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Commerzbank and Germany-based Landesbank Baden-Württemberg (LBBW) have reported their first fully digital transaction using Marco Polo's distributed ledger technology.
partner, transactions , ERP, distributed ledger technology
msg, a large IT consulting and system-integration company based in Germany, has formalised a strategic alliance with Marco Polo, a distributed trade finance network.
MSG, IT consulting, system-integration, Germany, Marco Polo, distributed trade finance network, R3, Corda, banking, payments , SAP, DLT
Tech Mahindra has become the first Indian corporate to leverage the Marco Polo Network and Platform for international trade finance.
Tech Mahindra, Marco Polo Network, trade finance, DBS Bank, trade bank, TradeIX
Qatar’s Commercial Bank has participated in the Blockchain Open Account Trade Finance Trial on the Marco Polo platform, built on the R3 Corda Network.
Marco Polo, Commercial Bank, Qatar Commercial Bank, wholesale banking, trade finance, risk mitigation, Corda, R3, distributed ledger technology, blockchain
Accenture has announced a minority investment in TradeIX, the developer behind the Marco Polo blockchain trade finance platform.
Accenture, TradeIX, investment, trade finance, blockchain, Corda, R3, Marco Polo, Ireland, Europe, ING Ventures, consultancy, AIG, DHL Siemens.
The Marco Polo trade finance network has completed an open account trade finance trial with 70 organisations using its blockchain platform.
Marco Polo, trade finance, Trade Finance Network, ABN AMRO, TradeIX, Xero, R3, Corda, Oracle Netsuite, BMW, Citizens Bank, International Islamic Trade Finance Corporation, SBI, Steelforce, Sumitomo Corporation, The Bank of East Asia, HSBC, Saudi British Bank
US-based BNY Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so.
BNY Mellon, Marco Polo, blockchain, trade finance, trade finance netwrok, TradeIX, Corda, R3, Bank of America, KeyBank, US, North America
Russia-based Alfa-Bank and Germany-based Commerzbank have executed a cross-border payments pilot on the Marco Polo blockchain network.
Alfa-Bank, Commerzbank, Marco Polo, Marco Polo trade finance network, trade finance, blockchain, cross-border payments, Oracle Netsuite, R3, Corda blockchain, Russia, Germany, Europe
The Marco Polo trade finance network has announced it is now generally available on Microsoft Azure.
Marco Polo Network, Microsoft Azure, Trade Finance Network, trade finance, banking, credit facility, R3, Corda, blockchain technology, DLT, global trade
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
Martijn De Jong, Managing Director at Standard Chartered, paints an in-depth picture of the bank’s plans to build stronger customer engagement through Open Banking
Standard Chartered, Martijn De Jong, Open Banking, Open Banking API Portal, PSD2, Open Banking Report, banking, Open API, customer engagement, fintech technology, API, cloud system, virtual account, SME lending, India, Asia, APAC, REST, UK, Europe
Trade and working capital finance network The Marco Polo Network has added Mastercard as its latest member.
MasterCard, Marco Polo, blockchain network, trade finance, World, banking, ecommerce, TradeIX, enterprise resource planning (ERP), Corda, R3
US-based financial services provider Mastercard has joined blockchain software company R3’s Corda-powered Marco Polo Network for trade finance.
MasterCard, R3, Corda, Marco Polo Network, trade finance, TradeIX, US, blockchain, DLT, financial services provider
Blockchain trade finance network Marco Polo has announced that the South Africa-based Standard Bank Group will be a new member.
South Africa, Standard Bank, Marco Polo, trade finance, blockchain, DLT, Trade Finance Network, Microsoft Dynamics 365, Xero, Oracle Netsuite, R3, Corda, Alfa Bank, Anglo Gulf Trade Bank, Bangkok Bank, Bayern LB, BNP Paribas, Bradesco, Commerzbank
Marco Polo, the trade finance blockchain network launched by R3 and TradeIX, is moving toward production with real-time supplier payments provided by Logwin.
Marco Polo, R3, Corda, TradeIX, trade finance, partnership, Logwin, real-time payments, B2B payments, Digital Asset Shared Ledger, blockchain, distributed ledger technology
Standard Chartered has completed a pilot Letter of Credit transaction on the Voltron blockchain platform.
StanChart, HSBC, letter of credit, trade finance, Voltron, Voltron network, Trade Finance Network, blockchain, PTT Group, Voltron Steering Committee
Marco Polo members Bangkok Bank and Commerzbank have jointly executed an international trade transaction using distributed ledger technology (DLT).
Bangkok Bank, Commerzbank, trade finance, Marco Polo, DLT, blockchain trade finance, blockchain, distributed ledger technology, R3, Corda
Brazil-based bank Banco Bradesco has announced joining R3’s Marco Polo blockchain network for trade finance.
Brodesco, Banco Pradesco, Marco Polo, R3, Corda, Trade Finance Network, blockchain, Brazil, South America, distributed ledger, trade finance
The Austrian Raiffeisen Bank International (RBI) has joined the Marco Polo blockchain trade finance network in order to run pilots, and evaluate the platform.
Marco Polo, blockchain, trade finance, network, Austria, Raiffeisen Bank, payments , payables financing, bank guarantee, bank, multibank, distributed ledger technology
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