Articles with tag: societe generale

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Commodity trade finance faces difficulties in revenues following scandals

14 Aug 2020 | E-invoicing, SCF & E-procurement

Commodity trade finance has observed slumping revenues in the second quarter of 2020 as some banks pulled the plug on their operations following scandals, according to fnlondon.com.

commodity trade finance, trade finance, revenue, scandal, banks, Coalition, Hin Leong Trading, Singapore, bankruptcy, HSBC, ABN Amro, commodity finance, Phoenix Group, Standard Chartered, BNP Paribas, Societe Generale, Europe, Middle East, Africa

CDC, Societe Generale partner to boost African trade

02 Jul 2020 | E-invoicing, SCF & E-procurement

UK-based impact investor CDC Group has closed a USD 100 million trade finance risk sharing facility with Societe Generale.

CDC, Societe Generale, African trade, trade finance, risk sharing facility, local banks, new banks, Francophone West Africa, funding, economic crisis, United Nations, SDG, deficit, International Chamber of Commerce

Société Générale tests digital euro

22 May 2020 | Cryptocurrencies

The central bank of France has completed the first test of its blockchain-based digital currency.

France, banks, Societe Generale, blockchain, digital, euro, digital currency, tokens, Banque de France, The European Central Bank, cross-border payments, payments, cross-border

Finastras Fusion LenderComm on blockchain signs up three new big banks

15 May 2019 | Payments General

Finastra has signed three global banks on its Fusion LenderComm platform: BNP Paribas, Natixis and Societe Generale, following a recent sign-up by NatWest.

Finastra, Fusion LenderComm, bank loan, banking, lending, BNP Paribas, Natixis, Societe Generale

Societe Generale issues USD 112 mln bond on Ethereum

24 Apr 2019 | Cryptocurrencies

Societe Generale Group, a French financial services corporation, has issued about USD 112 million worth of bonds in the form of a security token on the public Ethereum blockchain.

security, bond, blockchain, ethereum, Societe Generale Group, France, innovation, security token

Elavon and Societe Generale partner for pan-European payment services

05 Apr 2019 | Online Payments

Elavon, a global payments provider has agreed a new partnership with financial services group, Societe Generale, for payments acceptance and acquiring services across Europe.

Elavon, Societe Generale, payments, acquiring, partnership, Europe

Societe Generale extends coverage of SWIFT gpi to new countries in Western Europe and Asia

19 Mar 2019 | Payments General

Societe Generale has launched SWIFT gpi in nine new countries: Germany, Belgium, Spain, Italy, Netherlands, UK and Switzerland in Europe, as well as Hong Kong and Singapore in Asia.

Societe Generale, SWIFT gpi, Western Europe, Asia, payments, treasury, corporates

Societe Generale, Absa sign MoU to launch pan-african wholesale banking offering

24 Jan 2019 | Payments General

Financial services companies Societe Generale and Absa Group have signed a memorandum of understanding (MOU) to roll out a pan-African wholesale banking offering.

Societe Generale, Absa, wholesale banking, South Africa, MoU, finance

Societe Generale trials biometric cards

22 Oct 2018 | Digital Identity, Security & Online Fraud

Societe Generale has announced that biometric cards are now being tested to expand contactless capabilities across France.

Societe Generale, biometric cards, fingerprint, contactless payments, banking

Societe Generale agrees to deploy Ducos platform

11 Oct 2018 | Payments General

UK-based data management company Duco has partnered with Societe Generale to deploy its software-as-a-service platform across the banking group.

Societe Generale, Duco, data management, API

Societe Generale seeks startups for Global Markets Incubator

04 Oct 2018 | Payments General

Societe Generale is launching its Global Markets Incubator, dedicated to fintechs specialising in market activities.

Societe Generale, startups, Global Markets Incubator, fintech