Latest Trade finance News: Finextra Research

Standard Chartered-backed Zodia Market secures FCA registration

The Financial Conduct Authority (FCA) has approved crypto brokerage Zodia Market’s registration application on the UK Financial Services Register, allowing the Standard Chartered-backed business to officially launch.

28 July 2022

News/crypto

Russian firm claims digital token first

Atomyze, a Russia-based blockchain firm, has launched what it claims to be the country's first digital token to be backed by palladium.

18 July 2022

News/wholesale

Singapore banks pick MonetaGo to build trade finance registry

The Association of Banks in Singapore (ABS) has chosen MonetaGo to build a new network for registering trade finance transactions.

15 June 2022

News/wholesale

Bank-backed blockchain consortium we.trade files for insolvency

We.trade, one of the earliest blochcain coalitions for trade finance is entering insolvency after its banking shareholders pulled the plug.

08 June 2022

News/wholesale

US Bank and LiquidX bid to simplify supply-chain financing

US Bank has teamed up with trade-finance fintech LiquidX to help speed up and simplify supply-chain transactions between suppliers and buyers.

11 May 2022

News/payments

Tencent invests in UK fintech

Chinese ecommerce giant Tencent has led a funding round into London-based fintech Previse.

22 April 2022

News/startups

SocGen launches payment and transaction banking accelerator programme

Societe Generale has launched an accelerator programme for startups working in trade finance cash management, factoring and correspondent banking.

19 April 2022

News/wholesale

NextGen Nordics: Danske Bank announces Trade AI app

Ahead of our NextGen Nordics conference on the 27th of April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

25 March 2022

News/wholesale

Big Data, DLT, IoT and AI set to transform trade supply chains - Commerzbank

Commerzbank claims that international trade and supply chains have reached a technological inflection point, with emerging technologies in Big data, blockchain, Internet of Things and artifical intelligence set to overturn long-established practices.

03 February 2022

News/wholesale

Standard Chartered and Linklogis team on trade finance platform

Standard Chartered and Chinese blockchain-enabled supply chain financing platform Linklogis have formed a joint venture to build a trade finance origination and distribution platform.

30 August 2021

News/regulation

UK to restructure data policy and underpin innovation post-Brexit

Oliver Dowden, the UK Secretary of State for Digital, Culture, Media and Sport, has announced that new ‘data adequacy’ partnerships will be struck with the likes of the US, Australia, and the Republic of Korea.

27 August 2021

News/wholesale

BBVA taps into Ant's Trusple blockchain platform

BBVA has inked a deal to integrate cross-border payment and financing services in Ant Group's blockchain platform for global trade, Trusple.

11 August 2021

News/payments

Standard Chartered to offer escrow-as-a-service in tandem with Tazapay and Proxtera

Standard Chartered has signed a memorandum of understanding (MoU) with payments startup Tazapay to deliver digital escrow services to buyers and sellers looking to trade globally on Proxtera, a business-to-business marketplace network.

21 May 2021

News/sustainable

Sustainable Finance Live: How to value nature and better assess financial risk

On 11th May, Finextra hosted the first workshop of its two-day virtual event, Sustainable Finance Live. The interactive session brought together expert investors and asset managers to explore how to build a portfolio that effectively supports biodiversity, natural capital, and ecosystem services.

12 May 2021

News/payments

DBS completes first trade transaction on Ant Group's Trusple blockchain

DBS is the first Asian bank to successfully close a trade financing transaction on Ant Group's blockchain platform Trusple.

15 March 2021

News/sustainable

Swift and ICC bid to create industry standard for ESG due diligence

Swift's KYC Registry has become the first market utility to embed the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, making it easier for financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.

10 March 2021

News/wholesale

SEB trials secure data sharing tech for Letters of Credit

Nordic bank SEB has teamed up with Finnish industrial group Wärtsilä on a secure data sharing experiment involving the exchange of digital Letters of Credit.

18 February 2021

News/wealth

InvestCloud accelerates past $1bn valuation

InvestCloud has completed a recapitalisation that values the wealth platform at $1 billion. As part of the deal, two additional businesses are being rolled into InvestCloud, immediately pushing the valuation of the combined business up over $2 billion.

02 February 2021

News/sustainable

Sustainable Finance Live: Using real-time measurement of climate change to address risk

Finextra Research and Responsible Risk today hosted Sustainable Finance Live, the second virtual workshop in a series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.

08 December 2020

News/sustainable

Coutts MD: Sustainability is about ‘unpeeling’ investment decision making

Mohammad Kamal Syed, managing director and head of investment management at Coutts & Co, tells Finextra Research of the ‘root and branch uplift’ in the firm’s investment decision making to address ESG goals.

20 October 2020