Trade finance

219 articles tagged with this keyword

/crime

Finextra & Eastnets unveil new data on the global state of trade-based financial crime

Finextra this week released new research investigating how institutions globally are tackling the mounting issue of trade-based financial crime (TBFC).

/payments

Wise launches invoicing tool for SMEs

Money transfer fintech Wise has debuted an online invoicing tool targetting small businesses (SMEs).

/ai

Lloyds to use AI to automate trade finance checks

Lloyds Bank is to use AI technology from Cleareye to eliminate the manual drudgery of paper processing and compliance checking for trade finance documentation.

/ai

ABN Amro turns to AI for trade finance automation

Dutch bank ABN Amro is working with AI platform Complidata to automate its trade finance operations.

/wholesale

Emirates NBD carries out PoC for digitally native trade documents

Emirates NBD has teamed with a trade finance platform and two fintechs on a proof-of-concept for a transaction involving digitally native trade documents with the application of participants' digital identity.

/crypto

Bitcoin halving may lead to price drop

On April 20th the bitcoin halving will take place, which is set in the cryptocurrency’s technology to cut the rate at which bitcoin is created. The event happens every leap year and is eagerly anticipated by crypto enthusiasts.

/startups

Sweden's Scayl raises €100m to address fintech lending gap

Swedish startup Scayl, a debt financing platform based in Stockholm, has raised €100M to address a lending gap in the fintech sector.

/retail

SC Ventures launches supply chain financing marketplace for Ghanaian MSMEs

Standard Chartered's innovation and investment arm SC Ventures is launching a B2B online marketplace offering small firms in Ghana access to financing options.

/wholesale

Lloyds forms trade digitalisation partnership with WaveBL

Lloyds has become the first UK bank to join the WaveBL electronic trade documentation platform, meaning its clients can transfer blockchain-based Bills of Lading across a network of members in 136 countries.

/wholesale

Xalts to acquire Contour Network to build 'Plaid for Trade'

Accel and Citi Ventures-backed fintech Xalts has acquired Contour Network from a consortium of global banks, with the aim of to building a 'Plaid for Trade' supply chain network.

/regulation

Future Fintech CEO Shanchun Huang charged with fraud by SEC

The Securities and Exchange Commission (SEC) has charged Future Fintech CEO Shanchun Huang with fraud for failing to share his ownership and transactions of Future Fintech stock shortly before he was appointed as CEO.

/wholesale

Swift trials electronic bill of lading interoperability model

Swift has partnered with BNY Mellon and Deutsche Bank to test an API-based interoperability model for electronic Bills of Lading (eBL) that it says could help digitise global trade.

/startups

Citi leads investment round in Colombian B2B fintech Supra

Citi has led an investment round in Colombian B2B payments startup Supra.

/wholesale

Lloyds Bank rolls out 'Paperless Guarantees'

Lloyds Bank is enabling corporate customers to request digital Guarantees or Standby Letters of Credit under a new 'Paperless Guarantee' initiative.

/wealth

Emirates NBD launches digital wealth platform

Emirates NBD has rolled out a digital wealth offering for users to trade securities and ETFs on over 11,000 global equities across 21 capital markets.

/wholesale

Traydstream secures $21 million Series B

Automated trade document checking platform Traydstream has completed a $21 million Series B funding round.

/devops

Finastra and Microsoft ink deal to modernise trade platforms

Finastra today announced a multi-year agreement with Microsoft focused on trade platform modernisation to address evolving corporate customer expectations.

/devops

Lloyds invests €3 million in Enigio to accelerate document digitisation

Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade.

/wholesale

Emirates NBD takes stake in trade finance fintech Komgo

Dubai's biggest lender Emirates NBD has made an equity investment in Geneva-headquartered trade finance and treasury network Komgo.

/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.