Trade finance

446 articles tagged with this keyword

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Bian ships latest iteration of its 'coreless banking' platfrom

BIAN, the independent not-for-profit standards association, is today launching the fourth iteration of its Coreless Banking Initiative following Money20/20 USA.

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More banks join Surecomp's trade finance ecosystem

Surecomp today announced that a host of leading trade finance banks have recently joined its RIVO ecosystem.

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BNY and Mizuho forge trade finance pact

The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and Mizuho Bank, Ltd. (“Mizuho Bank”), the banking arm of Mizuho Financial Group, Inc. (NYSE: MFG) and one of the largest full-service financial institutions in the world, jointly announced a landmark agreement for correspondent bank network connectivity for international trade.

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WaveBL demonstrates blockchain-based trade finance with Swift and five global banks

WaveBL, the leading blockchain-based electronic Bill of Lading (eBL) platform, has completed a groundbreaking Proof of Value (POV) with Swift and the participation of five global banks: Lloyds, Emirates NBD Bank, Federal Bank Limited, and other banks, as well as MSC Mediterranean Shipping Company (MSC), a leading ocean carrier acting as an eBL issuer on WaveBL.

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Standard Chartered debuts digital request for quote module for letters of credit

Standard Chartered has announced the introduction of Autoquote, a new digital request for quote (RFQ) module available on its Straight2Bank Next Gen, the bank’s digital banking platform.

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Round Treasury secures $2.1m in funding

Round Treasury, the all-in-one banking and treasury platform specifically designed to make life easier for founders and CFOs, today announces the closing of its $2.1 million pre-seed funding round.

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Sonali Bangladesh UK chooses Finastra for digital banking services

Finastra is pleased to announce that Sonali Bangladesh UK (SBUK), a UK-based financial institution providing trade finance services to Bangladesh, has chosen its solution to transform the institution’s banking operations.

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Lopay and YouLend partner to close SME funding gap

Lopay, a London-based payment processing app that focuses on faster payouts and lower processing fees, has announced a strategic partnership with YouLend, the leading global embedded financing platform, to make flexible and affordable business financing available for Lopay’s 40,000+ customers.

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AccessPay launches treasury consultancy service

AccessPay, the leading bank integration provider, today announced the launch of its consulting arm to help organisations transform their payments, collections and treasury functions.

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Ebury boost UK sales team

Ebury, the global financial technology firm, is delighted to announce the appointment of a new UK Head of Sales, Maxim Syn, and UK Head of Dealing, Samuel Edwards.

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Abu Dhabi fintech FlapKap secures $34M in debt and equity funding

Abu Dhabi-based FlapKap, a leading fintech platform providing revenue-based and embedded financing solutions in the MENA region, today announced the completion of $34M in new debt and equity funding.

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EP Resources selects Surecomp to automate documentary trade credit

Surecomp today announced that EP Resources, a global leader in energy and commodities trading, has selected its RIVO solution to automate and enhance its documentary trade finance process.

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Newgen launches trade finance platform in the Middle East

Newgen Software Technologies Ltd., a global provider of low-code digital transformation solutions, has launched its trade finance platform in the Middle East.

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GSBN to trial Bill of Lading tokenisation in Hong Kong

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of partners, has officially joined the Hong Kong Monetary Authority’s (HKMA) Project Ensemble to test its electronic Bill of Lading (eBL) tokenisation use case with Ant Digital Technologies and conduct interbank atomic settlement of tokenised deposits between the Hongkong Shanghai Banking Corporation (HSBC) and Hang Seng Bank (Hang Seng).

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Vayana TradeXchange and Air8 target cross-border trade finance for India exporters

Vayana TradeXchange (VTX), the leading International Trade Finance Service (ITFS) platform, announced a partnership with Air8, an insight-driven global supply chain financier, to transform cross-border trade finance between India and the rest of the world.

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ABN Amro Bank goes live with CBA’s Ibas transaction due diligence software for trade finance

Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that ABN AMRO Bank has gone live using the comprehensive Transaction Due Diligence (TDD) functionality now available within CBA’s IBAS GBF - Global Banking Factory.

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Mansa launches trade finance and cross-border payments for emerging markets

Mansa, the pioneering decentralised finance (DeFi) fintech providing liquidity to multinational exports and cross-border payments for companies in emerging markets, today announced the launch of its first pool on Base.

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Surecomp and Visa collaborate on cross-border trade finance payments

Surecomp today announced a new collaboration with Visa, a world leader in digital payments.

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Bladex to implement CGI trade technology platform

CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, and Bladex (NYSE: BLX), Banco Latinoamericano de Comercio Exterior, announced an agreement for the implementation of the CGI Trade360® trade technology platform.

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BofA adds transaction search engine to CashPro

When it comes to finding, analyzing and acting on their company’s financial information, corporate finance departments, treasurers and CFOs expect the same ease and convenience they enjoy while managing their personal finances.