Articles with tag like: TradeIX

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Tech Mahindra to leverage the Marco Polo Network, supported by DBS

News | E-invoicing, SCF & E-procurement | 27 Mar 2020

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

Accenture invests in trade finance blockchain company TradeIX

News | E-invoicing, SCF & E-procurement | 17 Dec 2019

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.

ABN AMRO, BMW, SBI run blockchain trial on Marco Polo trade finance network

News | E-invoicing, SCF & E-procurement | 16 Dec 2019

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

BNY Mellon joins blockchain-powered trade finance network Marco Polo

News | E-invoicing, SCF & E-procurement | 26 Nov 2019

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

Mastercard joins the Marco Polo trade network

News | E-invoicing, SCF & E-procurement | 16 Sep 2019

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

Mastercard joins R3s Marco Polo Network

News | E-invoicing, SCF & E-procurement | 06 Sep 2019

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

R3s Marco Polo Trade Blockchain network announces updates from Logwin

News | E-invoicing, SCF & E-procurement | 15 Aug 2019

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

Marco Polo lowers barriers to entry for blockchain trade finance

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

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

Standard Chartered to pilot DLT-based smart guarantees in trade finance

News | E-invoicing, SCF & E-procurement | 29 Aug 2018

Standard Chartered has teamed up with Siemens Financial Services and TradeIX to create a blockchain-based smart guarantees proposition in trade finance

Standard Chartered, blockchain, UK, smart guarantees, trade finance, TradeIX, Siemens Financial Services, letter of credit, commercial bank guarantee, paper intensive process, auto-executing smart contracts, Corda Distributed Ledger

TradeIX raises USD 16 mln from ING Ventures

News | E-invoicing, SCF & E-procurement | 25 Jun 2018

TradeIX, a blockchain startup, has raised USD 16 million in a Series A round led by ING Ventures, the venture capital arm of ING Bank.

TradeIX, blockchain, trade finanace, funding, ING Ventures, R3, API, UK

Bangkok Bank joins Marco Polo trade finance initiative powered by blockchain

News | E-invoicing, SCF & E-procurement | 24 May 2018

Bangkok Bank has joined the Marco Polo trade finance initiative run by enterprise software company R3 and trade finance technology specialist TradeIX.

Bangkok Bank, Marco Polo, trade finance, blockchain, R3, TradeIX, trade data, payables finance, receivables finance

AIG, TradeIX, Standard Chartered complete trade finance transaction using blockchain

News | Cryptocurrencies | 06 Oct 2017

American International Group together with TradeIX and Standard Chartered have successfully completed blockchain-enabled trade finance transaction for a global logistics company.

American International Group, AIG, TradeIX, Standard Chartered, trade finance transaction, blockchain, DLT