Trade finance

704 articles tagged with this keyword

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Contour collaborates with TradeLens

Contour, the global digital trade financenetwork has today announced its collaboration with TradeLens, a blockchain-based supply chain platform that enables the secure and transparent transfer of electronic Bills of Lading (eBL).

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HSBC appoints new global trade and receivables finance head

HSBC has appointed Vivek Ramachandran as Head of Global Trade and Receivables Finance (GTRF), with immediate effect.

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GSBN develops proof-of-concept for two blockchain-based trade finance products

Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium building a blockchain-enabled operating system designed to redefine global trade, today announced that its Trade Finance Advisory Group has reached a new milestone, with its first proofs-of-concepts for trade finance products since its inception in September last year.

/payments

Tencent invests in UK fintech

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

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Harbor launches in India

Harbor, a U.S. based fintech company that is reinventing international trade finance, recently announced an expansion of its operations to India.

/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.

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Banque Misr in Egypt automates trade finance with Finastra

Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade Innovation and Fusion Corporate Channels to digitalize its trade finance services and provide a premium user experience.

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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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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.

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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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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.