Trade finance

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Bladex to implement CGI trade technology platform

CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, and Bladex (NYSE: BLX), Banco Latinoamericano de Comercio Exterior, announced an agreement for the implementation of the CGI Trade360® trade technology platform.

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BofA adds transaction search engine to CashPro

When it comes to finding, analyzing and acting on their company’s financial information, corporate finance departments, treasurers and CFOs expect the same ease and convenience they enjoy while managing their personal finances.

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BIS aims to the complexities of global value chains with prroject Insight

The Bank for International Settlements (BIS) is launching Project Insight to explore how to better monitor developments in global value chains (GVCs) by combining structured and unstructured granular data and applying big data analytics tools.

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Raiffeisen Bank International reinforces trade finance customer engagement with Surecomp

Surecomp today announced that it has been selected by Raiffeisen Bank International AG (RBI), one of the leading banks in Austria and CEE, to reinforce their trade finance customer engagement.

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DZ Bank picks Surecomp trade finance platform

Surecomp announced that leading trade finance bank DZ BANK AG, has taken the next step in its ambitious plans to use the collaborative trade finance platform RIVO™ to further enhance its digital trade finance customer service delivery.

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Loop and JPMorgan tie up to turbocharge freight payments

Loop, the modern audit & payment platform for the next-gen supply chain, today announced its collaboration with J.P. Morgan Payments to help make financial operations more accessible and profitable for every shipper, carrier, and third-party logistics provider.

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Traydstream and 360tf partner to digitise document processing

360tf, a trailblazer in the digitisation of global trade finance, is pleased to unveil its partnership with Traydstream, a pioneer in trade digitisation, as part of its ongoing mission to innovate and expand its global trade finance solutions.

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CBiGroup raises $15m

Fintech Group based in the U.S, CBiGroup completes $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round.

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Tradition appoints Michel Everaert as global head of e-commerce and digitalisation

Tradition, one of the largest global transactional and market data platform in financial and commodity related products, has today announced the appointment of accomplished industry veteran, Michel Everaert, as its Global Head of E-Commerce and Digitalization.

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Traydstream appoints Stephan Hufnagl as chief technology officer

Traydstream, a leading provider of innovative trade finance solutions, is delighted to announce the appointment of Stephan Hufnagl as its new Chief Technology Officer (CTO).

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Wells Fargo chooses TradeSun to digitise trade finance

TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitization solution from TradeSun, using Artificial Intelligence (AI) and other advanced technologies to streamline the complex and manual processes employed globally within the banking industry.

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Surecomp partners Cleareye.ai on AI-powered trade finance automation

Surecomp today announced a strategic partnership with Cleareye.ai Inc., a leading provider of digital trade finance solutions providing automation of trade compliance and operations.

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Finastra works with TradeSun on sustainable supply chain finance

Finastra today announced that it has integrated AI-powered ESG (environmental, social and governance) scoring capabilities into its working capital solution, Trade Innovation.

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Lloyds completes first electronic Bill of Landing transaction

Lloyds Bank has completed its first transaction using an electronic Bill of Lading (eBL) on the WaveBL trade documentation platform, in a cross-border deal that featured entirely digital exchanges of documentation.

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Finboot appoints Mark Redwood to advisory board

Finboot is announcing today it has appointed Mark Redwood a financial and professional services specialist and former Chairman of Karnov Group, and Thomson Reuters President, to its Advisory Board.

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Vayana TradeXChange and Arqit collaborate on trade finance

Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), and Vayana TradeXchange have announced a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international supply chains.

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Marco Financial raises $12 million Series A

Marco, the trade finance platform catering to the needs of SME exporters in Latin America, has announced the successful closure of a $12 million Series A funding round. The round was led by IDC Ventures, with additional participation from IDB Lab (the innovation and venture laboratory of the Inter-American Development Bank Group), Barn Invest, SquareOne Capital, Arcadia Funds, Florida Funders, Miami Angels, Kayyak Ventures, and Neer Ventures, among others.

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Finastra and Tesselate debut pre-packaged trade finance platform

Finastra, a global provider of financial software applications and marketplaces, and Tesselate, a global digital transformation consultancy and integrator, today announced the launch of an end-to-end pre-packaged service for faster and easier trade finance digitalization.

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Deutsche Bank executes XTransfer’s first onshore Thai Baht trade in Thailand

XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is thrilled to announce a major milestone in its partnership with Deutsche Bank.

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Commerzbank selects Surecomp to future-proof trade finance business

Surecomp today announced that Commerzbank AG, the leading trade finance bank in Germany, has chosen to deploy its DOKA-NG solution for back-office trade finance processing across multiple entities.

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