Trade finance

420 articles tagged with this keyword

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Finastra connects with Contour for digital trade finance

Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their data through either platform, providing banks with increased efficiency and faster turnaround times when processing Letter of Credit transactions. Ultimately, it opens the door for increased access to trade finance and stronger returns for banks.

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HSBC launches trade finance platform in UK and Hong Kong

HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets - the UK and Hong Kong. While making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will power commerce that is rapidly evolving across different platforms and ecosystems.

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Newgen ships low code trade finance platform for banks

Newgen Software, a leading global provider of digital transformation products, launched the world’s first low code Trade Finance platform at the recent customer meet in Mumbai, India.

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Standard Chartered tests solution to mitigate duplicate trade finance fraud risk

Standard Chartered has successfully completed an industry-first pilot testing of the Trade Financing Validation Service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on a global scale.

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Vietnam's BIDV selects Surecomp trade finance suite

Surecomp today announced that the Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, has gone live with its DOKA™ and allNETT™ solutions to fully digitize trade finance processing.

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UOB and Doxa team up to digitise trade financing and procurement

UOB and Doxa are collaborating to enable companies to move their procurement and trade financing processes online. They signed a Memorandum of Understanding (MOU) today with their client Kimly Construction Private Limited (Kimly Construction), for the execution of the trio’s first green trade finance transaction together.

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Sonovate taps Demica for trade reporting

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced a new partnership with Demica, the market-leading trade finance fintech, to enhance its reporting processes so it can continue to support thousands of business customers globally.

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Deutsche Bank taps Traydstream to automate document checking for trade finance products

Deutsche Bank and Traydstream have been working together since July 2021 with a detailed pilot of the Traydstream automated trade document checking platform.

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TradeSun and Coriolis Technologies partner for ESG scoring of trade transactions

TradeSun, a technology company leveraging artificial intelligence for trade compliance and automation, and Coriolis Technologies, a leading trade data and analytics provider, have partnered to launch an integrated solution for banks to measure and verify environmental, social and governance (ESG) performance across trade transactions.

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Sumsub offers traders a KYC guide

Sumsub, a tech company that helps businesses stay compliant and fight digital fraud, has recently published its: “KYC guide for trading industry: balancing compliance and pass rates”.

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Tradeteq opens marketplace for secondary trading of trade finance assets

Tradeteq, the technology provider for illiquid credit distribution, has launched Tradeteq Access Lite, the first ever marketplace for buy-side investors to participate in the secondary trading of trade finance assets.

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Tradeweb unveils Spotlight Dealer Diversity Programme

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the launch of its Spotlight Dealer Diversity Programme (‘Spotlight Programme’), designed to promote diverse dealers on the Tradeweb platform. Tradeweb made the announcement today at the 2022 Fixed Income Leaders Summit in Nashville, TN.

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Surecomp signs DZ Bank to collaborative trade finance platform

Surecomp today announced that two financial institutions have subscribed to its newly launched RIVO™ platform for collaborative trade finance. DZ Bank is the first bank to sign-up, alongside the leading provider of guarantee insurance in the Nordics.

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Ceviant goes live in Nigeria

Ceviant, the UK-based fintech platform offering transformative cash management solutions for emerging market businesses, today announces it has launched in its first emerging market, Nigeria, as it goes live with its website

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No-code vendor Unqork signs trade finance platform Triterras

Triterras Inc. (OTC Expert Market: TRIRF), a leading fintech company focused on trade and trade finance, and Unqork, the leading no-code enterprise application platform, today announced they have entered a partnership to further digitize global trade finance.

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SGTraDex launches digital data exchange to tackle supply chain inefficiencies

The Singapore Trade Data Exchange (SGTraDex), a public-private initiative, was launched today on the sidelines of Asia Tech x Singapore (ATxSG) 2022 by Minister for Communications and Information, and Minister in-charge of Smart Nation and Cybersecurity Mrs Josephine Teo.

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TradeSun appoints JPMorgan's Bhumish Shah as CTO

TradeSun has hired Bhumish Shah as Chief Technology Officer to lead technology as the company continues its rapid global expansion.

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Surecomp unveils trade finance platform Rivo

Surecomp today announced the launch of its new collaborative trade finance platform RIVO, bringing together an ecosystem of corporates, financial institutions and fintechs.

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Contour collaborates with TradeLens

Contour, the global digital trade financenetwork has today announced its collaboration with TradeLens, a blockchain-based supply chain platform that enables the secure and transparent transfer of electronic Bills of Lading (eBL).

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HSBC appoints new global trade and receivables finance head

HSBC has appointed Vivek Ramachandran as Head of Global Trade and Receivables Finance (GTRF), with immediate effect.