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

Standard Chartered taps Demica for new supplier finance portal

Standard Chartered is to ease enrollments to its supplier finance programme through an online platform delivered by Demica.

12 October 2021

Company update/wholesale

Finverity adds fund management functionality to supply chain finance package

Finverity, the award winning mid-market supply chain finance platform focused on emerging markets, today announces the launch of its fund manager functionality, an industry first for the supply chain finance (SCF) sector.

22 September 2021

Company update/devops

Société Générale to tap into open factoring

Société Générale Factoring, the subsidiary of Société Générale dedicated to factoring, and HPD Lendscape, a leading international secured-lending platform vendor, today announced the successful alignment of the Société Générale Factoring’s sophisticated “open factoring” environment to the latest Lendscape API framework.

09 September 2021

News/wholesale

Standard Chartered and Linklogis team on trade finance platform

Standard Chartered and Chinese blockchain-enabled supply chain financing platform Linklogis have formed a joint venture to build a trade finance origination and distribution platform.

30 August 2021

News/regulation

UK to restructure data policy and underpin innovation post-Brexit

Oliver Dowden, the UK Secretary of State for Digital, Culture, Media and Sport, has announced that new ‘data adequacy’ partnerships will be struck with the likes of the US, Australia, and the Republic of Korea.

27 August 2021

Company update/sustainable

AIB hones in on ESG with social bond framework

AIB has launched a Social Bond Framework paving the way for the bank to issue a Social Bond in the near future to further support communities across Ireland. The move comes at a time when Euro issuance of bonds for Environmental, Social and Governance (ESG) purposes looks set to exceed €350bn this year*.

23 August 2021

Research/Supply chain finance

Corporate Mobile Banking and the Road to Omnichannel

23 August 2021 340 downloads

News/sustainable

UOB adopts risk management framework Equator Principles

Leading bank in Asia, United Overseas Bank (UOB), has today announced it has been approved to join the Equator Principles Association, and has adopted the Equator Principles (EPs).

20 August 2021

News/wholesale

BBVA taps into Ant's Trusple blockchain platform

BBVA has inked a deal to integrate cross-border payment and financing services in Ant Group's blockchain platform for global trade, Trusple.

11 August 2021

Company update/payments

OCBC joins procure to pay initiative for construction sector

GuocoLand Limited (“GuocoLand”), Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) and local fintech company Doxa have signed a Memorandum of Understanding (MOU) for a strategic partnership to develop and pilot the built environment industry’s first end-to-end digital workflow solution to streamline the procurement and payments workflow processes for development projects.

03 August 2021

News/startups

Former Mollie and Klarna execs build BNPL platform for B2B purchasing

Former Mollie and Klarna senior managers have developed Biller, an AI powered buy now, pay later service for B2B purchasing.

27 July 2021

Company update/people

Taulia appoints Ali Ansari as director for global supply chain and payable solutions

Taulia, the leading fintech provider of working capital solutions, has today announced the appointment of Ali Ansari as Director for Global Supply Chain and Payables Solutions.

01 July 2021

Company update/payments

India's Progcap raises $25 million

Progcap, the pioneer in corporate led last mile retailer financing solutions in India has raised $25 million equity capital as part of its Series B investment round led by Tiger Global and existing investor, Sequoia Capital India.

21 June 2021

Company update/payments

Mastercard blockchain to bring visibility to cattle supply chain in Zimbabwe

E-Livestock Global today launched a first-of-its kind solution powered by Mastercard’s blockchain-based Provenance solution, empowering Zimbabwean farmers to prove the origin and health records of their cattle, while reducing risks to buyers.

17 June 2021

Company update/sustainable

Standard Chartered ships sustainable supply chain benchmarking tool

Companies can now benchmark the resilience and sustainability of their supply chains, based on comparisons with peers across regions and sectors, using a new sustainable supply chain benchmarking tool developed by Standard Chartered.

15 June 2021

Research/Supply chain finance

Factoring of the Future - Why Factors need to look to the Cloud

10 June 2021 253 downloads

News/startups

Stemly spins out from ING Labs in Singapore

Stemly, a supply chain inventory manage and finance startup incubated by ING Labs in Singapore, has been spun out as an independent venture.

08 June 2021

News/payments

Standard Chartered to offer escrow-as-a-service in tandem with Tazapay and Proxtera

Standard Chartered has signed a memorandum of understanding (MoU) with payments startup Tazapay to deliver digital escrow services to buyers and sellers looking to trade globally on Proxtera, a business-to-business marketplace network.

21 May 2021

News/wholesale

Commerzbank pilots blockchain for supply chain processes

Commerzbank has teamed up with two chemicals companies to test a shared blockchain platform for handling bilateral supply chain processes in a live environment.

21 May 2021

News/security

NYDFS: SolarWinds hack is a harbinger of the next big financial crisis

Responding to the recent hack of IT company SolarWinds, the New York State Department of Financial Services says that the next big financial crisis could come from a cyber attack.

04 May 2021