Articles with tag like: Marco Polo

Found 24 results in 784 milliseconds.

Turkish bank İşbank carries second pilot on cross border trade using blockchain

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

İşbank and Commerzbank together with their corporate clients have jointly run their second international trade finance pilot transaction based on distributed ledger technology (DLT).

Isbank, blockchain, DLT, trade finance, Commerzbank, corporate clients, Corda, Marco Polo, Turkey

Marco Polo and msg announce strategic alliance

News | E-invoicing, SCF & E-procurement | 15 Oct 2020

msg, a large IT consulting and system-integration company based in Germany, has formalised a strategic alliance with Marco Polo, a distributed trade finance network.

MSG, IT consulting, system-integration, Germany, Marco Polo, distributed trade finance network, R3, Corda, banking, payments, SAP, DLT

Standard Chartered joins Cobalt DLT FX platform

News | E-invoicing, SCF & E-procurement | 28 Feb 2020

UK-based foreign exchange company Cobalt has announced that Standard Chartered plans to join its foreign exchange (FX) DLT-based post-trade platform.

Cobalt, Standard Chartered, FX , trade platform, FX trade, trade finance, blockchain, trade finance consortium, Marco Polo, foreign exchange

Qatar Commercial Bank completes trial on the Marco Polo Platform

News | E-invoicing, SCF & E-procurement | 03 Feb 2020

Qatar’s Commercial Bank has participated in the Blockchain Open Account Trade Finance Trial on the Marco Polo platform, built on the R3 Corda Network.

Marco Polo, Commercial Bank, Qatar Commercial Bank, wholesale banking, trade finance, risk mitigation, Corda, R3, distributed ledger technology, blockchain

Accenture invests in trade finance blockchain company TradeIX

News | E-invoicing, SCF & E-procurement | 17 Dec 2019

Accenture has announced a minority investment in TradeIX, the developer behind the Marco Polo blockchain trade finance platform.

Accenture, TradeIX, investment, trade finance, blockchain, Corda, R3, Marco Polo, Ireland, Europe, ING Ventures, consultancy, AIG, DHL Siemens.

ABN AMRO, BMW, SBI run blockchain trial on Marco Polo trade finance network

News | E-invoicing, SCF & E-procurement | 16 Dec 2019

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

BNY Mellon joins blockchain-powered trade finance network Marco Polo

News | E-invoicing, SCF & E-procurement | 26 Nov 2019

US-based BNY Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.

BNY Mellon, Marco Polo, blockchain, trade finance, trade finance netwrok, TradeIX, Corda, R3, Bank of America, KeyBank, US, North America

National Australia Bank joins blockchain trade finance network Marco Polo

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

The Marco Polo blockchain trade finance network has announced the addition of the National Australia Bank (NAB) as its first Australian participant, according to Ledger Insights.

National Australia Bank, blockchain, trade finance, Marco Polo

SMBC completes blockchain trade finance test

News | E-invoicing, SCF & E-procurement | 22 Oct 2019

Japan-based Sumitomo Mitsui Banking Corporation {SMBC) is set to begin utilising R3’s Marco Polo trade finance blockchain on a commercial basis by the end of 2019.

Sumitomo Mitsui Banking Corporation, SMBC, Japan, trade finance pilot, Asia, APAC, Mitsui & Co, Bangkok Bank, R3, Marco Polo, Trade Finance Network, blockchain

Alfa-Bank, Commerzbank pilot Marco Polo blockchain trade finance network

News | E-invoicing, SCF & E-procurement | 14 Oct 2019

Russia-based Alfa-Bank and Germany-based Commerzbank have executed a cross-border payments pilot on the Marco Polo blockchain network.

Alfa-Bank, Commerzbank, Marco Polo, Marco Polo trade finance network, trade finance, blockchain, cross-border payments, Oracle Netsuite, R3, Corda blockchain, Russia, Germany, Europe

Mastercard joins the Marco Polo trade network

News | E-invoicing, SCF & E-procurement | 16 Sep 2019

Trade and working capital finance network The Marco Polo Network has added Mastercard as its latest member.

