Articles with tag: digital trade

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Tradeteq secures USD 9.4 mln in series A funding

News | E-invoicing, SCF & E-procurement | 22 Jan 2021

UK-based Tradeteq, a technology provider for bank asset distribution, has announced the successful completion of its USD 9.5 million Series A funding round.

Tradeteq, funding, fintech, innovation, banking, SCF, automation, digital trade

Bolero joins Marco Polo Network to advance digital trade settlement

News | E-invoicing, SCF & E-procurement | 05 Aug 2020

Trade Digitisation provider Bolero has joined the Marco Polo, to bring Bolero’s e-Bill of Lading (BL), including e-documents and e-presentation solutions, to the trade finance network. 

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

Infor, DBS Bank partner for global supply chains digital financing

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

Cloud software provider Infor has partnered with Singapore-based DBS Bank to integrate digital trade financing capabilities into the Infor Nexus global network. 

Infor, DBS Bank, Asia, Singapore, digital trade financing, supply chain finance, Infor Nexus, cloud software, bank, SMEs, pre-shipment finance, supply chain data, risk, credit, capital, credit risk

ICC trade finance survey confirms banking industry optimism

News | E-invoicing, SCF & E-procurement | 21 Jul 2020

ICC has released its 2020 Global Survey report which showcases optimism for banks regarding trade finance, although challenges and disruptions are to be expected post-pandemic.

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

Surecomp rolls out Fastrade for digital trade finance customer engagement

News | E-invoicing, SCF & E-procurement | 19 Jun 2020

Surecomp, a global trade finance and treasury solutions provider for banks and corporations, has launched a front-office solution Fastrade, designed specifically for (SMEs).

Surecomp, Fastrade, digital trade finance, customer engagement, SMEs, SaaS

DBS accelerates trade financing digitalisation amid Covid-19 concerns

News | E-invoicing, SCF & E-procurement | 16 Mar 2020

Singapore-based DBS Bank has closed the completion of its trade financing settlement through vCargo Cloud’s CamelONE Trade Finance portal, IBS intelligence reports.

Singapore, DBS Bank, trade financing settlement, vCargo Cloud’s CamelONE, Trade Finance portal, Asia Pacific, APAC, freight booking, cargo insurance, digital trade, COVID-19, coronavirus

Digital Trade Standards Initiative launches under the umbrella of the International Chamber of Commerce

News | E-invoicing, SCF & E-procurement | 04 Mar 2020

The International Chamber of Commerce (ICC) has launched the Digital Trade Standards Initiative (DSI) – a collaborative cross-industry effort to enable the standardisation of digital trade.

Digital Trade Standards Initiative, International Chamber of Commerce, digital trade

Cmatch enables Bank Payment Obligation continuity; facilitates digital trade finance

News | E-invoicing, SCF & E-procurement | 21 Nov 2019

essDOCS, the enabler of paperless trade, has announced that several banks have commenced testing its newly developed CargoDocs Transaction Matching Application (Cmatch).

essDOCS, banks, digital trade, payments, trade finance

Publicis Sapient, Microsoft aid the launch of first digital trade bank

News | E-invoicing, SCF & E-procurement | 05 Aug 2019

France-based advertising company Publicis Groupe and Microsoft have announced the launch of a digital trade finance bank, together with Anglo-Gulf Trade Bank.

Publicis Sapient, Microsoft, Anglo-Gulf Trade Bank, digital trade finance bank, company launch, bank, trade finance, France, Europe, digital trade finance

Alibaba joins hands with Yiwu to build a trading platform for SMEs

News | E-invoicing, SCF & E-procurement | 21 Jun 2019

Alibaba has signed an agreement with Yiwu in East China to focus on digitizing trade infrastructure and developing additional trade flows for the city.

Alibaba, Yiwu, East China, China, Asia, APAC, trading platform, trade finance, SME financing, digital trade infrastructure, trade flows, eWTP, smart logistics

Standard Bank launches digital trade solution for South-African SMEs

News | E-invoicing, SCF & E-procurement | 06 Jun 2019

South Africa-based Standard Bank has launched SimplyBlu, a digital solution powered by Mastercard that provides e-trade solutions to SMEs.

Standard Bank, SimplyBlu, product launch, South Africa, Africa, emerging markets, digital trade, e-trade, e-invoicing, e-receipt, electronic invoice

ICC blockchain project to target commodities in Singapore

News | E-invoicing, SCF & E-procurement | 03 Jun 2019

Singapore-based blockchain startup Perlin Network and the ICC have established the Centre of Future Trade in Singapore to help companies to digitize trade.

Perlin Network, International Chamber of Commerce, Singapore, Centre of Future Trade, Asia, APAC, digital trade, trade finance, commodities trade, blockchain, DLT, distributed ledger technology

Maersk to offer digital trade finance services in South Africa

News | E-invoicing, SCF & E-procurement | 20 May 2019

Trade finance network Maersk has announced plans to offer digital trade finance for SMEs in South Africa.

Maersk, trade finance network, trade finance, South Africa, Africa, digital trade finance, SMEs, financing, containment shipment

TradeTrust initiative launched in Singapore to boost digital trade

News | E-invoicing, SCF & E-procurement | 05 Mar 2019

Singapore’s Minister for Communications and Information has launched the TradeTrust initiative, to facilitate the exchange of digital trade documentation.

TradeTrust, Singapore, digital trade documentation, trade finance, digital trade, PEPPOL, e-invoicing, Pan-European Public Procurement On-Line

Mastercard launches trade finance platform

News | E-invoicing, SCF & E-procurement | 14 Sep 2018

Mastercard has rolled out a digital trade platform called Mastercard Track, designed to make it easier for companies to manage payments in supply chains.

Mastercard, trade platform, trade finance, digital trade platform, Mastercard Track, supply chain finance, supplier, buyer, electronic payments, US, B2B payments

Emirates NBD unites with CCRManagers fintech platform

News | E-invoicing, SCF & E-procurement | 17 May 2018

Emirates NBD, a United Arab Emirates-based banking group, has joined CCRManager, a fintech platform supporting the origination and distribution of trade assets.

Emirates NBD, CCRManager, fintech, United Arab Emirates, trade assets, digital banking solutions, digital trade finance platform

Seylan Bank, Finastra to streamline digital trade and corporate banking

News | Online & Mobile Banking | 26 Sep 2017

Seylan Bank has selected Finastra to grow its trade and supply chain finance business using FusionBanking Trade Innovation.

Seylan Bank, Finastra, digital trade, corporate banking, supply chain finance, FusionBanking Trade Innovation, Sri Lanka

HSBC, GT Nexus announce digital trade collaboration to manage SCF

News | E-invoicing, SCF & E-procurement | 26 Sep 2017

HSBC and GT Nexus have partnered to help customers upgrade their operational efficiency through the GT Nexus cloud-based supply chain platform.

HSBC, GT Nexus, partnership, supply chain finance, working capital, digital trade, commerce

IBM builds blockchain technology for seven European banks

News | Cryptocurrencies | 27 Jun 2017

IBM has announced a blockchain technology that will be used by seven European banks, to facilitate international trade for small and medium-size enterprises.

blockchain, IBM, Europe, Digital Trade Chain, Hyperledger Fabric, distributed ledger, digital payments

Raiffeisen selects iGTB to provide digital trade finance platform

News | E-invoicing, SCF & E-procurement | 08 Mar 2017

iGTB, five Austrian Raiffeisen Regional Banks and Raiffeisen Bank International have agreed a contract to implement a comprehensive digital trade finance platform.

Raiffeisen, iGTB, digital trade finance platform, bank, partnership