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Hong Kong’s Global Shipping Business Network (GSBN) has announced the creation of a Trade Finance Advisory Group, joined by HSBC, DBS Bank and Bank of China (Hong Kong).
partnership, HSBC, trade finance, supply chain finance, blockchain
Commerzbank and Germany-based Landesbank Baden-Württemberg (LBBW) have reported their first fully digital transaction using Marco Polo's distributed ledger technology.
partner, transactions , ERP, distributed ledger technology
Global industrial product manufacturer, Börger, has recently completed their first blockchain-enabled trade finance pilot on Marco Polo, a distributed ledger technology (DLT) powered platform.
trade finance, blockchain, DLT, settlement, reconciliation
msg, a large IT consulting and system-integration company based in Germany, has formalised a strategic alliance with Marco Polo, a distributed trade finance network.
MSG, IT consulting, system-integration, Germany, Marco Polo, distributed trade finance network, R3, Corda, banking, payments , SAP, DLT
Bolero, Marco Polo Network, digital trade settlement, e-bill of lading, BL, e-documents, e-presentation, Trade Finance Network, Galileo, digital trade finance, banks, corporates, trade ecosystem, trade finance transactions
Tech Mahindra has become the first Indian corporate to leverage the Marco Polo Network and Platform for international trade finance.
Tech Mahindra, Marco Polo Network, trade finance, DBS Bank, trade bank, TradeIX
Crédit Agricole CIB has announced that it is entering a pilot phase on the Marco Polo Network, following an evaluation period in 2019.
Crédit Agricole CIB, Marco Polo Network, supply chain finance, APIs, ERP, B2B payments, Corda
Qatar’s Commercial Bank has participated in the Blockchain Open Account Trade Finance Trial on the Marco Polo platform, built on the R3 Corda Network.
Marco Polo, Commercial Bank, Qatar Commercial Bank, wholesale banking, trade finance, risk mitigation, Corda, R3, distributed ledger technology, blockchain
Accenture has announced a minority investment in TradeIX, the developer behind the Marco Polo blockchain trade finance platform.
Accenture, TradeIX, investment, trade finance, blockchain, Corda, R3, Marco Polo, Ireland, Europe, ING Ventures, consultancy, AIG, DHL Siemens.
The Marco Polo trade finance network has completed an open account trade finance trial with 70 organisations using its blockchain platform.
Marco Polo, trade finance, Trade Finance Network, ABN AMRO, TradeIX, Xero, R3, Corda, Oracle Netsuite, BMW, Citizens Bank, International Islamic Trade Finance Corporation, SBI, Steelforce, Sumitomo Corporation, The Bank of East Asia, HSBC, Saudi British Bank
US-based BNY Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.
BNY Mellon, Marco Polo, blockchain, trade finance, trade finance netwrok, TradeIX, Corda, R3, Bank of America, KeyBank, US, North America
National Australia Bank, blockchain, trade finance, Marco Polo
Russia-based Alfa-Bank and Germany-based Commerzbank have executed a cross-border payments pilot on the Marco Polo blockchain network.
Alfa-Bank, Commerzbank, Marco Polo, Marco Polo trade finance network, trade finance, blockchain, cross-border payments, Oracle Netsuite, R3, Corda blockchain, Russia, Germany, Europe
The Marco Polo trade finance network has announced it is now generally available on Microsoft Azure.
Marco Polo Network, Microsoft Azure, Trade Finance Network, trade finance, banking, credit facility, R3, Corda, blockchain technology, DLT, global trade
Bank of America has announced that it is joining the Marco Polo Network to tackle trade finance challenges.
Bank of America, Marco Polo Network, trade finance, digital banking, US, Asia Pacific, EMEA, Latin America and North America, BNP Paribas, Commerzbank, ING, LBBW, Anglo-Gulf Trade Bank, Standard Chartered Bank, Natixis, Bangkok Bank, SMBC, Danske Bank
Trade and working capital finance network The Marco Polo Network has added Mastercard as its latest member.
MasterCard, Marco Polo, blockchain network, trade finance, World, banking, ecommerce, TradeIX, enterprise resource planning (ERP), Corda, R3
US-based financial services provider Mastercard has joined blockchain software company R3’s Corda-powered Marco Polo Network for trade finance.
MasterCard, R3, Corda, Marco Polo Network, trade finance, TradeIX, US, blockchain, DLT, financial services provider
Blockchain trade finance network Marco Polo has announced that the South Africa-based Standard Bank Group will be a new member.
South Africa, Standard Bank, Marco Polo, trade finance, blockchain, DLT, Trade Finance Network, Microsoft Dynamics 365, Xero, Oracle Netsuite, R3, Corda, Alfa Bank, Anglo Gulf Trade Bank, Bangkok Bank, Bayern LB, BNP Paribas, Bradesco, Commerzbank
Germany-provider Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed a new trade transaction on the Marco Polo platform.
Commerzbank, Logwin, Landesbank Baden-Württemberg, trade finance, trade transaction, Marco Polo, Germany, LBBW, Marco Polo platform, blockchain, distributed ledger technology
Marco Polo, the trade finance blockchain network launched by R3 and TradeIX, is moving toward production with real-time supplier payments provided by Logwin.
Marco Polo, R3, Corda, TradeIX, trade finance, partnership, Logwin, real-time payments, B2B payments, Digital Asset Shared Ledger, blockchain, distributed ledger technology