Articles with tag like: trade finance

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Yield 4 Finance partners with Sigma Financial Solutions and Micro Capitals Bank

News | E-invoicing, SCF & E-procurement | 15 Jun 2021

Yield 4 Finance has partnered with Sigma Financial Solutions, a provider of trade finance services globally.

partnership, trade finance, banks

IFIN launches Islamic financing platform

News | E-invoicing, SCF & E-procurement | 08 Jun 2021

Bahrain-based Islamic fintech provider IFIN (Islamic Finance Initiation Network), has launched a real economy, automated Islamic financing platform.

supply chain finance, trade finance, financial services, financial institutions

Axel Springers integrates Finanzen.net brokerage offer

News | Online & Mobile Banking | 07 Jun 2021

Germany-based technology company Axel Springers has announced integrating the brokerage offer from online broker Finanzen.net into its own app, after acquiring the company in May 2021.

product launch, cryptocurrency, trading platform, trade finance

Wipro partners Finastra to help banks go digital

News | Online & Mobile Banking | 03 Jun 2021

Wipro and Finastra have partnered to help corporate banks across Asia-Pacific accelerate their digital transformation.

Finastra, partnership, transactions , trade finance, cash management, banks

Trade finance platform Komgo raises USD 29 mln in funding

News | E-invoicing, SCF & E-procurement | 02 Jun 2021

Switzerland-based trade finance blockchain joint venture Komgo raised CHF 26 million (USD 29 million) in its third round of funding.

blockchain, trade finance, funding, fintech

ICC launches ICC Trade Now to connect SMEs to trade finance solutions

News | E-invoicing, SCF & E-procurement | 31 May 2021

ICC has launched ICC Trade Now, a suite of digital products and services to address the global trade finance gap.

SMEs, trade finance, partnership, product launch, investment

Aeroflot signs sustainability-linked loan agreement with Sovcombank

News | E-invoicing, SCF & E-procurement | 28 May 2021

Russia-based airlines company Aeroflot has signed sustainability-linked loan agreement worth USD 320 million with Sovcombank.

supply chain finance, lending, trade finance

IFC Supports fuel imports and economic activity in West Africa

News | E-invoicing, SCF & E-procurement | 21 May 2021

US-based IFC has invested in two trade finance facilities arranged by Société Générale for Addax Energy into several West African countries.

funding, COVID-19, supply chain finance, trade finance

Siam Commercial Bank uses Surecomp's technology to support trade finance growth

News | Online & Mobile Banking | 21 May 2021

Siam Commercial Bank has deployed Surecomp’s IMEX and allNETT solutions for integrated, straight through digital trade finance processing into Myanmar and Vietnam.  

banks, trade finance, SWIFT, transactions , partnership

Standard Chartered signs MoU with Tazapay to offer digital escrow on Proxtera network

News | Payments General | 20 May 2021

Standard Chartered has signed a memorandum of understanding (MoU) with digital payments platform Tazapay.

SMEs, trade finance, payment processing, partnership, banks, escrow

Börger completes blockchain-enabled trade finance pilot on Marco Polo

News | Payments General | 18 May 2021

Global industrial product manufacturer, Börger, has recently completed their first blockchain-enabled trade finance pilot on Marco Polo, a distributed ledger technology (DLT) powered platform.

trade finance, blockchain, DLT, settlement, reconciliation

dltledgers offers blockchain trade finance to SMEs

News | E-invoicing, SCF & E-procurement | 14 May 2021

Singapore-based fintech dltledgers has launched a platform for small and medium enterprises (SMEs) to access trade financing from alternative financiers.

supply chain finance, trade finance, SME lending, blockchain

eBay UK to offer financing program for SMEs

News | E-invoicing, SCF & E-procurement | 12 May 2021

eBay UK has announced a new finance program, Capital for eBay Business Sellers (CEBS), to help small businesses rebuild by delivering much-needed access to finance.

SME lending, supply chain finance, trade finance, research, financial services, COVID-19

UAE Trade Connect launches digital trade platform

News | E-invoicing, SCF & E-procurement | 12 May 2021

Nationwide blockchain platform UAE Trade Connect (UTC) has went live, according to ameinfo.com.

trade finance, blockchain

BBVA, Ant Group to offer payment and financing services on Trusple

News | E-invoicing, SCF & E-procurement | 13 May 2021

BBVA and Ant Group have partnered to collaborate on the integration of financial services in their platform, Trusple, according to the official press release. 

trade finance, blockchain, partnership, cross-border payments

Trustbank implements Islamic Banking Services

News | Online & Mobile Banking | 06 May 2021

Trustbank has selected ICS BANKS Islamic Banking software solutions from ICS Financial Systems (ICSFS), a software and services provider for banks and financial institutions.

banks, Islamic banking, financial institutions, trade finance, regulation, partnership

DBS, JP Morgan, and Temasek partner in blockchain payments platform

News | E-invoicing, SCF & E-procurement | 03 May 2021

DBS Bank, JP Morgan, and Temasek have partnered to create a new blockchain-based platform for payments, trade, and foreign exchange settlement, according to The Straits Times.

partnership, banks, trade finance, JP Morgan, blockchain

Surecomp helps TRATON to migrate trade finance to the cloud

News | E-invoicing, SCF & E-procurement | 27 Apr 2021

Global trade finance solutions provider for banks and corporates Surecomp has announced that automotive multinational TRATON has gone live with its trade finance processing solution.

partnership, trade finance

UAE launches blockchain-based platform Trade Connect

News | Digital Identity, Security & Online Fraud | 20 Apr 2021

The United Arab Emirates has launched UAE Trade Connect, a blockchain-based platform, designed to prevent economic crimes such as under-invoicing, money laundering, and fraud in trade finance.

product launch, blockchain, trade finance, fraud management, money laundering, banks

Organisations are forecast to spend nearly USD 6.6 bln on blockchain solutions in 2021

News | Cryptocurrencies | 20 Apr 2021

A new update to the International Data Corporation (IDC) Worldwide Blockchain Spending Guide has shown that organisations are forecast to spend nearly USD 6.6 billion on blockchain solutions in 2021, an increase of more than 50% compared to 2020.

blockchain, cross-border payments, distributed ledger technology, trade finance, transactions , retail, insurance