Trade finance

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/Trade finance

Isbank Germany licenses Surecomp trade finance package

Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has licensed Surecomp’s state-of-the-art DOKA 5® trade finance system.

/Trade finance

On Deck expands in Canada

On Deck Capital, Inc. (ONDK), a leading platform for small business loans, announced today it has expanded its small business lending services in Canada.

/Trade finance

Singapore based P2P lending platform Capital Match goes live

We are pleased to announce the launch of Capital Match, a homegrown Singapore-based peer-to-peer (P2P) lending platform that helps Singapore SMEs obtain loans financed by individual investors.

/Trade finance

Prosper Marketplace and On Deck Capital team up on loan provision

Prosper Marketplace, which operates the largest privately held online marketplace for credit, and On Deck Capital, Inc. (ONDK), a leading platform for small business loans, today jointly announced a strategic partnership aimed at helping both people and businesses find the loan that best meets their needs.

/Trade finance

PrimeRevenue completes $80 million financing round

PrimeRevenue, Inc., the global leader in SaaS-based working capital finance solutions, announced today the successful completion of an $80 million financing round co-led by BBH Capital Partners (BBHCP), a private equity firm sponsored by Brown Brothers Harriman & Co. and Battery Ventures, a global investment firm.

/Trade finance

Broadridge launches trade expense managed service

Broadridge Financial Solutions, Inc. (NYSE:BR) has launched a new managed service offering to help capital markets firms streamline and automate the costly and increasingly complex area of trade expense management.

/Trade finance

New appointments at Etrali

Brad Gorton and Paul Klebinder have been appointed managing directors of the UK & Ireland, and France & Italy, respectively at Etrali Trading Solutions, a voice-based trading software, compliance and communications company.

/Trade finance

Swift Nordics Conference - Live Blog Day 2

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

/Trade finance

Swift Nordics Conference - Live Blog Day 1

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

/Trade finance

Finovate Europe 2015 - Day 2 Roundup

The second and final day of Finovate Europe saw 32 startups take the stage to try and impress a packed crowd of fintech VCs, journalists, bankers and experts. PFM, mobile payments and wealth management all made an appearance, often to a critical audience - while other firms attempted to push the boundaries of fintech, causing a huge buzz within Old Billingsgate and on social media.

/Trade finance

North American banks disillusioned with big data analytics - Aite survey

Despite the hype surrounding big data, three quarters of North American bankers are dissatisfied with analytics technology, according to research from Aite Group.

/Trade finance

Trade finance firm Ebury hits £2 million lending milestone

Ebury, the fast-growing fintech company that enables UK SMEs to trade and transact internationally, is pleased to announce a record number of transactions on the Ebury lending platform and the launch of a new partnership programme.

/Trade finance

UniCredit and Bank of Tokyo-Mitsubishi complete first Germany/Japan BPO deal

UniCredit Bank AG and Bank of Tokyo-Mitsubishi have processed the first BPO (Bank Payment Obligation) deal ever between Germany and Japan which is for a transaction between Töging (south of Munich) based RVT Rühr- und Verfahrenstechnik (RVT), a leading producer of industrial mixers, and Mitsui & Co. Plant Systems (MPS), a provider of plants, facilities and equipment to the infrastructure and basic industrial sector in Japan.

/Trade finance

Misys and Fircosoft form financial crime alliance

Misys has formed an alliance with FircoSoft, the leading global provider of watch list filtering solutions.

/Trade finance

Surecomp SCF-PRO gets Swift supply chain finance label

Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that SCF-PRO®, its innovative supply chain finance solution for banks and corporations, has been awarded the “SWIFT Certified Application – Supply Chain Finance” label.

/Trade finance

RBS settles loan software copyright suit

The Royal Bank of Scotland has reached a settlement that lets it use critical trade finance software from vendor Complex Systems that a US judge had banned it from over copyright infringement.

/Trade finance

Judge orders RBS to stop using loan software

A US judge has ordered RBS to stop using critical trade finance software from vendor Complex Systems, according to the Financial Times.

/Trade finance

Banking associations seek supply chain finance consensus

Five leading business associations have joined forces with the International Chamber of Commerce (ICC) Banking Commission to undertake a major project to harmonise market terminology for global supply chain finance products and services.

/Trade finance

Swift Business Forum - London 2014 - Live Blog

Welcome to Finextra's live blog from the Swift Business Forum, London 2014, which was held Monday at the Brewery venue in the City of London, UK. This fourth instalment of the financial services Forum in the UK capital is entitled 'Doing good business in an era of re-regulation'.

/Trade finance

Live Blog: Swift Nordics Regional Conference 2013

Compliance and beyond: navigating challenges and exploring opportunities in the Nordic financial landscape