments has launched an online hub designed to smooth the process.

/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

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.

/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

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.

/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.

/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.

/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.

/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.

/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%.