Latest Trade finance News: Finextra Research

Company update/security

MonetaGo partners with Lloyd’s List Intelligence to authenticate trade finance documents

Financial technology solutions provider MonetaGo has selected Lloyd’s List Intelligence as a data partner to strengthen its real-time interruption of fraudulent trade financing attempts through the authentication of key trade documents.

15 May 2023

Company update/wholesale

Ebury strikes partnership with Financial Intermediary & Broker Association

Global financial services firm Ebury is delighted to announce its new partnership with FIBA – the Financial Intermediary & Broker Association.

10 May 2023

Company update/payments

Cashfree Payments and YES BANK to offer international payment collection service to Indian exporters

Cashfree Payments and YES BANK have come together to offer ‘Global Collections’, an international collection service for exporters, who are account holders of YES BANK.

03 May 2023

News/startups

Austrade and SFA launch fintech collaboration initiative

The Singapore Fintech Association (SFA) and Australian Trade and Investment Commission (Austrade) have launched a joint programme to foster fintech innovation in both APAC countries.

28 April 2023

Company update/payments

Accelerated Payments releases new trade finance product

Accelerated Payments, the international leader in end-to-end working capital solutions, today announced the launch of its revolutionary trade finance product, AP Trade Finance (APTF).

27 April 2023

Company update/wholesale

Bian welcomes 24 new members

BIAN, the independent not-for-profit, is today announcing the 24 new members that joined the organization over the last year, bringing the total number of members to 84.

20 April 2023

News/wholesale

HSBC trials confidential computing to boost global trade finance

HSBC and not-for-profit blockchain tech consortium Global Shipping Business Network (GSBN) have carried out a proof-of-concept using "confidential computing" for trade finance.

20 April 2023

Company update/people

Surecomp hires Finastra's Tal Weiser as chief revenue officer

Surecomp today announced the appointment of Tal Weiser as Chief Revenue Officer to accelerate digital trade finance adoption and support the company’s growth objectives.

13 April 2023

Company update/wholesale

Capital Bank goes live with Finastra

Finastra, a global provider of financial software applications and marketplaces, today announced that Capital Bank, a leading financial institution with commercial and investment banking expertise, has gone live with Finastra’s Corporate Channels and will soon follow with Trade Innovation as well as other Corporate Channels modules.

13 April 2023

News/payments

Lloyds Bank strikes deal with Enigio to digitise trade finance documentation

Lloyds Bank is to bring blockchain to bear on trade finance documentation, using technology from Swedish firm Enigio to dematerealise promissory notes, bills of exchange and bills of lading.

04 April 2023

Company update/wholesale

Surecomp connects with Contour

Surecomp today announced that it is partnering with Contour, one of the global digital trade finance networks, as part of a collaborative vision to drive the digital transformation of trade finance across financial institutions.

16 March 2023

Company update/wholesale

Contour strikes collaboration agreement with TradeGo

Contour, the global digital trade finance network has today announced its strategic partnership with TradeGo, a blockchain-based commodity trading service platform that enables the secure and transparent transfer of electronic Bills of Lading (eBL).

28 February 2023

Company update/wholesale

Trade finance platform Marco secures $200 million credit facility

Marco — the first tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States— announced today it has received a $200 million credit facility from leading middle market lender MidCap Financial and global asset-based private credit specialist, Castlelake.

27 February 2023

Company update/wholesale

Finastra and Integro team to manage risks in trade finance

Finastra, a global provider of financial services software applications and marketplaces, today announced a partnership with Integro Technologies a subsidiary of Aurionpro, the pioneer provider of high-end lending platforms, to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution.

21 February 2023

Company update/startups

Trade financing platform 40Seas raises $111 million in debt and equity

40Seas, an innovative fintech platform for cross-border trade financing, has raised $111 million to deliver a much more efficient and cost-effective financing framework for SMEs involved in global commerce.

10 January 2023

Company update/wholesale

Broadridge and LiquidX launch turnkey back office for trade finance

LiquidX, the leading global fintech platform for digitization, monetization, and risk mitigation for trade finance, announces its new business process outsourcing (BPO) service, InBlock TradeOps, in partnership with Broadridge Financial Solutions(NYSE: BR).

10 January 2023

Company update/wholesale

Icici Bank unveils digital platform for exporters

ICICI Bank today announced the launch of digital solutions for exporters, a comprehensive set of banking and value-added services on a single platform.

04 January 2023

Company update/sustainable

TradeSun acquires UK ESG company Coriolis Technologies

TradeSun, a leading provider of artificial intelligence solutions for trade compliance and automation, has acquired data company Coriolis Technologies, to expedite ESG-compliant trade.

12 December 2022