ITFA’s digital trade initiative scores first success
The China Systems and Enigio integration digitises trade document flows.
Financial Supply Chain Platforms
Background
The trade and financial supply chain platforms provide the linkage between the buyer and their suppliers. The four types of platform have very different focus and coverage of the basic functions in…
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Blockchain principles launched to preserve and protect user rights
The World Economic Forum has put forward 16 user rights that represent its foundational values for a decentralised future.
More traction for trade digitisation
On the vendor side, both Bolero and China Systems have highlighted the increasing digitisation that is flourishing in the trade space.
Can the pandemic be a catalyst for global trade digitisation?
Temporary concessions to digital trade instruments during the pandemic offer a tantalising glimpse at what could be.
Digital trade finance hits new milestones
Baosteel and Rio Tinto complete first deal on Contour, while Traydstream integrates with Finacle TradeConnect.
Industry roundup: 11 May
News in brief covering supply chain finance, digital payments, invoice payments and more.
CTMcast - 7 May 2020: State of corporate treasury, Ethical Payments Forum, & treasury systems future
Jack, Ben and Paul Stheeman review CTMfile’s posts over the last week
Industry roundup: 30 April
News in brief from BankiFi, Refinitiv, and Schneider.
Digital banking channels embraced by corporates
Digital channels, whether for account opening, trade financing or supplier onboarding, are increasingly essential.
It’s quantum, baby! Trade finance technology leaps ahead
Partnerships between Taulia and J.P. Morgan, and Singapore Management University and Tradeteq, show how the space is pushing forward.
ICC looks to digital to ease trade finance market disruptions
Guidance calls on governments and central banks to immediately void the legal requirement for paper-based documentation.
Industry roundup: 17 April
News in brief featuring a ranking of the best FX banks, Facebook's Libra applying for a payments licence, and Danone selecting C2FO.
CTMcast - 2 April 2020: Review of COVID-19 crisis and other posts
Jack and Ben reviewed last two week’s stories
Contour partners with Chinsay to enhance trade finance offering
The two worked together on a fully integrated paperless trade between Cargill and Rio Tinto.
Tradeshift launches supply chain seller engagement platform
Tradeshift Engage is designed to accelerate full supply chain digitisation with seller-focused incentives.
Corda and Skuchain target trade finance interoperability
An application from Skuchain brokers a connection between Hyperledger Fabric and the Corda Network.
SAP and Goldman Sachs target global payments innovation on Ariba Network
The pair aim to make it simpler and less costly for buyers to pay foreign suppliers in local currencies.
Santander acquires majority stake in Mercury TFS
The company digitises and automates the end-to-end management of trade finance transactions.
Crédit Agricole CIB joins Marco Polo Network
Following an evaluation period in 2019, the bank is entering a pilot phase on the Marco Polo Network.
Taking the paying out of life and business
Payment systems disappear as services and ecosystems takeover
Standard Chartered joins TradeLens
The blockchain-enabled digital shipping platform has been jointly developed by A.P. Moller - Maersk and IBM.
SWIFT working on digitised trade instruments
The global financial messaging provider is working with trade banks to digitise documentary trade finance.
ICC launches Digital Trade Standards Initiative
The initiative aims to facilitate interoperability among the variety of new blockchain-based networks and trade platforms.
Trade finance partnerships increase options for corporates
ITFA and TFD Initiative target secondary trade finance market, while Contour and TradeCloud expand digital LC offering.