It’s quantum, baby! Trade finance technology leaps ahead
by Ben Poole
Partnerships between Taulia and J.P. Morgan, and Singapore Management University and Tradeteq, show how the space is pushing forward.
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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ICC looks to digital to ease trade finance market disruptions
by Ben Poole
Guidance calls on governments and central banks to immediately void the legal requirement for paper-based documentation.
Industry roundup: 17 April 2020
by Ben Poole
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
by Jack Large
Jack and Ben reviewed last two week’s stories
Contour partners with Chinsay to enhance trade finance offering
by Ben Poole
The two worked together on a fully integrated paperless trade between Cargill and Rio Tinto.
Tradeshift launches supply chain seller engagement platform
by Ben Poole
Tradeshift Engage is designed to accelerate full supply chain digitisation with seller-focused incentives.
Corda and Skuchain target trade finance interoperability
by Ben Poole
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
by Ben Poole
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
by Ben Poole
The company digitises and automates the end-to-end management of trade finance transactions.
Crédit Agricole CIB joins Marco Polo Network
by Ben Poole
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
by Jack Large
Payment systems disappear as services and ecosystems takeover
Standard Chartered joins TradeLens
by Ben Poole
The blockchain-enabled digital shipping platform has been jointly developed by A.P. Moller - Maersk and IBM.
SWIFT working on digitised trade instruments
by Ben Poole
The global financial messaging provider is working with trade banks to digitise documentary trade finance.
ICC launches Digital Trade Standards Initiative
by Ben Poole
The initiative aims to facilitate interoperability among the variety of new blockchain-based networks and trade platforms.
Trade finance partnerships increase options for corporates
by Ben Poole
ITFA and TFD Initiative target secondary trade finance market, while Contour and TradeCloud expand digital LC offering.
Coronavirus – 10 tips for managing legal risk from global supply chain disruption
by Ben Poole
Sidley Austin has issued tips for dealing with supply chain disruption and making companies virus-fit for the future.
OCBC Bank scores initial use of Singapore Customs’ electronic banker’s guarantee programme
by Ben Poole
The electronic banker's guarantee was issued by OCBC Bank on behalf of vCargo Cloud.
DBS completes first trade financing transaction on CamelONE Trade Finance portal
by Ben Poole
The bank has also issued a number of relief measures to help Singaporean corporates manage the coronavirus situation.
Citi joins Contour trade finance network
by Ben Poole
The announcement comes as Contour moved into full commercialisation last month following two years of pilots in 14 countries.
Taking the rough with the smooth: Innovating the trade finance industry
by Carl Wegner , CEO, Contour
How trade finance sector can be a core example of how technology can bring a new level of trust & transparency to global supply chains
CTMcast - 13 February 2020 : Review of key recent posts
by Jack Large
Jack and Ben were joined on this CTMcast by Bruce Lynn, Managing Partner, The Financial Executives Consulting Group
Bolero launches trade digitisation platform
by Ben Poole
The Galileo platform includes an advanced user interface, rich functionality and flexible integration.
Tectonic shifts identified in global supply chains
by Ben Poole
A BofA Global Research report shows that supply chains for 'global' sectors with US$22 trillion in market cap are moving.
Standard Chartered partners with Infor on supply chain liquidity
by Ben Poole
The strategic agreement will introduce the Infor Nexus network to the bank’s clients to digitise the financial supply chain.