Trade finance

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Tradeteq hires Lenna Russ as chief revenue officer

Tradeteq, the technology provider for bank asset distribution, has announced the appointment of Lenna Russ as the company’s Chief Revenue Officer.

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Mashreq to implement Oracle's Transaction Banking platform

Mashreq Bank, one of the United Arab Emirates’ leading financial institutions, is modernizing its award-winning transaction banking capabilities in the Middle East and Africa with Oracle.

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Bank of Africa selects Conpend Trade AI app via Finastra

Finastra has announced BANK OF AFRICA, a pan-African financial group, has selected Conpend’s TRADE AI app from its open innovation platform, FusionFabric.cloud.

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DBS Bank and Contour broaden digital trade offerings to four new markets in Asia-Pacific

To further push the digitalisation of trade finance in major trade hubs in the region, DBS Bank has expanded its offerings on Contour’s rapidly growing trade finance network to corporate customers in four key markets in the Asia-Pacific region (APAC).

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TradeFlow integrates with Bolero's eBL

The leading FinTech-powered commodities trade enabler TradeFlow Capital Management (TradeFlow) have incorporated the eBL solution from Bolero’s newest technology platform, Galileo, into its suite of digital trade solutions, future-proofing their digital trade services.

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Bolero forms partnership with Virtusa

Bolero International, a leader in cloud-based trade finance digitization, announced its worldwide partnership with Virtusa Corporation, a global provider of digital strategy and IT services and solutions, for Bolero’s new white-labelled trade finance portal-as-a-service solution Galileo TPaaS for Banks.

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FBNUK signs multi-year deal with Traydstream

Traydstream is pleased to announce that FBNUK has agreed a multi-year full production mandate of its platform for use by their document checking teams.

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Triterras makes hires

Triterras Inc. (Nasdaq: TRIT, TRITW) (“Triterras” or the “Company”), a leading fintech company for trade and trade finance, today announced the addition of three senior-level professionals to its fast-growing team.

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International Islamic Trade Finance Corporation conducts first transaction on Bolero

A Cash Against Documents transaction orchestrated by Saudi-based ITFC was successfully completed between SOFITEX and Louis Dreyfus Company (LDC), using an electronic bill of lading issued by the CMA CGM Group, a world leader in shipping and logistics, through Bolero’s digital trade finance platform for the first time.

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Singapore's #dtledgers raises $7 million; pivots to R3 Corda

Singapore-based fintech firm, #dltledgers, has completed a Series A funding round led by Regus and Savoy Capital, Vittal, Walden International and various veteran industry leaders. The Series A funding round closed with a total of USD $7 million.

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Finastra integrates Enigio with Fusion Trade Innovation

Finastra today announced the integration of its Fusion Trade Innovation and Enigio’s trace:original to create a solution for managing and handling digital original documents using distributed ledger technology.

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Banco Internacional in Ecuador deploys Surecomp's cloud-based Trade Finance as-a-Service

Surecomp, the leading provider of global trade finance and treasury solutions for banks and corporates, today announced that Banco Internacional has chosen to enhance its end-to-end trade finance process by deploying Surecomp’s (TFaaS).

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Contour partners with ThoughtWorks to ramp up digital trade finance in China

Contour, the global trade finance network, has partnered with international software consultancy ThoughtWorks in China.

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Bolero International launches white-labelled trade finance portal-as-a-service

Bolero International, the leading cloud-based trade finance digitisation experts, announce today the launch of Galileo TPaaS for Banks, the industry’s first white-labelled trade portal-as-a-service solution for financial institutions.

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ICC and Finastra team up to tackle the trade finance gap

The International Chamber of Commerce (ICC) and Finastra have committed to a strategic initiative to tackle the growing trade finance gap.

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Surecomp adds document forgery detection partner Gradiant to Marketplace

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced the addition of document forgery detection solution Valida by Gradiant to its Marketplace platform.

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DZ Bank picks Surecomp for trade finance digitisation

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that DZ BANK, as part of its journey towards digitized trade finance operations, chose DOKA-NG to be its next generation digital trade finance platform.

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Modifi acquires PrimaDollar's export trade finance business

PrimaDollar has made the strategic decision to focus on its category-leading supply chain trade finance platform.

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Mauritius Commercial Bank to install Windward financial crime package

Today, Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and The Mauritius Commercial Bank Ltd. (MCB), the longest-standing and leading banking institution in Mauritius, announced a long-term, multi-year partnership to enhance MCB’s due diligence and monitoring processes linked to its commodity trade finance business.

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Anglo-Gulf Trade Bank selects Fenergo for client lifecycle management

The world’s first digital trade finance bank, Anglo-Gulf Trade Bank (AGTB) Limited (“AGTB”), based in the United Arab Emirates (UAE), has chosen Fenergo, the leading provider of digital Client Lifecycle Management solutions (CLM) to deploy its CLM platform.

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