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UK-based bank HSBC has launched a new trade finance API aimed to offer financial institutions the ability to build apps with full visibility of their bank guarantees.
HSBC, Open Banking API, bank guarantee, banking, UK, Europe, PSD2, Open API, trade finance, ING, Standard Bank
UAE-based bank Emirates NBD has launched smartTRADE, a new portal catering to supply chain and trade finance customers.
smartTRADE, Emirates NBD, trade finance portal, supply chain finance, trade finance, United Arab Emirates, EMEA, letter of credit, lending, B2B payments, bank guarantee
The Austrian Raiffeisen Bank International (RBI) has joined the Marco Polo blockchain trade finance network in order to run pilots, and evaluate the platform.
Marco Polo, blockchain, trade finance, network, Austria, Raiffeisen Bank, payments , payables financing, bank guarantee, bank, multibank, distributed ledger technology