Trade finance

682 articles tagged with this keyword

/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.

/wholesale

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.

/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.

/security

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.

/wholesale

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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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.

/crime

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.

/regulation

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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State Bank of India in the US deploys Surecomp to support trade finance growth

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that the State Bank of India (California) (SBIC), has selected and gone live with its back-office trade finance processing automation solution DOKA-NG.

/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.

/wholesale

Bolero to extend trade finance ecosystem to non-banking finance sector with Incomlend

Bolero International, the leading trade digitisation expert, announces a significant new joint project with global invoice marketplace Incomlend.

/Trade finance

Absa rolls out upgraded Surecomp software across ten African countries

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that South African bank Absa Group has gone live with the latest version of its back-office trade finance solution IMEX in 10 countries across the continent as part of their ongoing digitisation initiatives.

/Trade finance

Contour conducts Vietnamese transaction

Contour, the global trade finance network, has today announced a completed pilot transaction between Tainan Spinning and Century Synthetic Fiber Corporation.

/Trade finance

HSBC becomes first production member of Contour’s network

Contour, the global trade finance network has today announced that HSBC has become the first full production member of the network following Contour’s commercial launch in October this year.

/cloud

Tradeteq hops on Microsoft Azure

Tradeteq, the global hub for trade finance distribution, has today announced its collaboration with Microsoft.

/wholesale

Standard Bank goes live on Traydstream platform

Standard Bank South Africa has become the first bank in the country to go live on the Traydstream platform. The move to Traydstream, which was completed on November 5, will create efficiencies in Standard Bank’s trade process and will continue to set it apart in the trade environment.

/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.

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Sberbank goes live with SaaS vendor Avaloq

Sberbank (Switzerland) AG has successfully gone live with Avaloq’s Software as a Service (SaaS) solution.