Articles with tag like: letters of credit

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IFC, Union Bank to boost access to trade finance in Nigeria

News | E-invoicing, SCF & E-procurement | 12 Oct 2020

IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business and enable increased international trade for Nigeria.

Nigeria, IFC, Union Bank, trade finance, Covid 19, financing, SMEs, letters of credit, trade-related promissory notes, Guarantees, bonds, advance payment guarantees

essDOCS teams up with Infosys Finacle

News | E-invoicing, SCF & E-procurement | 09 Jul 2020

essDOCS, an enabler of paperless trade, has partnered with Infosys Finacle, part of EdgeVerve Systems, for driving automation in Trade finance processes though Distributed Ledger Technology (DLT). 

essDOCS, partnership, Infosys Finacle, blockchain, technology, finance, EdgeVerve System, distributed ledger technology, DLT, CargoDocs DocEx, Finacle Trade Connect, transactions , letters of credit, LCS, Documentary Collections, Guarantees, banks, data

DBS Bank joins R3's Corda blockchain trade-finance network Contour

News | E-invoicing, SCF & E-procurement | 11 May 2020

DBS Bank has joined Contour’s network, which is built on blockchain technology company R3's Corda.

letters of credit, blockchain, trade finance, banking, Singapore, R3, Corda, settlement, DBS Bank