Trade finance

432 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.

/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.

/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.

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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.

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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.

/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.

/wholesale

Lopay and YouLend partner to close SME funding gap

Lopay, a London-based payment processing app that focuses on faster payouts and lower processing fees, has announced a strategic partnership with YouLend, the leading global embedded financing platform, to make flexible and affordable business financing available for Lopay’s 40,000+ customers.

/payments

AccessPay launches treasury consultancy service

AccessPay, the leading bank integration provider, today announced the launch of its consulting arm to help organisations transform their payments, collections and treasury functions.

/people

Ebury boost UK sales team

Ebury, the global financial technology firm, is delighted to announce the appointment of a new UK Head of Sales, Maxim Syn, and UK Head of Dealing, Samuel Edwards.

/startups

Abu Dhabi fintech FlapKap secures $34M in debt and equity funding

Abu Dhabi-based FlapKap, a leading fintech platform providing revenue-based and embedded financing solutions in the MENA region, today announced the completion of $34M in new debt and equity funding.

/wholesale

EP Resources selects Surecomp to automate documentary trade credit

Surecomp today announced that EP Resources, a global leader in energy and commodities trading, has selected its RIVO solution to automate and enhance its documentary trade finance process.

/wholesale

Newgen launches trade finance platform in the Middle East

Newgen Software Technologies Ltd., a global provider of low-code digital transformation solutions, has launched its trade finance platform in the Middle East.

/payments

GSBN to trial Bill of Lading tokenisation in Hong Kong

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of partners, has officially joined the Hong Kong Monetary Authority’s (HKMA) Project Ensemble to test its electronic Bill of Lading (eBL) tokenisation use case with Ant Digital Technologies and conduct interbank atomic settlement of tokenised deposits between the Hongkong Shanghai Banking Corporation (HSBC) and Hang Seng Bank (Hang Seng).