HSBC executes innovatory dual platform blockchain transaction
by Graham Buck
Complementary distributed ledger networks brought together for the first time in the Middle East connect Hong Kong and the UAE
Trade & FSC Management
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…
Read moreLondon-Shanghai Stock Connect is launched
by Graham Buck
The reciprocal arrangement between the two cities’ stock exchanges was first announced in 2015 and is six months late
Moscow blockchain start-up launches supply chain finance platform
by Graham Buck
Russian fintech start-up Factorin has piloted the platform for six months and plans to move into the European Union
Target joins US retail giants exploring blockchain
by Graham Buck
For nearly a year, the Minnesota-based group has quietly worked on a blockchain-powered solution for supply chain management.
Walmart signs up for blockchain to track pharmaceuticals
by Graham Buck
MediLedger’s aim is to establish an “open and decentralised network for the pharmaceutical supply chain.”
More shipping companies join IBM-Maersk blockchain consortium
by Graham Buck
The TradeLens initiative unveiled last August has recruited two new major names from the shipping industry to the platform.
Standard Chartered and IBM Launch Trade AI Engine
by Graham Buck
The solution, for converting non-digital shipping documents into machine-readable format, is live in Asia, Africa and the Middle East.
JDA and KPMG survey finds AI is the most impactful supply chain technology
by Ben Poole
Survey reveals real-time visibility is driving digital supply chain investments enabled by AI, ML and cognitive analytics
Nordea extends we.trade blockchain platform to SMEs
by Graham Buck
Nordea is opening up the co-developed platform to smaller businesses after pilot customers used it for the first live trades last July.
Voltron trade finance consortium gains 50+ members
by Graham Buck
Launched last October by R3 and eight founding member banks, the initiative has gained traction after successful trials.
Starbucks brews up blockchain solutions
by Graham Buck
The coffee chain is working with Microsoft to give consumers more information on each stage of its supply chain.
Standard Bank acquires custody and derivatives business
by Graham Buck
Africa’s largest bank by assets is taking over the portfolio from Legae Peresec, South Africa’s largest securities trading firm.
CGI to develop HSBC’s trade finance technology platform
by Graham Buck
The bank will use the IT consultancy’s Trade360 global trade finance solution.
Citi harness AI for trade finance compliance
by Graham Buck
The group is working with EY and SAS to develop a risk analytics scoring engine based on artificial intelligence.
Partnership promises world’s first digital trade database
by Graham Buck
Coriolis Technologies and the Global Trade Professionals Alliance will focus initially on developing data for the Asia Pacific region.
HSBC and Walmart launch green finance initiative
by Graham Buck
The US retail giant is joining with the bank to target carbon cuts in its supply chain.
Ernst & Young steps up commitment to blockchain
by Graham Buck
The Big Four auditing group is encouraging corporate clients to adopt and launching free software to help them.
Massive trade finance funding gap ‘stunts economic growth’
by Graham Buck
The estimated $1.5 trillion deficit affects development, investment flows and financial inclusion, says BNY Mellon.
India’s Tata settles securities using blockchain
by Graham Buck
Tata Consultancy Services completed a blockchain pilot to create a set of cross-border securities on its BaNCS network
Coriolis and INTIX pool resources on trade finance data
by Graham Buck
The two companies say their partnership will provide banks with deep insights on global trade flows and finance data.
Swift to call time in 2020 on TSU
by Graham Buck
The trade services utility introduced in 2007 is set to be switched off in December next year.
Global risk assessment predicts more geopolitical tensions and protectionism
by Graham Buck
Multinationals must contend with growing geopolitical tensions, protectionism and trade disputes, warns Marsh.
EU seeking accelerated adoption of TIPS
by Graham Buck
The European Commission wants more banks to adopt its TARGET instant payment settlement system.
Export finance set for boost as ECB winds down quantitative easing
by Eriks Atvars , Global Head of Structured Trade & Export Finance, UniCredit Bank
Having coasted slightly since of 2015, market for structured trade & export finance is poised for growth, following a strong 2018