MasterCard, Marco Polo, blockchain network, trade finance, World, banking, ecommerce, TradeIX, enterprise resource planning (ERP), Corda, R3

South African Standard Bank joins trade finance blockchain Marco Polo

News | E-invoicing, SCF & E-procurement | 23 Aug 2019

Blockchain trade finance network Marco Polo has announced that the South Africa-based Standard Bank Group will be a new member.

South Africa, Standard Bank, Marco Polo, trade finance, blockchain, DLT, Trade Finance Network, Microsoft Dynamics 365, Xero, Oracle Netsuite, R3, Corda, Alfa Bank, Anglo Gulf Trade Bank, Bangkok Bank, Bayern LB, BNP Paribas, Bradesco, Commerzbank

Commerzbank carries out new blockchain trade with logistics provider Logwin

News | E-invoicing, SCF & E-procurement | 16 Aug 2019

Germany-provider Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed a new trade transaction on the Marco Polo platform.

Commerzbank, Logwin, Landesbank Baden-Württemberg, trade finance, trade transaction, Marco Polo, Germany, LBBW, Marco Polo platform, blockchain, distributed ledger technology

R3s Marco Polo Trade Blockchain network announces updates from Logwin

News | E-invoicing, SCF & E-procurement | 15 Aug 2019

Marco Polo, the trade finance blockchain network launched by R3 and TradeIX, is moving toward production with real-time supplier payments provided by Logwin.

Marco Polo, R3, Corda, TradeIX, trade finance, partnership, Logwin, real-time payments, B2B payments, Digital Asset Shared Ledger, blockchain, distributed ledger technology

Bangkok Bank, Commerzbank run trade transaction on Marco Polo network

News | E-invoicing, SCF & E-procurement | 30 May 2019

Marco Polo members Bangkok Bank and Commerzbank have jointly executed an international trade transaction using distributed ledger technology (DLT).

Bangkok Bank, Commerzbank, trade finance, Marco Polo, DLT, blockchain trade finance, blockchain, distributed ledger technology, R3, Corda

Brazilian bank Brodesco joins Marco Polo trade finance network

News | E-invoicing, SCF & E-procurement | 15 May 2019

Brazil-based bank Banco Bradesco has announced joining R3’s Marco Polo blockchain network for trade finance.

Brodesco, Banco Pradesco, Marco Polo, R3, Corda, Trade Finance Network, blockchain, Brazil, South America, distributed ledger, trade finance

Austrian Raiffeisen Bank joins blockchain trade finance network Marco Polo

News | E-invoicing, SCF & E-procurement | 09 May 2019

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

Marco Polo welcomes BayernLB, Helaba, S-Servicepartner as new members

News | E-invoicing, SCF & E-procurement | 30 Apr 2019

Germany-based banks BayernLB, Helaba, and S-Servicepartner have joined the Marco Polo trade finance network for piloting and evaluating purposes.

BayernLB, Helaba, S-Servicepartner, Marco Polo, Germany, trade finance, bank, Commercial Bank, banking, Europe, North and South America, Middle East, APAC, R3. Corda, blockchain, blockchain trade finance platform, trade finance consortium

Commerzbank, LBBW pilot trade finance on Marco Polo blockchain

News | Payments General | 28 Mar 2019

German banks LBBW and Commerzbank have announced the completion of their first pilots on the Marco Polo trade finance blockchain network.

Commerzbank, LBBW, trade finance, Marco Polo, blockchain, payments, financing

Marco Polo lowers barriers to entry for blockchain trade finance

News | E-invoicing, SCF & E-procurement | 28 Mar 2019

Blockchain trade finance network Marco Polo has lowered its upfront financial commitment, thus signing up 17 banks, with 14 made public so far.

Marco Polo, trade finance, trade finance consortium, blockchain trade finance, financial commitment, entry fees, Commerzbank, TradeIX, blockchain, DLT, Germany, Europe