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Found 25 results in 937 milliseconds.

Fnality raises USD 95 million in a Goldman-led funding round

News | Cryptocurrencies | 15 Nov 2023

UK-based blockchain-based wholesale payments firm Fnality has raised USD 95 million in a funding round led by Goldman Sachs.

funding, investment, blockchain, payments

Japan abandons CBDC project

News | Cryptocurrencies | 03 Aug 2022

The Bank of Japan (BoJ) has announced it will be abandoning its planned host of central bank digital currency (CBDC) services due to a reported lack of public interest.

CBDC, central bank, digital currency, crypto, blockchain

Citigroup raises investment in ethereum-based trade finance startup Komgo

News | E-invoicing, SCF & E-procurement | 23 Mar 2020

US-based bank Citi has upped its investment in the Ethereum-based decentralised trade financing startup Komgo.

komgo, Citi, Citi bank, Citi Group, Ethereum, blockchain trade finance, trade finance, startup, banking, US, United States

ICC, the Singapore Government, and large companies form alliance for digitalisation of global trade

News | E-invoicing, SCF & E-procurement | 22 Jan 2020

ICC, the Singapore Government, and large companies from key industries have signed a historic cooperation agreement to facilitate and accelerate adoption of digital technologies in trade and commerce.

trade, commerce, APRIL, DBS Bank, Marubeni Corporation, MasterCard, Mitsubishi Corporation, Mitsui, Mizuho Bank, MUFG Bank

ABN AMRO, BMW, SBI run blockchain trial on Marco Polo trade finance network

News | E-invoicing, SCF & E-procurement | 16 Dec 2019

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

SMBC completes blockchain trade finance test

News | E-invoicing, SCF & E-procurement | 22 Oct 2019

Japan-based Sumitomo Mitsui Banking Corporation {SMBC) is set to begin utilising R3’s Marco Polo trade finance blockchain on a commercial basis by the end of 2019.

Sumitomo Mitsui Banking Corporation, SMBC, Japan, trade finance pilot, Asia, APAC, Mitsui & Co, Bangkok Bank, R3, Marco Polo, Trade Finance Network, blockchain

Exigers DDIQ selected by SMBC as its AI AML tool

News | Digital Identity, Security & Online Fraud | 20 Aug 2019

Exiger has revealed its agreement with global financial institution Sumitomo Mitsui Banking Corporation Europe (SMBC) to leverage Exiger\s DDIQ.

SMBC, Exiger, DDIQ, AI, AML, EMEA, financial institution, AI, KYC, onboarding, compliance, transactions , due diligence

Brazilian bank Brodesco joins Marco Polo trade finance network

News | E-invoicing, SCF & E-procurement | 15 May 2019

Brazil-based bank Banco Bradesco has announced joining R3’s Marco Polo blockchain network for trade finance.

Brodesco, Banco Pradesco, Marco Polo, R3, Corda, Trade Finance Network, blockchain, Brazil, South America, distributed ledger, trade finance

Asian Development Bank expands partnership with SMBC for Asia trade

News | E-invoicing, SCF & E-procurement | 15 Apr 2019

The Asian Development Bank (ADB) and Sumitomo Mitsui Banking Corporation (SMBC) have signed an agreement to promote over USD 100 million of trade annually across Asia.

Asian Development Bank, Sumitomo Mitsui Banking Corporation, Asia, trade finance, ADB, SMBC, TFP

Fourteen financial institutions launch drive to develop multi-trillion dollar trade as an asset class

News | E-invoicing, SCF & E-procurement | 01 Apr 2019

Fourteen global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets.

banks, financial institution, trade finance, forfaiting, finance, standardisation, payments

Santander to launch money transfer app via Ripples platform

News | Online & Mobile Banking | 26 Mar 2018

Santander has announced that it will launch an international money transfer app in partnership with RippleNet.

Santander, money transfer app, Ripple, mobile banking

Sumitomo Mitsui, MUFG join Ripples Japanese banks consortium

News | Cryptocurrencies | 11 Jul 2017

Ripple, a US-based provider of financial settlement solutions, has added two new members to its Japanese banks consortium, Sumitomo Mitsui and MUFG.

Ripple, blockchain, Japanese banks consortium, Sumitomo Mitsui, MUFG, settlement, money transfers, cross-border payments, Japan, Asia

SWIFT gpi blockchain PoC has new 22 members

News | Online Payments | 07 Jul 2017

SWIFT has announced that 22 additional global banks have joined its blockchain proof of concept (PoC).

SWIFT, blockchain, innovation, banking, nostro accounts, vostro accounts, banks, Hyperledger Fabric, cross border payments

Japanese FI to streamline international transaction agreements with DLT

News | Cryptocurrencies | 21 Jun 2017

A group of Japanese financial companies has tested a prototype that uses distributed ledger technology (DLT) to streamline international transaction agreements.

R3, Corda, blockchain, Japan, Asia, Nomura Holdings, Daiwa Securities, Mizuho Financial Group, Sumitomo Mitsui Banking Corporation, DLT, OTC, derivatives transactions

CCRManager rolls out supply chain platform for banks

News | E-invoicing, SCF & E-procurement | 18 May 2017

CCRManager, a Singapore-based fintech company, has launched an online platform for the distribution of trade finance, supply chain finance and working capital assets for banks.

CCRManager, fintech, supply chain, trade, product launch, banks, Singapore, Asia

Sumitomo Bank to roll out mobile authentication app in Japan

News | Digital Identity, Security & Online Fraud | 05 Apr 2017

Japan’s Sumitomo Mitsui bank has teamed up with NTT Data Corporation and Ireland-based Daon to launch a mobile biometric authentication app.

Japan, biometrics, security, fraud prevention, banking, Asia, Sumitomo Mitsui bank, NTT Data Corporation, Daon

bitFlyer gets funding from large Japanese banks

News | Cryptocurrencies | 15 Feb 2017

bitFlyer, a Japanese Bitcoin exchange and blockchain services company, has revealed fresh funding from Mizuho Capital and SMBC Venture Capital.

bitFlyer, Bitcoin, blockchain, banking, innovation, Bitcoin Exchange, Japan, SMBC Venture Capital, Asia, money transfers, Mizuho Capital, cryptocurrency

NEC partners Sumitomo Mitsui to trial cashless payments using biometrics

News | Digital Identity, Security & Online Fraud | 13 Dec 2016

NEC, a Japanese multinational provider of information technology services and products, has teamed up with Sumitomo Mitsui Financial Group to trial cashless payment services utilizing NEC facial recognition technology.

NEC, cashless payment, mobile payments, biometrics, face recognition, NeoFace, Asia, Japan

IBM and Sumitomo Mitsui Trust Bank work on blockchain testing

News | Cryptocurrencies | 26 Oct 2016

Sumitomo Mitsui Trust Bank, a large Japanese bank, has teamed up with IBM on a series of blockchain trials related to finance, real estate and asset custody.

Sumitomo Mitsui Trust Bank, IBM, partnership, blockchain, cryptocurrency, Japan, US, finance, real estate, remittance, Ripple, asset custody

Apple Pay is now live in Japan

News | Mobile Payments | 26 Oct 2016

Apple Pay is now live in Japan, enabling local iPhone and Apple Watch users to make payments in stores and on public transportation services that support Sony FeliCa NFC payments system.

Apple Pay, Japan, Apple Watch, transportation, Sony FeliCa, NFC, transactions , Money 20/20