Finding solutions to supply chain stresses
by Ben Poole
With pandemic pressure ramping up on global supply chains, large corporates and smaller suppliers are looking for answers.
Trade Finance
Background
Trade finance helps to make international supply chains work smoothly and efficiently. Finance costs in the supply chain can be material. As a general principle, supply chains are most efficient when…
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Deutsche Bank goes back to basics with new Guide to Trade Finance
by Jack Large
Deutsche Bank has released its Guide to Trade Finance, outlining the fundamental practices and rules critical to the trade finance
Digital trade finance hits new milestones
by Ben Poole
Baosteel and Rio Tinto complete first deal on Contour, while Traydstream integrates with Finacle TradeConnect.
Instant payments to free up liquidity in Denmark
by Ben Poole
The country's Export Credit Agency and Tradeshift have partnered to unlock liquidity in the supply chain.
Digital banking channels embraced by corporates
by Ben Poole
Digital channels, whether for account opening, trade financing or supplier onboarding, are increasingly essential.
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.
CTMcast - 23 April 2020: How corporate treasury is going back to basics
by Jack Large
Jack and Ben review last two week’s posts and discussions
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.
83% of UK, US and Chinese firms considering alternative trade finance providers
by Ben Poole
Firms are looking for providers that can arrange access to faster and more agile funding to help navigate the effects of COVID-19.
Industry roundup: 20 April 2020
by Ben Poole
News in brief featuring Abu Dhabi Islamic Bank, Taulia, Nice Actimize, and Funding Circle.
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.
Corda and Skuchain target trade finance interoperability
by Ben Poole
An application from Skuchain brokers a connection between Hyperledger Fabric and the Corda Network.
HSBC partners with Alibaba’s Cainiao to offer quick trade financing
by Ben Poole
Seven-day approvals for trade financing loans of up to US$500,000 will be offered to Tmall merchants in Hong Kong.
RMB cracks top 5 currency ranking for global payments volume
by Ben Poole
SWIFT's latest RMB Tracker statistics show the continued global growth of the Chinese currency.
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.
SWIFT working on digitised trade instruments
by Ben Poole
The global financial messaging provider is working with trade banks to digitise documentary trade finance.
LiquidX partners with Emirates NBD to expand trade finance presence
by Ben Poole
The partnership will focus on driving innovation in transaction banking.
Oil price war and coronavirus: global recession is almost inevitable
by Jack Large
Nigel Green, chief executive and founder of deVere Group ponders global future
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.
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.
ING selects Tradeteq to distribute commodity trade finance exposure to non-bank investors
by Ben Poole
Global investment manager Federated Hermes is also using the platform.