Trade finance

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MonetaGo and Tesselate joins forces to boost trade finance fraud detection

Financial technology solutions providers MonetaGo has announced a new partnership with financial services digital transformation firm Tesselate.

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360tf and Ebury partnership to expand to UAE

Ebury, a leading global financial solutions provider, is pleased to announce its partnership with 360tf, one of the pioneers of trade finance facilities in the UAE region.

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HSBC launches digital trade finance solution

HSBC today announced the launch of HSBC TradePay, an industry first, document free trade finance solution that enables clients to instantly drawdown trade loans and pay suppliers.

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Trade finance and treasury partner network T3i goes live

T3i Partner Network LLP, a global collective of industry-leading specialists in trade, treasury and technology, officially announces its launch with a mission to drive success in the trade finance and treasury landscape.

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Surecomp turns to Pelican AI to streamline trade documenation

Surecomp today announced that it is partnering with Pelican AI, a global provider of AI-powered financial crime and compliance solutions, as part of a collaborative vision to drive the digital transformation of trade-based risk management.

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Channel provides funding to cross-border fintech Tint Financial Services

Channel, an alternative investment fund manager specialising in technology-driven trade finance and B2B lending, today announced that it has provided funding to support lending activity at Tint Financial Services (Tint), a new fintech platform providing cross-border trade finance.

/payments

Walbing receives Payment Service licence from BaFin

The B2B FinTech company, WALBING, has obtained a Payment Service License from the German Federal Financial Supervisory Authority.

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Absa CIB joins Contour trade finance network

Contour, the leading digital trade finance network, announced that leading Pan-African bank, Absa Corporate and Investment Bank (CIB), is the first African bank to officially join its growing production network.

/Trade finance

MUFG joins Contour trade finance network

Contour, the leading digital trade finance network, announced today that the Singapore office of MUFG Bank (MUFG), Japan’s premier bank is joining its growing digital network.

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Surecomp and ICE Digital Trade cement partnership to drive electronic trade document exchange

Surecomp today announced a strategic partnership with ICE Digital Trade, formerly known as essDOCS, to drive expanded digital trade finance capabilities for corporates, banks and other financial institutions.

/Trade finance

Consortium delivers cross-border quantum-secure digital trade transaction

An international consortium of industry and technical experts, supported by government, business and other organisations have completed the world’s first quantum-secure cross-border electronic trade document transaction, delivering a verifiable, secure, and legally recognisable solution for future digital trade transactions.

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BIS Project Dynamo develops smart contract prototype for SME finance

A new prototype developed as part of Project Dynamo explored how institutional investors can be encouraged to finance small and medium-sized enterprises (SMEs) through the programmability and transferability of digital trade tokens on a public blockchain.

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Mitigram raises $11 million in latest funding round

Mitigram, the leading digital platform in global trade financing, today announces it has secured an additional $11m from its latest funding round, bringing the total amount raised to $38m.

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Standard Bank partners DP World to expand trade finance in Africa

Standard Bank, the largest bank in Africa by assets, has partnered with DP World, a global leader in supply chain solutions, to offer trade finance solutions jointly with DP World Trade Finance. This partnership will help in closing the gap in unmet demand for working capital on the continent.

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MonetaGo partners with Lloyd’s List Intelligence to authenticate trade finance documents

Financial technology solutions provider MonetaGo has selected Lloyd’s List Intelligence as a data partner to strengthen its real-time interruption of fraudulent trade financing attempts through the authentication of key trade documents.

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Ebury strikes partnership with Financial Intermediary & Broker Association

Global financial services firm Ebury is delighted to announce its new partnership with FIBA – the Financial Intermediary & Broker Association.

/payments

Cashfree Payments and YES BANK to offer international payment collection service to Indian exporters

Cashfree Payments and YES BANK have come together to offer ‘Global Collections’, an international collection service for exporters, who are account holders of YES BANK.

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Accelerated Payments releases new trade finance product

Accelerated Payments, the international leader in end-to-end working capital solutions, today announced the launch of its revolutionary trade finance product, AP Trade Finance (APTF).

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Bian welcomes 24 new members

BIAN, the independent not-for-profit, is today announcing the 24 new members that joined the organization over the last year, bringing the total number of members to 84.

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Surecomp hires Finastra's Tal Weiser as chief revenue officer

Surecomp today announced the appointment of Tal Weiser as Chief Revenue Officer to accelerate digital trade finance adoption and support the company’s growth objectives.

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