Trade finance

416 articles tagged with this keyword

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Surecomp introduces duplicate financing fraud prevention as industry utility

Surecomp today announced it is providing a new solution based on advanced cryptographic technology allowing financial institutions to mitigate the risk of duplicate financing fraud.

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Bolero and TradeLens join forces to accelerate electronic bill of lading adoption

Bolero International, the leading provider of cloud-based trade finance digitisation solutions, announced today a collaboration with TradeLens, the blockchain-based global trade platform for containerized goods, with the goal of delivering a seamless digital experience for customers using electronic bills of lading in trade finance transactions.

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Societe Generale rolls out Surecomp Imex to Asian operations

Surecomp, a market leader in global trade finance solutions for banks and corporations, today announced that Societe Generale has gone live with the latest version of its IMEX solution for back-office trade finance processing automation across four countries in Asia.

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Linklogis joins the Trade Information Network

Linklogis, a leading supply chain finance technology solutions provider, has commenced an ongoing collaboration with Trade Information Network (‘Network’) by joining as a financier on the Network.

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Surecomp adds legal entity identification capability

Surecomp today announced that it is partnering with the Global Legal Entity Identifier Foundation (GLEIF) - the Swiss-based organization which supports the implementation of the Legal Entity Identifier (LEI) and the availability of the Global LEI Index - to facilitate Know your Customer (KYC) compliance and provide customers with immediate certainty and authentication that the credentials of their trade counterparts are verified and trustworthy.

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Surecomp embeds Swedish digital documents firm Enigio

Surecomp today announced that it is partnering with Enigio - the Stockholm-based provider of digital original documents.

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UBS signed as first customer Bolero's Galileo TPaaS

Bolero International, the leading cloud-based trade finance digitization experts, announce the signing of UBS as its first major customer for Galileo TPaaS, its new white-labelled trade finance portal-as-a-service solution for banks.

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Banco Pichincha chooses Surecomp for trade finance tech build

Surecomp has today announced that Banco Pichincha - Ecuador’s leading financial institution with $4.5 billion in assets - has chosen its next generation trade finance processing technology for front to back-office operations.

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MonetaGo appoints Oswald Kuyler to lead expansion into Europe

Financial technology solutions provider MonetaGo today announced the launch of operations in Europe, effective March 1, 2022, and the appointment of Oswald Kuyler to the newly created role of head of strategy, Europe.

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Rabobank goes live with Surecomp’s digital trade finance package

Surecomp today announced that Rabobank, the second largest Dutch bank, is fully operational with its integrated back and front-office digital trade finance solutions DOKA-NG and allNETT.

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Olea, Refinitiv and Seabridge TFX join forces to tackle trade finance gap

Olea, Refinitiv and Seabridge TFX have entered into a Memorandum of Understanding (MOU) to transform trade finance by offering a range of short-term trade finance solutions for suppliers dealing with large buyers.

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Standard Chartered's Elaine Ng joins Contour as head of innovation

Contour, the digital trade finance network, has appointed Elaine Ng to the newly created role of Head of Innovation.

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MonetaGo commences operations in Japan

MonetaGo is pleased to announce the launch of operations in Japan beginning effective immediately.

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Bian updates Service Landscape

BIAN, the independent not-for-profit association, is today announcing the availability of Service Landscape 10.0 (SL 10.0).

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DBS Bank India introduces digital and paperless trade financing service

In the current environment, there is a need to drive digitised trade for Corporate customers to reduce processing turnaround time and drive businesses efficiently.

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Japan’s TIS Intec Group invests in digital trade finance network Contour

TIS INTEC Group, one of Japan’s leading IT services providers, has invested in Contour, the digital trade finance network.

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Icici Bank introduces online platform for Indian exporters and importers

ICICI Bank today announced the launch of an online platform, ‘Trade Emerge’), to offer comprehensive digital banking as well as value-added services to exporters and importers across India.

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MAS signals breakthrough in cross-border trade finance

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), in collaboration with commercial partners DBS Bank, Emirates NBD and Standard Chartered, have successfully concluded the world’s first cross-border digital trade financing pilot of its kind.

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Commerzbank implements Tradeteq Connect

Tradeteq, the leading technology provider for bank asset distribution, together with Commerzbank AG (Commerzbank), AKA Ausfuhrkredit-Gesellschaft mbH (AKA), and Texel Finance Limited (the Texel Group) have announced that following a successful proof of concept phase, Tradeteq Connect, an expansion of the firm’s existing platform to support distributing bank risk resulting from trade products such as letters of credit (LCs) and guarantees, has been implemented by Commerzbank AG, AKA, and the Texel Group and shall become the new technology standard for trade asset distribution.

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Drip Capital raises $175m

Drip Capital, Inc. (Drip Capital), a leading digital cross-border trade finance platform for small and medium businesses (SMBs), announces that it has raised $175 million in fresh capital to power its next phase of growth.