Trade finance

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/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.

/Trade finance

Ex-bankers launch global trade finance asset distribution platform

Former investment bankers Christoph Gugelmann and Nils Behling have launched Tradeteq, a cloud-based platform allowing trade finance originators and institutional investors to connect and transact.

/Trade finance

Vietcombank selects Finastra trade finance platform

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has selected Finastra to drive its digital transformation initiatives.

/Trade finance

Evergreen ties up with Bolero for electronic document exchange

Evergreen, in line with its avowed mission to deliver the highest standards of customer service through continual improvement, has introduced two new Intelligent Services - the intelligent i-B/L (Bill of Lading) and i-Dispatch, a solution that delivers documents associated with such transactions.

/Trade finance

Volante announces support for Swift 2018 standards

Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages, today announced support for the latest SWIFT Standards Release 2018.

/Trade finance

Traydstream appoints Jayan Menon country head, India

London based Fintech innovator – Traydstream – has announced the executive appointment of Jayan Menon as Country Head for India.

/Trade finance

Houlihan Lokey acquires Quayle Munro to build new data and analytics service

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it has agreed to acquire Quayle Munro Limited (Quayle Munro), an independent advisory firm that provides corporate finance advisory services to companies underpinned by data & analytics, content, software, and services.

/Trade finance

Infosys Finacle puts blockchain into practice for trade finance

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), today announced the global availability of Finacle Trade Connect, a blockchain based trade finance solution for banks.

/Trade finance

Currenxie launches trade finance service for Amazon sellers

Currenxie, the rapidly growing cross-border payments provider, which counts Chinese technology giant Tencent amongst its clients has announced the launch of its Trade Finance Solution for Amazon Sellers.

/Trade finance

Standard Bank joins CCRM digital trade network

Standard Bank has signed an agreement with CCRManager Pte Ltd, a global trade FinTech company, joining their global innovative electronic platform as a member bank.

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