Trade finance

446 articles tagged with this keyword

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Capital on Tap secures credit facility

Global FinTech Capital on Tap has secured a £100 million corporate revolving credit facility with Atalaya Capital Management to provide small businesses in the UK and US with a central hub to manage all aspects of their business finances.

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Citi makes Apac treasury and trade appointment

We are pleased to announce that Kanika Thakur has been appointed Head of Corporate, Commercial and Public Sector Sales for Treasury and Trade Solutions in Asia Pacific.

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Brinc buys shares in Asian digital asset exchange

Brinc, a leading global venture accelerator founded on a sustainability mandate, announces its partnership with Fusang Corp, owner and operator of Asia’s first fully licensed and regulated digital exchange for security tokens and assets, to make startup investment more inclusive by leveraging blockchain technology and unlocking the use of a regulated digital asset exchange, wholly owned by Fusang Corp, namely Fusang Digital Asset Exchange.

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DBS launches AI-based financing tool for SMEs

Just as the Covid-19 pandemic looked like it was under control, SMEs in Singapore are now grappling with an inflationary environment, an impending GST hike, supply chain challenges, and rising interest rates.

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UBCI selects Profile Software’s treasury management package

Profile Software, a leading financial solutions provider, has announced today that UBCI (Union Bancaire pour le Commerce et I’Industrie) has selected Acumen.plus, the internationally implemented Treasury Management solution, to effectively cover the entire spectrum of treasury and streamline their operations in the most efficient way.

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Standard Chartered launches digital portal for near real-time trade transaction status

Standard Chartered announced the launch of Trade Track-It, a one-stop digital trade transaction portal that offers its clients end-to-end visibility of their trade transaction status globally.

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Finastra connects with Contour for digital trade finance

Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their data through either platform, providing banks with increased efficiency and faster turnaround times when processing Letter of Credit transactions. Ultimately, it opens the door for increased access to trade finance and stronger returns for banks.

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HSBC launches trade finance platform in UK and Hong Kong

HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets - the UK and Hong Kong. While making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will power commerce that is rapidly evolving across different platforms and ecosystems.

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Newgen ships low code trade finance platform for banks

Newgen Software, a leading global provider of digital transformation products, launched the world’s first low code Trade Finance platform at the recent customer meet in Mumbai, India.

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Standard Chartered tests solution to mitigate duplicate trade finance fraud risk

Standard Chartered has successfully completed an industry-first pilot testing of the Trade Financing Validation Service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on a global scale.

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Vietnam's BIDV selects Surecomp trade finance suite

Surecomp today announced that the Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, has gone live with its DOKA™ and allNETT™ solutions to fully digitize trade finance processing.

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UOB and Doxa team up to digitise trade financing and procurement

UOB and Doxa are collaborating to enable companies to move their procurement and trade financing processes online. They signed a Memorandum of Understanding (MOU) today with their client Kimly Construction Private Limited (Kimly Construction), for the execution of the trio’s first green trade finance transaction together.

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Sonovate taps Demica for trade reporting

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced a new partnership with Demica, the market-leading trade finance fintech, to enhance its reporting processes so it can continue to support thousands of business customers globally.

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Deutsche Bank taps Traydstream to automate document checking for trade finance products

Deutsche Bank and Traydstream have been working together since July 2021 with a detailed pilot of the Traydstream automated trade document checking platform.

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TradeSun and Coriolis Technologies partner for ESG scoring of trade transactions

TradeSun, a technology company leveraging artificial intelligence for trade compliance and automation, and Coriolis Technologies, a leading trade data and analytics provider, have partnered to launch an integrated solution for banks to measure and verify environmental, social and governance (ESG) performance across trade transactions.

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Sumsub offers traders a KYC guide

Sumsub, a tech company that helps businesses stay compliant and fight digital fraud, has recently published its: “KYC guide for trading industry: balancing compliance and pass rates”.

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Tradeteq opens marketplace for secondary trading of trade finance assets

Tradeteq, the technology provider for illiquid credit distribution, has launched Tradeteq Access Lite, the first ever marketplace for buy-side investors to participate in the secondary trading of trade finance assets.

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Tradeweb unveils Spotlight Dealer Diversity Programme

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the launch of its Spotlight Dealer Diversity Programme (‘Spotlight Programme’), designed to promote diverse dealers on the Tradeweb platform. Tradeweb made the announcement today at the 2022 Fixed Income Leaders Summit in Nashville, TN.

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Surecomp signs DZ Bank to collaborative trade finance platform

Surecomp today announced that two financial institutions have subscribed to its newly launched RIVO™ platform for collaborative trade finance. DZ Bank is the first bank to sign-up, alongside the leading provider of guarantee insurance in the Nordics.

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Ceviant goes live in Nigeria

Ceviant, the UK-based fintech platform offering transformative cash management solutions for emerging market businesses, today announces it has launched in its first emerging market, Nigeria, as it goes live with its website