Articles with tag like: trade finance

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Buna, owned by Arab Monetary Fund, to launch additional solutions

News | E-invoicing, SCF & E-procurement | 30 Mar 2021

Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund, has announced plans to launch instant payments, in addition to other solutions.

cross-border payments, trade finance, payment methods, SWIFT

Drip Capital secures USD 40 mln credit facility for trade finance

News | E-invoicing, SCF & E-procurement | 29 Mar 2021

Cross-border trade finance fintech provider Drip Capital has secured a USD 40 million credit facility from East West Bank for the expansion of Drip's trade finance solutions to small and medium-sized businesses (SMBs).

trade finance, supply chain finance, investment

dltlegers raises USD 7 mln in Series A funding round

News | Cryptocurrencies | 29 Mar 2021

dltledgers, a Singapore-based blockchain platform for cross-border trade, trade finance, and supply chain digitisation, has raised USD 7 million during a Series A funding round.

blockchain, funding, trade finance

Finastra, Enigio partner to boost paperless trade finance

News | E-invoicing, SCF & E-procurement | 25 Mar 2021

Finastra has partnered with Enigio for the development of a solution responsible for managing and handling digital original documents using DLT, according to IBSintelligence.com.

Finastra, trade finance, DLT, SMEs, partnership

Supercomp's cloud-based digital trade finance solution implemented by Banco Internacional

News | Payments General | 25 Mar 2021

Banco Internacional has chosen to improve its end-to-end trade finance process by deploying Surecomp’s cloud-based Trade Finance-as-a-Service (TFaaS).   

cloud, trade finance, digital onboarding, API, banks, partnership

Standard Chartered launches sustainable trade finance solutions

News | E-invoicing, SCF & E-procurement | 23 Mar 2021

Standard Chartered has announced that is launching sustainable trade finance solutions across Asia, Africa and the Middle East, Europe, and the Americas. 

supply chain finance, product launch, banks, trade finance

Modifi receives USD 50 million loan from Silicon Valley Bank

News | E-invoicing, SCF & E-procurement | 17 Mar 2021

Silicon Valley Bank has announced a credit provision for Germany-based financing startup Modifi for further expansion. 

investment, financial services, factoring, trade finance

Scala launches Click & Collect campaign

News | Ecommerce | 16 Mar 2021

Global digital signage solutions company Scala has announced a Click & Collect information campaign to strengthen trade.

customer experience, POS, trade finance, supply chain finance

Fulton Bank uses Finzly for its foreign exchange and finance operations

News | Online & Mobile Banking | 16 Mar 2021

US-based Fulton Bank has gained operational efficiencies in its foreign exchange initiatives by using Finzly’s FX STARTM and EXIM STARTM solutions.

trade finance, banks, FX , API

Triterras to acquire Invoice Bazaar

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

Triterras, a fintech company for trade and trade finance, has signed a letter of intent to acquire Invoice Bazaar with operations in UAE and offices in Dubai and India. 

acquisition, supply chain finance, fintech, trade finance

MODIFI partners with Solarisbank to expand to the Netherlands

News | E-invoicing, SCF & E-procurement | 11 Mar 2021

Germany-based trade finance solutions provider MODIFI has announced a partnership with Solarisbank to launch a Digital Trade Finance Platform for SMEs in the Netherlands.

e-invoicing, trade finance, partnership, expansion, financial services

SWIFT teams up with ICC

News | E-invoicing, SCF & E-procurement | 10 Mar 2021

SWIFT has announced that its KYC Registry will integrate the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, helping financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.

partnership, trade finance

Surecomp, Gradiant partner to facilitate fraud prevention

News | E-invoicing, SCF & E-procurement | 04 Mar 2021

Global trade finance solutions provider Surecomp has announced the addition of document forgery detection solution Valida by Gradiant to its Marketplace platform.

trade finance, fraud prevention, digital onboarding, fintech, e-invoicing

Goldman Sachs relaunches its crypto trading desk

News | Cryptocurrencies | 02 Mar 2021

Investment bank Goldman Sachs has relaunched its cryptocurrency trading desk after a three-year hiatus and plans to support Bitcoin. 

cryptocurrency, Bitcoin, trade finance

MODIFI acquires PrimaDollar's export trade finance business

News | E-invoicing, SCF & E-procurement | 26 Feb 2021

PrimaDollar has made the strategic decision to focus on its supply chain trade finance platform after selling its export trade finance business to MODIFI, the latter has announced.

supply chain finance, trade finance, e-invoicing

DZ BANK chooses Surecomp for digital trade finance transformation

News | E-invoicing, SCF & E-procurement | 26 Feb 2021

Canada-based Surecomp, a provider of global trade finance solutions, has announced its partnership with DZ BANK, as part of its journey towards digitised trade finance operations.

Surecomp, DZ Bank, partnership, trade finance, digital banking, SWIFT

Increased costs for EUR payments from UK as a result of Brexit, Banking Circle

News | E-invoicing, SCF & E-procurement | 25 Feb 2021

Cross-border payments expert Banking Circle has identified an issue affecting some financial institutions handling cross-border transactions from the UK to the EU. 

Banking Circle, trade finance, cross-border payments, SEPA, B2B payments, Brexit

Flexport launches Order Management solution

News | E-invoicing, SCF & E-procurement | 18 Feb 2021

Global trade tech company Flexport has launched Flexport Order Management (OM), a Flexport Platform solution that enables consignees and their suppliers to optimise supply chains.

Flexport, order management, global trade, trade finance, supply chain finance

HSBC, QIB make USD 100 mln Islamic trade finance deal

News | E-invoicing, SCF & E-procurement | 17 Feb 2021

HSBC and Qatar Islamic Bank (QIB) have closed an Islamic trade finance facility worth USD 100 mln, according to gtreview.com.

HSBC, Qatar Islamic Bank, trade finance, banks

Euro zone sees unexpected rise in December 2020 trade surplus

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

The EU has release data showing that the euro zone's trade surplus with the rest of the world was bigger than expected in December 2020, according to Yahoo Finance.

EU, euro zone, trade finance, import, export, Europe