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DBS and Standard Chartered have jointly led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) POC.
DBS, Standard Chartered, banks, trade finance registry, pilot, blockchain, distributed ledger technology, ABN AMRO, ANZ, CIMB, Deutsche Bank, ICICI, Lloyds, Maybank, Natixis, OCBC, Rabobank, SMBC, UOB
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
Bank of America has announced that it is joining the Marco Polo Network to tackle trade finance challenges.
Bank of America, Marco Polo Network, trade finance, digital banking, US, Asia Pacific, EMEA, Latin America and North America, BNP Paribas, Commerzbank, ING, LBBW, Anglo-Gulf Trade Bank, Standard Chartered Bank, Natixis, Bangkok Bank, SMBC, Danske Bank
Exiger has revealed its agreement with global financial institution Sumitomo Mitsui Banking Corporation Europe (SMBC) to leverage Exiger\s DDIQ.
SMBC, Exiger, DDIQ, AI, AML, EMEA, financial institution, AI, KYC, onboarding, compliance, transactions , due diligence
The Asian Development Bank (ADB) and Sumitomo Mitsui Banking Corporation (SMBC) have signed an agreement to promote over USD 100 million of trade annually across Asia.
Asian Development Bank, Sumitomo Mitsui Banking Corporation, Asia, trade finance, ADB, SMBC, TFP