Trade finance

687 articles tagged with this keyword

/markets

BNP Paribas launches post-trade data management services with NeoXam

BNP Paribas’ Securities Services business today announces the launch of new post-trade data management services, leveraging the Investment Data Solution (IDS) of NeoXam, a market leader in financial data technology solutions, to support clients’ decision-making across the investment value chain.

/wholesale

MUFG strengthens digital trade finance capabilities with Surecomp

MUFG is pleased to announce further efforts to strengthen its digital trade finance capabilities by adding Surecomp’s RIVO™ platform as its new trade finance multibank channel, complementing MUFG’s existing third-party channels in EMEA.

/wholesale

Bian releases new developer tools

BIAN, the independent not-for-profit standards association, is today announcing the availability of new tools that help the introduction of BIAN standards by streamlining compliance and implementation.

/crypto

Chainlink consortium to test trade finance app using Brazil's digital Real

Microsoft Brazil, 7COMm and Chainlink are to work with Banco Inter on a trade finance application as part of the second phase of the central bank's trials of its digital currency, Drex.

/ai

Surecomp commits to reducing trade finance processing time by 30% with AI

Surecomp today announced it commits to reducing bank guarantee processing time by thirty percent with the help of Artificial Intelligence (AI).

/markets

UK must 'rebuild relations' with EU says Bank of England head

Bank of England’s governor, Andrew Bailey stated that the UK must “rebuild relations” with the EU while respecting the decision of the British people to leave in his Mansion House speech to investors.

/payments

BNP Paribas, Vanderlande and Surecomp comple Swift - ICC API pilot for trade finance guarantees

Surecomp today announced that, together with BNP Paribas and Vanderlande, it has successfully piloted a new corporate-to-bank connectivity standard designed by Swift and the International Chamber of Commerce (ICC).

/crime

Pole Star Global integrates with Eastnets for vessel tracking to curtail maritime financial crime

This enhancement equips financial institutions with real-time vessel tracking and AI-driven monitoring, both crucial for addressing the escalating challenges of trade-based financial crime.

/wholesale

Bian ships latest iteration of its 'coreless banking' platfrom

BIAN, the independent not-for-profit standards association, is today launching the fourth iteration of its Coreless Banking Initiative following Money20/20 USA.

/Sibos

Tokenisation use cases to be excited about

At Sibos 2024, Angie Walker, Global Head of Banking and Capital Markets, Chainlink Labs, explored the topics of blockchain and tokenisation and how they are transforming the existing world as well as how the technology creates opportunities for the future. While historically, across money market and fixed income funds, high quality liquid assets have not been able to be moved, with tokenisation, these funds can be migrated seamlessly and instantaneously on the ledger. By liberating assets to be used for other functions in trading operations, the world is a trader’s oyster and future developments in ESG instruments, structured finance, and infrastructure also opens up a way to create commercial assets and verify sequestration with smart contracts and data oracles, ensuring the integrity of the asset, cross chain interoperability and keep the asset in sync throughout it’s life journey.

/markets

AFP: 2025 FX market trends and the impact of the US Election

Can a smaller FX and global payments provider compete against the large and regional banks when it comes to buying and sending foreign currency payments to suppliers overseas? “Absolutely,” said Monex USA CEO John Doyle.

/wholesale

More banks join Surecomp's trade finance ecosystem

Surecomp today announced that a host of leading trade finance banks have recently joined its RIVO ecosystem.

/wholesale

BNY and Mizuho forge trade finance pact

The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and Mizuho Bank, Ltd. (“Mizuho Bank”), the banking arm of Mizuho Financial Group, Inc. (NYSE: MFG) and one of the largest full-service financial institutions in the world, jointly announced a landmark agreement for correspondent bank network connectivity for international trade.

/wholesale

WaveBL demonstrates blockchain-based trade finance with Swift and five global banks

WaveBL, the leading blockchain-based electronic Bill of Lading (eBL) platform, has completed a groundbreaking Proof of Value (POV) with Swift and the participation of five global banks: Lloyds, Emirates NBD Bank, Federal Bank Limited, and other banks, as well as MSC Mediterranean Shipping Company (MSC), a leading ocean carrier acting as an eBL issuer on WaveBL.

/Trade finance

The Future of Payments 2025 – Digital, Instant, Profitable?

947 downloads

/wholesale

Standard Chartered debuts digital request for quote module for letters of credit

Standard Chartered has announced the introduction of Autoquote, a new digital request for quote (RFQ) module available on its Straight2Bank Next Gen, the bank’s digital banking platform.

/payments

Citi Token Services for Cash goes live

Citi's Token Services for Cash has gone live, enabling institutional clients to move money between branches around the world 24/7.

/startups

Round Treasury secures $2.1m in funding

Round Treasury, the all-in-one banking and treasury platform specifically designed to make life easier for founders and CFOs, today announces the closing of its $2.1 million pre-seed funding round.

/sustainable

Sustainable Finance Live 2024: How can natural capital be assessed and why does it need to be?

Kicking off Sustainable Finance Live 2024 at Events@No6 in London, Richard Peers, founder of ResponsibleRisk and contributing editor at Finextra opened with an introduction outlining the themes and objectives of this year’s event, to understand natural capital risk, pricing, and trade.

/cloud

Sonali Bangladesh UK chooses Finastra for digital banking services

Finastra is pleased to announce that Sonali Bangladesh UK (SBUK), a UK-based financial institution providing trade finance services to Bangladesh, has chosen its solution to transform the institution’s banking operations.