Trade finance

670 articles tagged with this keyword

/regulation

BIS Innovation Hub and HKMA announce TechChallenge winners

The Bank for International Settlements Innovation Hub (BISIH) centre in Hong Kong SAR and the Hong Kong Monetary Authority (HKMA) today announced the winners of the TechChallenge - Digitising Trade Finance initiative.

/cloud

Wipro to acquire Finastra partner Encore Theme

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services.

/Trade finance

Bian updates Service Landscape

Today, BIAN, the independent not-for-profit association, announces Service Landscape 9.0 (SL 9.0), to help its members modernize internal architecture and future proof their businesses for the customer of tomorrow.

/Trade finance

Bolero to provide electronic bill of lading as-a-service to R3 Corda based trade platforms

Leading trade digitisation technology provider Bolero International has announced significant new partnerships with CommChain and Envoy to embed electronic bill of lading into their blockchain based digital trade platforms built on R3’s Corda.

/Trade finance

Contour collaborates with Mphasis to speed adoption of blockchain network

Contour, the global decentralised platform building the new standard for global trade, today announced a partnership with Mphasis, an Information Technology (IT) solutions provider specialising in cloud and cognitive services, to accelerate the scaled adoption and extend the reach of the Contour network by banks, enterprises and partners worldwide.

/Trade finance

R3 acquires e-title’s electronic Bill of Lading platform

R3 announced today an agreement with E-Title Authority, a Singapore-based software developer, to acquire its legal and technological framework for digitalization of Bill of Lading, the central title document underpinning trade operations globally.

/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.

/payments

Icici lets firms access trade finance services via WhatsApp

Customers of India's Icici Bank can now create fixed deposits, pay utility bills and access trade finance services through WhatsApp,

/Trade finance

Global container carriers CMA CGM and MSC join TradeLens

Major global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they are now integrated onto TradeLens, helping ensure a more fully integrated, timely and consistent view of logistics data for their containerized freight around the world.

/Trade finance

Envoy Group joins R3’s Venture Development programme

Envoy Group has joins R3’s Venture Development programme, the start-up growth and business development program of the enterprise software firm, R3, to support Envoy as it approaches the pilot phase of its trade finance platform.

/payments

Standard Chartered and DBS to set up blockchain-based Trade Finance Registry

Standard Chartered and DBS, with the support of 12 other banks, have kicked off a project that will use a blockchain network to register trade finance transactions.

/people

Traydstream names Adam Kasraoui as global sales and origination lead

Traydstream is pleased to announce the addition of Adam Kasraoui as a Global Sales & Origination Lead, which further expands its sales coverage of Middle Eastern banking clients as well as a new focus on the value that Traydstream brings to corporate clients.

/covid-19

Sibos 2020: World should have been prepared for the pandemic - Jamie Dimon

The world was not prepared for a global pandemic like Covid-19 but it should have been, according to Jamie Dimon, CEO of JPMorgan.

/Trade finance

SIA debuts digital trade finance platform

SIA, a leading European hi-tech company in the payment services and infrastructures sector, controlled by CDP Equity, launches a new platform that allows banks to fully digitize trade finance processes, making it easier and faster for corporates and SMEs operating in markets around the world to manage documentary credit dossiers.

/payments

2010 revisited: Looking beyond the traditional negotiated financial crisis

As Sibos 2020 approaches, we look back to some of the predictions and forecasts made in 2010 and pick through what other lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.

/cloud

What will drive capital markets firms to migrate to cloud in 2020 and beyond?

Legacy infrastructure cannot keep pace with the continuous automation, changing regulatory demands, dynamic market conditions and growing customer expectations in the financial services industry today, particularly in capital markets. Firms have started to realise the opportunities that come with cloud, redesigning operating models and implementing cost-saving measures to increase efficiency.

/wholesale

StanChar completes first transaction on Trusple platform

Standard Chartered announced the successful completion of the first cross border live transaction on Trusple, the newly launched digital international trade and financial service platform of AntChain (the blockchain-based technology solution of Ant Group).

/wholesale

DBS teams up with AntChain for trade finance platform

DBS Bank today announced that it is the first Asian bank partner on AntChain’s newly-launched blockchain trade platform, Trusple, which aims to democratise access to digital trade services to corporates of all sizes.

/startups

Marco Financial raises $26m

Marco Financial—the first tech-enabled financing platform built for small and medium-sized Latin American exporters—today announced it has secured $26M in funding and credit that will enable the company to address the $1.5T global trade finance gap that disproportionately impacts small-and medium-sized (SME) businesses.

/payments

Neo launches multi-currency bank account for SMEs

Neo, the treasury management, payments and FX fintech, is launching a new international multi-currency account service for small and medium-sized enterprises (SMEs).