Trade finance

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/Trade finance

Wan Hai Lines executes first Bolero International electronic bill of lading

Wan Hai Lines, the Taiwan-based carrier with the most comprehensive service network in Asia, has partnered with Bolero International, the trade finance digitisation expert, to execute its first electronic bill of lading (eBL) for a large shipment of polyester filament from Taiwan to China.

/Trade finance

Standard Chartered pilots blockchain trade finance guarantee platform

Standard Chartered announced today a collaboration with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a digital trade provider, to carry out an industry-first client pilot to create an end-to-end blockchain-based smart guarantees proposition in trade finance.

/Trade finance

Standard Chartered upgrades Swift for Corporate trade programme

Standard Chartered has enhanced its SWIFT for Corporates Trade solution to provide a full suite of trade messaging capabilities which will enable the digitisation of trade and trade finance for their international clients.

/Trade finance

TradeIX opens office in Singapore

In line with its global expansion plans and its commitment to the Asia Pacific Region, TradeIX is pleased to announce the opening of its office in Singapore as well as two key appointments.

/Trade finance

UniCredit completes first transaction via blockchain based trading platform we.trade

UniCredit today announced the successful completion of its first international transaction via blockchain-based trading platform we.trade.

/Trade finance

Tradeteq raises $6.3 million

Tradeteq, the trade finance distribution platform, has raised US$6.3mn of equity investment in seed extension funding round, led by ADV.

/Trade finance

NatWest joins trade finance network Marco Polo

NatWest has today announced that it has joined Marco Polo, the trade finance platform that uses blockchain technology to dramatically reduce the costs, risks and time involved in businesses trading with each other.

/Trade finance

Bolero International makes senior appointments

Bolero International, the leading trade finance digitisation expert, has made two new senior appointments to accelerate its world-wide growth.

/Trade finance

LendInvest joins Luxembourg fintech hub

LendInvest, the UK’s leading online marketplace platform for property finance, has become a fellow of the Luxembourg House of Financial Technology (LHoFT), the country’s leading FinTech innovation hub.

/Trade finance

Traydstream names former Citi exec Asif Ali MD, product

Trade finance software firm, Traydstream, have announced the executive appointment of Asif Ali as Managing Director of Product.

/Trade finance

Accuity adds real-time vessel alerting and tracking to screening service

Accuity, the leading provider of financial crime compliance, payments and counterparty know-your-customer (KYC) solutions, today announced its new vessel monitoring capability, Firco Trade Compliance Ship Enforcement Alerts (SEA), which will further enhance its market leading screening solution.

/Trade finance

Natixis joins R3's blockchain-based trade finance network Marco Polo

As part of its ongoing efforts to offer nextgeneration trade finance solutions to its clients, Natixis has announced that it has joined the trade finance network Marco Polo.

/Trade finance

Bangkok Bank joins R3's Marco Polo consortium

Bangkok Bank Public Company Limited (“Bangkok Bank”), one of the largest regional banks in South East Asia and Thailand’s largest lender, has joined the Marco Polo trade finance initiative run by enterprise software firm R3 and trade finance technology specialist TradeIX.

/Trade finance

Addiko Bank taps Appian for digital applications

Appian (Nasdaq: APPN) and Addiko Bank, an international financial group headquartered in Vienna, Austria, today announced that the bank has deployed two new digital banking applications on Appian’s low code application platform.

/Trade finance

Commerzbank links SAP S/4Hana to R3 Corda

Commerzbank, supported by SAP, has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform.

/Trade finance

Emirates NBD joins CCRManager trade finance platform

Emirates NBD, a leading bank in the region today announced that it has joined the rapidly growing community of members on CCRManager, a fintech platform supporting the origination and distribution of trade assets.

/Trade finance

Citizens Bank picks Finastra to power trade finance

Citizens Bank, working with Infosys as its implementation partner, has selected Finastra to power the trade finance solution it offers to its corporate clients.

/Trade finance

Nucleus Software adds trade finance portal to transaction banking platform

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the latest version of its transaction banking solution called FinnAxia 5.0 and introduces Trade Finance portal.

/Trade finance

Yes Bank applies robotic process automation to import/export document submissions

YES BANK, India’s fourth largest private sector bank has launched a new robotics based ‘Digital Export and Import’ Payments solution as a part of its comprehensive YES TRANSACT Smart Trade product suite, to help Importers and Exporters significantly improve their operational efficiencies and fast-track payments.

/Trade finance

Accenture completes trial of ocean-going blockchain platform

A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organization has successfully tested a blockchain solution that can eliminate the need for printed shipping documents and save the freight and logistics industry hundreds of millions of dollars annually.

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