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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
London-based Demica has launched the supply chain finance platform of Saudi British Bank, enabling the bank to offer payables finance to its clients.
Demica, Saudi British Bank, supply chain finance platform, supply chain finance, Saudi Arabia, SBB, MENA, payables finance, B2B payments