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 moreby Kylene Casanova
IFC, a member of the World Bank Group, and Citi announced today the signing of a $1 billion risk-sharing facility to stimulate the growth of trade in emerging markets, driving job creation and economic development.
by Kylene Casanova
Bank of America Merrill Lynch today unveiled its online supply chain finance module in Trade Pro. The new module, Trade Pro Supply Chain Finance, offers buyers and suppliers around the world a collaborative tool and
by Kylene Casanova
BofA Merrill Lynch today unveiled its on-line supply chain finance module available on Trade Pro. Launched in March this year, Trade Pro is the trade processing application within CashPro® on-line, the online bankin
by Kylene Casanova
The African Development Bank (AfDB) Group, Citi and International Finance Corporation (IFC), a member of the World Bank Group, have agreed to provide a US$175m three-year revolving credit facility covering short ter
by Kylene Casanova
Marie-Christine Diaz, SWIFT in her excellent and comprehensive presentation 'BPO - a corporate perspect on supply chain finance' described how the limitations of the existing instruments payment and risk mitigation
by Kylene Casanova
Standard Chartered Bank has released a new build for its Straight2Bank Mobile that provides corporates with greater efficiencies around working capital management through on-demand oversight of accounts, better cash
by Kylene Casanova
Alcatel-Lucent implemented Surecomp's COR-TF multi-bank corporate trade finance platform, in December 2011, to:
by Kylene Casanova
Citigroup has created a new commodity trade division to conduct business in Europe as it seeks to take advantage of the decisions of several other banks to reduce exposure to the area, the Financial Times reports.
by Kylene Casanova
Thomson Reuters has added tropical weather insight and analytics to its flagship information desktop, Thomson Reuters Eikon, to help financial markets professionals better understand the influence weather may have u
by Kylene Casanova
Visa Inc. and U.S. Bancorp set up Syncada in July 2009 – a joint venture providing a business-to-business (B2B) network for corporations and governments to process and track invoices, make and receive payments aroun
by Kylene Casanova
Today Citi launched Trade Advisor - Mobile, new functionality, on their CitiDirect BESM Mobile platform that allows trade clients to access Trade Advisor on their mobile phones. Trade Advisor, currently available th
by Kylene Casanova
Already a leading escrow provider in the United States and Europe, JP Morgan treasury services have launched new escrow services in South Africa to help clients mitigate counterparty risk.
by Kylene Casanova
EMEA is the second largest trade partner with China, and the European market has been quick to adopt RMB denominated transactions. (According to the SWIFT RMB Tracker, Europe currently represents 47% of RMB global p
by Kylene Casanova
Standard Chartered Bank today announced that it had facilitated the first end-to-end automated trade finance transaction with the Bank Payment Obligation (BPO) through its Straight2Bank platform.
by Kylene Casanova
Wells Fargo has added mobile to their TradeXchange online tool for preparing, receiving, and managing your letters of credit, documentary collections, and open account transactions.
by Kylene Casanova
Kyriba, a supplier of fully web-based cloud based corporate treasury automation solutions, opened a London office in early 2012.
by Kylene Casanova
1. Talk to them All the time, not just once a quarter. You'll get a excellent feel for what is going on. Build good relationships and trust. Suppliers remember companies which have been good to them.
by Kylene Casanova
The BPO is an irrevocable (conditional) obligation of an obligor bank to pay a specified amount to a recipient's bank as soon as matching occurs between the data extracted from different trade documents such as an i
by Kylene Casanova
US collaborative business commerce and e-invoicing services provider Ariba has entered an agreement with Microsoft to make it easier connection to the Ariba Network.
by Kylene Casanova
BofA Merrill’s new Trade Pro portal launched today will be available through CashPro® Online, the bank's treasury management and on-line banking channel.
by Kylene Casanova
Faster, smarter sourcing decisions and the savings and efficiencies are no longer the exclusive domain of large corporations. The number of suppliers on your network is a key differentiator between the Supply Chain
by Kylene Casanova
In an excellent presentation at the AFP's Annual Conference, in November 2011, on managing corporate credit risk, Phil Burch, CFO Nichols Brothers, Inc. and George Garner, President CrediPoint Software, showed the h
by Kylene Casanova
Peter Davidsson, Whirlpool's European Treasury Director, gave an important presentation at Eurofinance's October 2011 International Conference in Rome
by Kylene Casanova
Receivables based financing has been growing rapidly world-wide with facilities being made available, mainly to medium/small companies and far less to the large companies.
