Trade finance

682 articles tagged with this keyword

/Trade finance

IoT and blockchain to the fore in CIMB trade finance transaction

The Singapore branch of CIMB Bank Berhad has completed a trade financing transaction for the import of dairy products into China using IoT cargo sensors and a distributed ledger platform from blockchain firm iTrust.

/wholesale

Banks join forces on digital platform to help firms trade globally

A group of 14 banks - including Santander, RBC and MUFG - has launched a digital platform designed to tackle international trade barriers.

/Trade finance

HSBC launches trade finance API

HSBC has launched a trade finance API that lets partner financial institutions and their clients see the status of their bank guarantees in real time from their own platforms.

/Trade finance

Lloyds Bank partners with blockchain trade finance platform

Lloyds Bank Commercial Banking is to become the first UK bank to partner with komgo to enable quicker international commodity trade finance using distributed ledger technology (DLT).

/Trade finance

Daimler and Dürr execute transaction via Marco Polo Network

The international trade finance network Marco Polo has demonstrated its capability for practical use with another pilot transaction between two top industrial corporates.

/payments

Anglo-Gulf Trade Bank chooses TAS Group to manage corporate payments

TAS S.p.A. ("TAS") has announced that its agreement with Anglo-Gulf Trade Bank (“AGTB”), a digital corporate trade bank for international clients based in Abu Dhabi, is now operational. The contract is being managed through its subsidiary TAS Helvetia S.A.

/Sibos

CTBC Bank and Evergreen Line adopt Bolero for trade digitisation

CTBC Bank, the leading Taiwanese financial institution, and Evergreen Line, the leading brand in global container shipping headquartered in Taiwan, have entered into a landmark partnership with Bolero International, the trade finance digitisation expert, providing export clients with the multiple benefits and dramatically reduced transaction times of electronic bills of lading (eBLs) executed on the advanced Bolero electronic trade digitisation platform.

/payments

Emirates NBD launches supply chain and trade finance portal, smartTRADE

Emirates NBD, one of the leading banks in the region, has launched smartTRADE, a new portal catering to supply chain and trade finance customers, as part of the bank’s smartBUSINESS channel.

/Sibos

BNY Mellon expands trade finance services with KeyBank

BNY Mellon today announced a significant expansion of its existing trade finance processing services relationship with KeyBank by implementing an enhanced and updated model that will offer a more robust client experience for KeyBank’s trade finance clients, while aiming to increase the efficiency of service delivery.

/Trade finance

Surecomp appoints Eyal Hareuveny as new CEO

Surecomp, the global trade finance fintech leader, made several top-level management organisational announcements today.

/wholesale

Surecomp appoints Eyal Hareuveny CEO

Surecomp, the global trade finance fintech leader, made several top-level management organizational announcements today.

/Trade finance

Sibos 2019: Should banks trust in the UK despite Brexit uncertainty?

Welcoming business leaders and industry experts to the Excel Centre in London for Sibos 2019, Swift innovation manager Innes Macleod takes to the stage to divulge Innotribe’s mission and reflect on the technological and societal changes that are challenging the financial services sector, with input from renowned experimental physicist and celebrity figure Professor Brian Cox.

/security

Tradeshift implements Qedit privacy platform

QEDIT, a Privacy-Enhancing Technology provider based on zero-knowledge proof cryptography, has announced a partnership with Tradeshift, the leader in supply chain payments and marketplaces.

/Trade finance

Incumbents vs neobanks: Leverage new technology or risk crumbling

Financial institutions are focusing heavily on digital transformation driving innovation, better customer experience and cost reduction as they shift gears from simply meeting regulatory and compliance needs to remain relevant in a digital world.

/Trade finance

Bank of America joins Marco Polo network

Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.

/ai

Deutsche Bank: Prioritising climate change results in share outperformance

Deutsche Bank debunks the myth that profits fall when addressing climate change in its first report for a new research product suite for corporate clients, highlighting that companies that experience positive sustainability press saw share outperformance of 26%.

/Trade finance

European trade finance at dawn of digitisation

Companies and banks in the Nordics and the Netherlands could be leading the way toward a new and increasingly digital future for the European trade finance industry.

/Trade finance

Bolero partners with Traydstream on document validation checks

Bolero International is partnering with Traydstream, the leader in Trade document scrutiny using artificial intelligence (AI), to provide a powerful automatic document checking service for both its corporate and bank customers saving them time and resources as well as mitigating trade finance risks.

/Trade finance

Tradeteq’s credit scoring system goes live on Singapore’s National Trade Platform

Tradeteq, the technology provider for the global trade finance market, has launched its advanced, machine-learning driven credit scoring system for institutions using Singapore’s Networked Trade Platform (NTP).

/regulation

Abu Dhabi Global Market awards digital banking licence to Anglo-Gulf Trade Bank

Anglo-Gulf Trade Bank (AGTB), a global pioneer in digital transaction banking, has received a full digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).