Trade and Development Bank closes live end-to-end trade finance transaction using blockchain
by Ben Poole
Over 50,000 metric tonnes of sugar moved from Asia to Africa, with dltledgers as blockchain partner and Agrocorp as trading company.
Home » Sections » Trade & FSC Management
Trade & FSC Management
Background
Trade financing is available for buyers and suppliers in all the phases and processes in the supply chain as the figure below shows: Financing the Supply Chain Source: Paul Robinson, HSBC There are two types of trade finance: supplier-centric and buyer-centric. Supplier-Centric Finance The main types… Read more about Trade & FSC Management
eTradeConnect works with CargoSmart and PwC on global trade finance concepts
by Ben Poole
The two collaborations are designed to create a digital trade finance ecosystem.
DBS and Trafigura collaborate with IMDA on open-sourced blockchain trade platform
by Ben Poole
It should cut end-to-end trade document transit time from 45 to 20 days.
Fineon Exchange and Aon partner on credit insurance for exports
by Ben Poole
Exporters and funders can access bespoke credit insurance to help facilitate cross-border trade finance.
Firms confident despite trade tensions, HSBC survey finds
by Ben Poole
Nearly half of companies are more optimistic than they were in 2018, despite uncertainty over US-China trade relations and Brexit.
Citi Supplier Finance launches with WorldLink Payment Services
by Ben Poole
The virtual interface allows the bank's clients to transact across multiple major currencies for settlement.
Asia’s finance professionals identify potential global recession as top business risk
by Ben Poole
The J.P. Morgan survey saw nearly one-third (30%) select global recession as their main worry.
Incomlend agrees partnership with CMA CGM for Shipfin Trade Finance solution
by Ben Poole
CMA CGM's clients can benefit from more automated processes, dynamic dashboards and trade funding possibilities.
BExA launches the 10th annual benchmarking report on UK export finance
by Ben Poole
The paper notes that UKEF’s product range has widened considerably over the past decade, but has room for more innovation.
Alfa-Bank and NLMK in pilot transaction with Commerzbank and Vesuvius via Marco Polo
by Ben Poole
The transaction marks the first Russian-German import-export operations financing project on the Marco Polo network.
EuroFinance 2019 preview
by Ben Poole
Next week in Copenhagen, EuroFinance 2019 shines a spotlight on 'the resilient treasury'.
Asian Corporates moving to subscription-based access to products and services
by Ben Poole
A Citi survey has found nearly half of corporates in the region think this model will be widespread in three years time.
Fourteen partner banks launch Trade Club Alliance
by Ben Poole
The digital platform, designed to help businesses trade globally, expects to host more than a million businesses worldwide by 2022.
UK supplier relationships more mutually beneficial than five years ago
by Ben Poole
Seven in ten corporates are looking for longer-term supplier relationships than half a decade ago.
Standard Chartered Trade20 index reveals the rising stars of global trade
by Ben Poole
Côte d’Ivoire, Kenya and Ireland join India and China in the top five of 20 markets with the greatest potential for future trade growth
Trade Information Network officially established
by Ben Poole
The platform build is complete and the network is ready to pilot with banks and corporates.
Daimler and Dürr execute a commercial trade transaction with LBBW via Corda
by Ben Poole
The underlying transaction between the two involved the order and delivery agreement for a balancing system from a Dürr subsidiary.
Lloyds Bank joins komgo to speed up international commodities trade finance
by Ben Poole
The bank says the partnership will shorten the time it takes corporate clients to trade internationally.
Emirates NBD launches smartTRADE portal for trade finance
by Ben Poole
New portal offers enhanced and quicker services for transaction banking clients.
Bank of America joins the Marco Polo Network
by Ben Poole
The move should further increase the reach of the distributed trade finance platform.
DBS launches multi-tier financing facility on blockchain for Chinese SMEs
by Ben Poole
The facility will allow the bank to provide digital trade financing to more than 1,000 suppliers within 24 hours.
Citi launches transaction banking fintech challenge
by Ben Poole
The bank is looking for fresh ideas to transform the way it works and drives client value.
ADCB launches real-time trade finance on dltledgers platform
by Ben Poole
The initial financing supported the physical trade of goods from Canada to Bangladesh.
Tradeteq’s credit scoring system goes live on Singapore’s National Trade Platform
by Ben Poole
Digitised National Trade Platform expected to increase the ability of corporations to access financing to support their trade flows.