Trade finance

432 articles tagged with this keyword

/Trade finance

Euler Hermes establishes Digital Innovation Lab in London

The Euler Hermes Digital Agency (EHDA) has established a presence in London for the first time with the appointment of Raphael Caruso as Head of the Innovation Lab for Euler Hermes Northern Europe Region, based in the company’s Canary Wharf office in London.

/Trade finance

DBS launches online Letter of Credit service

DBS has launched a new service that allows SMEs to apply for a Letter of Credit (LC) online within five minutes and have it issued within two business days.

/Trade finance

Mitsubishi UFJ Capital joins Kyriba funding round

Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics, healthcare, and technology investments, has joined Kyriba’s Series D funding round.

/Trade finance

Tungsten overhauls SME payments proposition

Tungsten Network has strengthened its finance offer to thousands of firms in the UK and US with an overhaul of its Early Payment solution for SMEs.

/Trade finance

HSBC and Reliance Industries present electronic Letter of Credit

HSBC and Reliance Industries have completed a landmark digital transaction in India, involving the electronic presentation of export documents under a Letter of Credit, that paves the way for faster and more cost-efficient cross-border trade.

/Trade finance

Nordea processing of Swift MT798 now fully automated

Nordea has announced capabilities to handle the SWIFT MT798 messaging in a fully automated manner.

/Trade finance

Citi names Ebru Pakcan head, treasury and trade solutions, Emea

Citi has today announced the appointment of Ebru Pakcan as Head of Treasury and Trade Solutions (TTS) for the EMEA region. Ebru takes over the role from Rajesh Mehta, who was recently named Regional Head of TTS for Asia-Pacific.

/Trade finance

Intesa Sanpaolo taps Bolero for electronic trade documentation

Intesa Sanpaolo, the leading Italian banking group, has used Bolero’s ePresentation to become the first nationwide Italian bank to issue an electronic import documentary credit, breaking new ground in digitisation of the country’s trade.

/Trade finance

Bolero dematarialises documentary credits for Bank of China

Bank of China (Hong Kong) (BOCHK) has used Bolero’s ePresentation solution for its first-ever electronic back-to-back documentary credit, hugely reducing the time required to facilitate a large iron ore shipment from Australia to China.

/Trade finance

New ICC survey finds worsening global shortage of trade finance

Small and medium-sized enterprises (SMEs) and African countries are suffering the most from a deepening global trade finance gap, according to a new survey by the International Chamber of Commerce (ICC) released today.

/Trade finance

HSBC expands global trade finance investment network

HSBC announced at the ‘Sibos’ financial services conference in Geneva today that it has built a multi-hub capability to enable investors such as pension funds, asset managers and insurers to participate in the global financing of cross-border trade.

/Trade finance

Accuity launches dual-use goods screening engine

Accuity, the leading global provider of compliance solutions, has today launched its enhanced dual-use goods screening capability. This sophisticated screening engine intelligently differentiates between goods that could have civil and military purposes.

/Trade finance

Misys-inspired World Trade Board advances trade finance agenda

Today at Sibos 2016, the World Trade Board unveiled three key initiatives to drive the trade finance agenda.

/Trade finance

Marine Transport International applies blockchain to shipping supply chain

MTI (‘Marine Transport International (UK) Limited’) today announces the deployment of the world’s first public blockchain solution in the global shipping industry.

/Trade finance

Misys joins forces with essDOCS on paperless trade initiative

Misys and essDOCS, the leading enabler of paperless trade, have joined forces to further eliminate the paper-based and manual processes that hamper international trade finance business.

/Trade finance

BACB selects Temenos Corporate Suite for IT replacement project

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that BACB, the London based provider of trade finance and treasury services to Africa and the Middle East, has selected Temenos’ CorporateSuite, which includes Channels and Analytics for Corporates, to replace existing legacy systems.

/Trade finance

MIT opens office in Singapore

MIT (Micro Informatique & Technologies SA) has just officially completed the opening of an office in Singapore, which will act as MIT operational centre for the Asia Pacific region.

/Trade finance

Dun & Bradstreet launches cloud-based D&B Credit

Dun & Bradstreet has today launched D&B Credit™, the next generation risk management platform for trade credit in the UK and Ireland.

/Trade finance

Plummeting pound prompts UK SMEs to “fix-it” following Brexit volatility

World First’s Q2 2016 Global Trade Barometer has captured the knee-jerk reaction of UK SMEs to a plunging pound in the wake of the UK’s historic Brexit result.

/Trade finance

Blockchain for trade finance startup Fluent hires Terry Pierce from incumbent

Fintech company Fluent, the financial operating network for global commerce, announced today that Terry Pierce has joined the team as VP of Customer Development.