Trade finance

219 articles tagged with this keyword

/startups

SocGen launches payment and transaction banking accelerator programme

Societe Generale has launched an accelerator programme for startups working in trade finance cash management, factoring and correspondent banking.

/wholesale

NextGen Nordics: Danske Bank announces Trade AI app

Ahead of our NextGen Nordics conference on the 27th of April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

/wholesale

Big Data, DLT, IoT and AI set to transform trade supply chains - Commerzbank

Commerzbank claims that international trade and supply chains have reached a technological inflection point, with emerging technologies in Big data, blockchain, Internet of Things and artifical intelligence set to overturn long-established practices.

/wholesale

Standard Chartered and Linklogis team on trade finance platform

Standard Chartered and Chinese blockchain-enabled supply chain financing platform Linklogis have formed a joint venture to build a trade finance origination and distribution platform.

/regulation

UK to restructure data policy and underpin innovation post-Brexit

Oliver Dowden, the UK Secretary of State for Digital, Culture, Media and Sport, has announced that new ‘data adequacy’ partnerships will be struck with the likes of the US, Australia, and the Republic of Korea.

/wholesale

BBVA taps into Ant's Trusple blockchain platform

BBVA has inked a deal to integrate cross-border payment and financing services in Ant Group's blockchain platform for global trade, Trusple.

/payments

Standard Chartered to offer escrow-as-a-service in tandem with Tazapay and Proxtera

Standard Chartered has signed a memorandum of understanding (MoU) with payments startup Tazapay to deliver digital escrow services to buyers and sellers looking to trade globally on Proxtera, a business-to-business marketplace network.

/sustainable

Sustainable Finance Live: How to value nature and better assess financial risk

On 11th May, Finextra hosted the first workshop of its two-day virtual event, Sustainable Finance Live. The interactive session brought together expert investors and asset managers to explore how to build a portfolio that effectively supports biodiversity, natural capital, and ecosystem services.

/payments

DBS completes first trade transaction on Ant Group's Trusple blockchain

DBS is the first Asian bank to successfully close a trade financing transaction on Ant Group's blockchain platform Trusple.

/sustainable

Swift and ICC bid to create industry standard for ESG due diligence

Swift's KYC Registry has become the first market utility to embed the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, making it easier for financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.

/wholesale

SEB trials secure data sharing tech for Letters of Credit

Nordic bank SEB has teamed up with Finnish industrial group Wärtsilä on a secure data sharing experiment involving the exchange of digital Letters of Credit.

/wealth

InvestCloud accelerates past $1bn valuation

InvestCloud has completed a recapitalisation that values the wealth platform at $1 billion. As part of the deal, two additional businesses are being rolled into InvestCloud, immediately pushing the valuation of the combined business up over $2 billion.

/sustainable

Sustainable Finance Live: Using real-time measurement of climate change to address risk

Finextra Research and Responsible Risk today hosted Sustainable Finance Live, the second virtual workshop in a series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.

/sustainable

Coutts MD: Sustainability is about ‘unpeeling’ investment decision making

Mohammad Kamal Syed, managing director and head of investment management at Coutts & Co, tells Finextra Research of the ‘root and branch uplift’ in the firm’s investment decision making to address ESG goals.

/payments

Icici lets firms access trade finance services via WhatsApp

Customers of India's Icici Bank can now create fixed deposits, pay utility bills and access trade finance services through WhatsApp,

/payments

Standard Chartered and DBS to set up blockchain-based Trade Finance Registry

Standard Chartered and DBS, with the support of 12 other banks, have kicked off a project that will use a blockchain network to register trade finance transactions.

/covid-19

Sibos 2020: World should have been prepared for the pandemic - Jamie Dimon

The world was not prepared for a global pandemic like Covid-19 but it should have been, according to Jamie Dimon, CEO of JPMorgan.

/payments

2010 revisited: Looking beyond the traditional negotiated financial crisis

As Sibos 2020 approaches, we look back to some of the predictions and forecasts made in 2010 and pick through what other lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.

/cloud

What will drive capital markets firms to migrate to cloud in 2020 and beyond?

Legacy infrastructure cannot keep pace with the continuous automation, changing regulatory demands, dynamic market conditions and growing customer expectations in the financial services industry today, particularly in capital markets. Firms have started to realise the opportunities that come with cloud, redesigning operating models and implementing cost-saving measures to increase efficiency.

/sustainable

UN Secretary-General: Digital finance is the optimal channel to deliver long-term financing of SDGs

The UN Secretary-General’s Task Force on Digital Finance has today launched an Action Agenda that justifies how harnessing digitalisation can empower citizens to be in control of their finances. This will in turn ultimately align with the needs collectively manifested in the Sustainable Development Goals (SDGs).