Supply chain finance

169 articles tagged with this keyword

/payments

Global Supply Chain Finance Forum issues payables finance guidance

The Global Supply Chain Finance Forum (GSCFF) – an initiative comprising the International Chamber of Commerce (ICC) Finance for Development Banking Commission, BAFT (Bankers Association for Finance and Trade), the Euro Banking Association (EBA), Factors Chain International (FCI) and the International Trade and Forfaiting Association (ITFA) – has released a new guidance document on payables finance, to aid financial institutions, accounting firms, rating agencies and regulators in gaining clarity and consistency on the various terms and techniques.

/Supply chain finance

Deutsche Bank delivers China supply chain financing for BASF

Deutsche Bank today announced that it has established a supply chain financing solution for BASF China, supporting the company and its suppliers in China with world-class working capital capabilities.

/payments

BBVA digitises the supply chain

BBVA has created a new supply chain finance solution to compete and lead the business in Latin America, the U.S. and Europe.

/Supply chain finance

Mastercard and GrainChain collaborate to record the commodity supply chain

Today, Mastercard announced a collaboration with GrainChain, a technology company that enables supply chain visibility, empowering suppliers and farmers while reducing risks to buyers and banks in the United States, Mexico and Central America.

/payments

Mphasis to put supply chain portfolio on R3 Corda

Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its partnership with R3, a leading global enterprise software firm, to jointly create innovative blockchain-enabled payment solutions and take them to market.

/Supply chain finance

Veon acquires stake in Bangladesh’s B2B commerce platform, ShopUp

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), through VEON Ventures, has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, Bangladesh’s leading full-stack B2B commerce platform for small businesses, becoming ShopUp’s first strategic corporate investor.

/payments

HPD LendScape partners with Emirates Development Bank on national supply chain finance platform

HPD LendScape, a leading international secured lending platform vendor, today announces it has partnered with Emirates Development Bank (EDB) to launch UAE’s National Supply Chain Finance (SCF) platform, giving UAE businesses improved access to working capital, particularly as they cope with the added pressures of the COVID-19 pandemic.

/payments

Emirates NBD launches digital Supply Chain Financing platform

As part of its ongoing digitisation strategy, Emirates NBD, a leading bank in the MENAT (Middle East, North and Turkey) region has launched a digital Supply Chain Financing platform for its corporate and institutional clientele.

/people

Christophe Bodin joins Tradeshift as chief revenue officer

Tradeshift, the leader in supply chain payments and marketplaces, today announces that Christophe Bodin has joined the company as Chief Revenue Officer (CRO).

/payments

Mastercard and Asian Development Bank build multi-stakeholder alliance for Asian supply chains

Mastercard and its partners N-Frnds, SGeBIZ and Finastra have formed an alliance with the support of the Asian Development Bank (ADB) to create technology solutions to drive greater digital efficiency across the retail supply chain in Asia and increase wholesalers’ access to credit.

/wholesale

FactSet to provide European Commission with global supply chain data

FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has been selected by the European Commission (EC) to deliver comprehensive and up-to-date data on global supply chains.

/payments

DBS automates procure-to-pay for construction industry

DBS today introduced Singapore’s first automated supplier procure-to-pay solution for the construction sector, developed by Singaporean fintech Doxa.

/wholesale

DBS partners Infor to integrate digital trade financing into global supply chains

Infor, a global leader in business cloud software specialized by industry, has announced that it is partnering with DBS Bank, Southeast Asia’s largest bank, to integrate digital trade financing capabilities into the Infor Nexus global network of more than 68,000 businesses.

/Supply chain finance

Deutsche Bank invests in Traxpay

Deutsche Bank AG has announced its investment in the Frankfurt-based fintech Traxpay GmbH, with both parties signing the agreements in Frankfurt this Friday.

/wholesale

Citi launches supplier finance mobile app in Latin America

Citi launched a new mobile app in Latin America to facilitate suppliers enrolled in Citi Supplier Finance domestic programs access to working capital.

/wholesale

MYbank unveils five-year plan to reach more SMEs across China via supply chain finance

MYbank, a leading online private commercial bank under Ant Group, today announced a five-year plan to reach more small and micro enterprises (SMEs) across China via supply chain finance and rural lending.

/people

Tradeshift appoints Carrie Dolan as CFO

Tradeshift, the leader in supply chain payments and marketplaces, today announces that Carrie Dolan has joined the company as Chief Financial Officer (CFO).

/wholesale

Sberbank releases business-to-business supply chain app

Sberbank has launched a mobile app called Bank of Business Partners for Android.

/crypto

SolarisBank launches subsidiary digital assets

solarisBank, the tech company with a banking license, publicly announced the foundation of its subsidiary solaris Digital Assets GmbH today. The 100% subsidiary of Berlin-based solarisBank AG will provide an API-accessible platform which adds a custody solution to the full range of solarisBank’s digital white-label banking services. solarisBank had already made a significant contribution to the decentralized world in 2018 by launching the solarisBank Blockchain Factory as a banking infrastructure provider. solaris Digital Assets will further advance solarisBank’s blockchain activities by supplementing the banking infrastructure with a custody solution for digital assets.

/Supply chain finance

DBS launches digital logistics package for SMEs

With e-commerce on the rise[1], DBS will launch a digital logistics solutions package for SME customers in the space.