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Enterprise technology and services provider R3 has signed a Memorandum of Understanding (MOU) with the Asian Development Bank (ADB) to explore the use of distributed ledger technology (DLT) in driving digital transformation for the organisation.
partnership, DLT, blockchain, distributed ledger technology
Financial messaging system SWIFT has made steps in fighting fraud and duplicate financing with the launch of Trade Financing Validation Service provided by MonetaGo.
SWIFT, fraud prevention, API, Swift messages, banks, cross-border payments
TreviPay, a payments and invoicing network, has launched its Small Business Supplier Network (SBSN) across the US.
banks, product launch, payments , e-invoicing, financial services
US-based provider of enterprise technology R3 has partnered with Asia Development Bank (ADB) to make cross-border transaction in APAC more efficient and secure through blockchain.
R3, partnership, cross-border payments, blockchain, central bank
The Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program (TSCFP) has signed an agreement with Dubai Islamic Bank Pakistan Limited (DIBPL) to support trade in Pakistan.
trade finance, supply chain finance, transactions , lending
The Asian Development Bank (ADB) has unveiled a USD 500 million facility to support the purchase of COVID-19 vaccines and related equipment.
Asian Development Bank, ADB, supply chain finance, COVID-19, TSCFP, World Health Organization, mapping tool
Tristan Chiappini, PPRO, ecommerce, Southeast Asia, coronavirus, lockdown, COVID-19, pandemic, merchants, PSPs, consumer loyalty, brick-and-mortar, online shopping, local payment methods, e-wallets
The Asian Development Bank (ADB) has partnered with Southeast Asia Commercial Joint Stock Bank (SeABank) to support trade in Vietnam by providing loans and other credit facilities.
ADB, SeABank, partnership, Vietam, trade finance, Trade and Supply Chain Finance Program, supply chain finance
MasterCard, N-Frnds, SGeBIZ, Finastra, Asian Development Bank, ADB, digitalisation, supply chain, financing , cash flow, SMEs, trade finance
Standard Chartered has successfully completed the first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain.
Standard Chartered, cross-bank, letter of credit, blockchain transaction, payments , Vietnam, Thailand, distributed ledger technology, Contour, trade finance
MasterCard, supply chain, digitisation, alliance, N-Frnds, SGeBIZ, Finastra, Asian Development Bank, ADB, SMEs, Asia, COVID-19, pandemic, MSBs, banks, trade networks, supplier, demander, funds, International Chamber of Commerce, fintech
HSBC, Asian Development Bank, COVID19, supply chain finance, Asian SMEs, medical supply chains, financing , suppliers, banks, manufacturers, investors, healthcare professionals
ICC, Global Survey on Trade Finance, trade finance, banking, optimism, International Chamber of Commerce, pandemic, Asian Development Bank, ADB, Austrac, Boston Consulting Group, BCG, Coriolis Technologies, HSBC, Kountable, SWIFT, TXF, SCF, digital trade, banks, supply chain finance, digitalisation
ADB, Asian Development Bank, SCF programme, supply chain of finance, coronavirus, cross-border trade, trade finance programme, post-shipment finance, post-acceptance finance, pre-shipment loans, distributor financing
The Asian Development Bank (ADB) has announced that it will support Bangladesh in tackling novel coronavirus (COVID-19) outbreak challenges.
The Asian Development Bank, ADB, Bangladesh, COVID-19, coronavirus, financial aid, B2B payments, supply chain financing, banking, Governmental financial aid, Asia, APAC
The Asian Development Bank (ADB) has provided USD 200 million through its Supply Chain Finance Program for medicine manufacturers and distributors.
The Asian Development Bank, ADB, Asia, Phillippines, supply chain finance, COVD-19, coronavirus, trade finance, medicine manufacturer, medicine distributor
Asian Development Bank has co-financed more than USD 16 billion to fund trade development in Pakistan, according to a report issued by the bank.
Asian Development Bank, Pakistan, trade development, trade finance, lending, B2B payments, Philippines, account deficit, access to capital
Intellect Design Arena has been chosen to drive Bank of Mongolia’s digital transformation.
Bank of Mongolia, Intellect, Central Banking Solution, banking, B2B, core banking, corporate banking, cybersecurity, Asian Development Bank, Asia Pacific, Russia
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
Asian Development Bank (ADB) has selected Everest, a company that uses blockchain for know-your-customer (KYC) purposes, to fix a cross-border issue in Samoa, Australia and New Zealand.
Everest, KYC, cross-border transactions, blockchain, compliance, payments , AML