Trade finance

440 articles tagged with this keyword

/wholesale

GSBN interoperable eBL product goes live

Global Shipping Business Network (GSBN), ICE Digital Trade and IQAX launched their landmark interoperable eBL solution today.

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Bank of Ireland pivots to Surecomp's Trade Finance-as-a-service

Surecomp today announced that Bank of Ireland, the country's leading financial institution, has chosen to deploy its DOKA-NG platform as a SaaS solution to streamline back-office trade finance operational efficiency.

/retail

Hang Seng participates in HKMA RMB trade financing initiative

Hang Seng Bank has become one of the first banks to participate in the Renminbi Trade Financing Liquidity Facility (‘RMB TFLF’) introduced by the Hong Kong Monetary Authority (‘HKMA’).

/wealth

XTB scores securities license in Chile

XTB, a global company that provides individual investors instant access to financial markets worldwide, has received a securities agent license in Chile. This is a significant milestone for the company as it expands its presence in Latin America.

/wholesale

Surecomp acquires ELCY

Surecomp today announced the acquisition of ELCY Ltd, a UK-based digital trade finance solution provider.

/ai

Finastra debuts AI assistant for trade finance

Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution.

/regulation

NayaOne powers World Economic Forum's TradeTech regulatory sandbox

NayaOne is proud to power the World Economic Forum's TradeTech Regulatory Sandbox, delivered in collaboration with the UAE Ministry of Economy (MoE) and the Abu Dhabi Department of Economic Development (ADDED).

/startups

Fintech startup 129Knots raises $10 million

Global fintech venture 129Knots has launched with a $10 million investment led by Sing Fuels. Backed by a $500 million deal pipeline, it is set to revolutionize the industry with its real-world asset origination to distribution (OTD) technology.

/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.

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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.

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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.

/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).

/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.

/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.

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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.

/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.

/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.