Trade finance

441 articles tagged with this keyword

/regulation

Pelican hires Byron McKinney as trade finance compliance product manager

Pelican, a global provider of AI-powered payments and financial crime compliance systems for banks and corporates, has strengthened its compliance management team with the appointment of Byron McKinney as Trade Finance Compliance Product Manager, based in Pelican’s London headquarters.

/Trade finance

Yes Bank digitises trade finance documentation

YES BANK, India’s 4th largest private sector bank announced that it has completed a first-of-its-kind digital transaction with Welspun Global Brands Limited (WGBL) – a subsidiary of Welspun India Limited, in the form of e-Presentation, involving end-to-end electronic presentation of export documents.

/Trade finance

OrganiMark partners Sweetbridge blockchain platform for trade financing

OrganiMark, the leading value chain engineering and category management company, today announces it will work with Sweetbridge to deliver trade financing for Sustainable Cotton in a best practice platform for integrated value chain management.

/startups

Traydstream raises $3.5m

Award-winning trade finance fintech, Traydstream, today signalled a full scaling up of its commercial activities, having concluded a US$3.5 million pre Series-A round of financing, co-led by a group of ultra high net-worth individuals (UHNI) and Gauss Ventures.

/Trade finance

Hang Seng completes pilot trade transaction on new blockchain platorm

Hang Seng Bank has completed a pilot trade transaction for two corporate customers through eTradeConnect, a trade finance blockchain platform in Hong Kong.

/Trade finance

Billpay founder launches digital trade finance platform Modifi

European fintech Modifi is looking to encourage international development through trade finance with the launch of its innovative new product this month.

/Trade finance

HSBC and ING carry out blockchain trade finance transaction

HSBC India and ING Bank Brussels have successfully executed a blockchain enabled, live trade finance transaction jointly with Reliance Industries and Tricon Energy.

/Trade finance

CGI partners with Scotiabank on intelligent process automation proof of concept for trade finance

CGI (TSX: GIB.A) (NYSE: GIB) announced it partnered with Scotiabank and Conpend on a proof of concept using robotic automation to capture, identify and classify documents as part of the CGI Trade360 transaction flow.

/Trade finance

iGTB forges trade finance partnership with Bolero

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, the leading B2B fintech with 21% CAGR over three years, has entered into a collaboration agreement with Bolero International, the world’s premier trade digitisation experts, with goals to make trade safer, smarter and faster.

/Trade finance

Danske Bank joins trade finance network Marco Polo

Danske Bank has joined the Marco Polo Network, the largest network of commercial banks in the trade finance market.

/Trade finance

Infosys to embed R3's Corda into Finacle platform

Infosys Finacle, part of EdgeVerve Systems Limited, a fully owned product subsidiary of Infosys (NYSE: INFY), and R3, one of the fastest growing enterprise blockchain software companies in the world, today announced their partnership to collaborate on blockchain solutions.

/Trade finance

Danske Bank joins Marco Polo Network

Danske Bank has today announced that it has joined the Marco Polo Network, the fastest growing trade and working capital finance network in the world.

/Sibos

Swire shipping deploys Bolero electronic bills of lading to speed cargo shipment

Swire Shipping, the leading provider of managed liner services, has achieved a significant first by accelerating a shipment of containerised grain from Australia to New Zealand using electronic bills of lading from Bolero International, the trade finance digitisation expert.

/Trade finance

Anglo-Gulf Trade Bank joins trade finance network Marco Polo

Anglo-Gulf Trade Bank has today announced that it has joined the Marco Polo Network, the largest network of commercial banks in the trade finance market leveraging blockchain technology to dramatically reduce costs, risks and improve efficiencies in financing trade.

/Trade finance

ICC Banking Commission signs partnership with Global Credit Data to boost scope of Trade Register

The International Chamber of Commerce (ICC) Banking Commission has announced a longterm agreement with Global Credit Data (GCD), an association owned by banks and home to the world's largest database of bank defaults, to strengthen analysis within the marketleading ICC Trade Register.

/Trade finance

Tradeteq credit-scoring to be added to Singapore’s one-stop Networked Trade Platform

Innovative trade finance network Tradeteq will become a value added service (VAS) provider to the Singapore government’s digitalised international trade platform, the Networked Trade Platform (NTP).

/Trade finance

Tradeteq names Aarti Patel head, European sales

Innovative trade finance market network Tradeteq today announces the appointment of Aarti Patel as Head of European Sales.

/Trade finance

Legal problems holding back blockchain-based trade finance: research

R3, Shearman & Sterling, and BAFT (Bankers Association for Finance and Trade), have released a technical paper, ‘Code Is Not Law: The Legal Background for Trade Finance Using Blockchain’, which examines the paths to securing legal recognition for “electronic negotiable instruments.”

/Trade finance

Blockchain could unlock $1 trillion in trade, mostly for SMEs and emerging economies - WEF

Distributed ledger technologies (DLT) – of which blockchain is the best known form – could play a major role in reducing the worldwide trade finance gap, enabling trade that otherwise could not take place, finds a new study by the World Economic Forum and Bain & Company.

/Trade finance

André Casterman joins Board of trade finance market network Tradeteq

Innovative trade finance market network Tradeteq has appointed former SWIFT Managing Director André Casterman as a non-executive director.