Articles with tag: trade finance consortium

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Standard Chartered joins Cobalt DLT FX platform

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

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

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

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

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

Marco Polo lowers barriers to entry for blockchain trade finance

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

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

Nordea, OP develop Finnish blockchain platform for unlisted shares

23 Nov 2018 | E-invoicing, SCF & E-procurement

Finland-based banks Nordea and OP Financial have announced running a Proof of Concept (PoC) for trading unlisted company shares.

Nordea, OP Financial, product development, platform launch, unlisted company shares, trade finance, we.trade, Marco Polo consortium, trade finance consortium, PoC, Finnish Tax Administration, Finnish Patent and Registration Office,

Anti-fraud trade finance blockchain consortium launches in Singapore

21 Nov 2018 | E-invoicing, SCF & E-procurement

The World Blockchain Trade Consortium was formed in Singapore to use Trade Finance Market’s technology called Invoice Check to prevent invoice fraud.

The World Blockchain Trade Consortium, Trade Finance Market, trade finance consortium, consortium, Singapore, trade finance, andi-fraud, GTR Ventures, National Credit Insurance Brokers, Incomlend, fintech, Portal Finance, blockchain