Trade finance

224 articles tagged with this keyword

/Trade finance

NTT Data plans pan-Asian federated trade information platform based on blockchain

NTT Data has completed proof of concept phases including 14 Japanese logistics and financial companies, and interoperability with Singaporean and Thai national trade and customs platforms, as part of its plans to create an international trade data sharing platform.

/Trade finance

Commerzbank applies machine learning to trade finance compliance

Commerzbank is to apply machine learning technology from Amsterdam-based Conpend to automate pre-compliance checks for traditionally paper-based trade finance transactions.

/Sibos

Top banks come together to build Trade Information Network

Seven top-tier banks have joined forces to create a single platform for trade and supply chain finance, helping corporates to communicate seamlessly across multiple banking partners.

/Trade finance

Standard Chartered partners Huawei on IoT lending projects

Standard Chartered is working with Chinese networking conglomerate Huawei on the development of IoT sensors that would automatically trigger payments to corporates by providing real-time data on the movement of goods.

/Trade finance

Bank-backed blockchain consortia we.trade and Batavia join forces

The we.trade blockchain for trade finance initiative established by a coalition of nine banks is joining forces with three former Batavia consortium banks, extending the platform's reach to 13 European countries.

/Trade finance

Banks bid to transform commodities trade finance with new blockchain platform

Some of the world's biggest banks, including Citi, MUFG and Societe Generale, have joined forces on a venture bidding to digitalise the trade and commodities finance sector through a blockchain-based open platform.

/Trade finance

Paytm rolls out AI cloud for India's developers

India-based digital payments firm Paytm has announced the launch of AI Cloud India, a platform designed to help developers, startups and small businesses create their own payment-related apps and services.

/Trade finance

IBM and Maersk sign up users for blockchain-based global trade platform

IBM and transport and logistics outfit AP Moller-Maersk have signed up 94 organisations to their blockchain-based cross-border supply chain programme to manage and track the paper trail of tens of millions of shipping containers across the world.

/Trade finance

CBA blockchain project aims to revolutionise the supply chain

Commonwealth Bank has demonstrated a new blockchain platform underpinned by distributed ledger technology, smart contracts and the internet of things (IoT) to re-configure the sharing of information across global supply chains.

/Trade finance

ING invests EUR21 million in TransferMate

Dutch bank ING has spent €21 million to buy a minority equity stake in cross-border B2B payments company TransferMate.

/Trade finance

Hong Kong plans September go-live for blockchain-based trade finance

A coalition of leading transaction banks in Hong Kong are plotting a September go-live date for a blockchain-based trade finance platform, supported by the territory's central bank.

/Trade finance

We.trade blockchain platform goes into live production

The we.trade blockchain for trade finance platform established by a coalition of nine banks is gaining momentum, conducting seven live trade transactions by ten companies via four partner banks.

/Trade finance

ING and BNP Paribas invest in blockchain-powered trade platform TradeIX

TradeIX, the startup behind a blockchain-based platform for open-account trade finance, has raised $16 million in a funding round led by ING Ventures and joined by BNP Paribas.

/Trade finance

Live: Temenos Community Forum (TCF), Dublin, day two

It's the second day of Temenos' annual conference on the banks of the River Liffey in Dublin. Stay tuned for more on the latest in banking transformation and digital disruption, not to mention the Innovation Jam final.

/Trade finance

HSBC claims blockchain breakthrough for trade finance

HSBC and ING bank have announced the successful execution of a trade finance transaction using R3's Corda blockchain platform.

/Trade finance

Swift Business Forum London - live blog

Welcome to Finextra's live coverage of the Swift Business Forum London 2018. This event will focus on important issues affecting the financial industry, exploring how far and how fast the transformation of financial services will take place in the UK and beyond.

/Trade finance

Top tier banks pass first transactions on trade finance blockchain

Batavia, a blokchain-based trade finance platform developed by a consortium of international banks and IBM, has passed its first live pilot transactions with corporate clients.

/Trade finance

Icici Bank onboards 250 corporates to blockchain platform

India's Icici Bank has onboarded more than 250 corporate customers to its custom-developed blockchain platform for domestic and international trade finance

/Trade finance

Swift Business Forum Canada - live blog

Welcome to Finextra's live coverage of the Swift Business Forum Canada 2018 in Toronto. This event will focus on important issues affecting the financial industry, exploring how far, and how fast, the transformation of financial services will take place in Canada and beyond.

/Trade finance

Credit Suisse and ING execute DLT-based securities lending and contract exchange

Credit Suisse and ING have executed a live collateral swap with full legal exchange of contracts and settlement taking place over R3's Corda blockchain platform.