Trade finance

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade.

Source: en.wikipedia.org

InstaPay Debuts Trade Finance Offering For Amazon Merchants
InstaPay Debuts Trade Finance Offering For Amazon Merchants
July 16, 2020  |  B2B Payments

As merchants on Amazon are encountering a high burden because of COVID-19, InstaPay is rolling out a new offering that provides payments to those selling...

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Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
July 14, 2020  |  Banking

When Citigroup and the International Finance Corp. (IFC) teamed up more than a decade ago, the world remained in the midst of an economic crisis...

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Buy Now, Pay Later Targets Trade Finance Deserts
Buy Now, Pay Later Targets Trade Finance Deserts
July 13, 2020  |  B2B Payments

The global trade finance gap now stands at an estimated $1.5 trillion, the Asian Development Bank has calculated, but banks and FinTechs have risen to...

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Sowing The Seeds Of Agriculture Banking Modernization
Sowing The Seeds Of Agriculture Banking Modernization
July 08, 2020  |  B2B Payments

The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began...

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Community Banks Accelerate FinTech Integrations
Community Banks Accelerate FinTech Integrations
July 07, 2020  |  B2B Payments

Build, buy or partner? For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service...

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Surecomp Rolls Out Suite For Tracking Trade Finance Needs
Surecomp Rolls Out Suite For Tracking Trade Finance Needs
July 01, 2020  |  B2B Payments

Surecomp, which works in global trade finance and treasury solutions for banks and corporations, has launched a Trade-Finance-as-a-Service suite to help parties track their trade...

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IFC, Citi Launch $800M Fund To Support Trade Finance In Emerging Markets
IFC, Citi Launch $800M Fund To Support Trade Finance In Emerging Markets
July 01, 2020  |  International

The International Finance Corp. (IFC) and Citigroup Inc. have established an $800 million fund to boost trade finance in emerging markets. IFC, the Washington, D.C.-based global financial...

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FIs Embrace FinTech Collabs With An Eye On Functionality
FIs Embrace FinTech Collabs With An Eye On Functionality
July 01, 2020  |  B2B Payments

In a PYMNTS interview, NICE Actimize Head of Fraud Strategy Rob Tharle shed light on a nasty downside to the proliferation of open banking around...

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Kofax Rolls Out Trade Finance Solution To Automate Workflows
Kofax Rolls Out Trade Finance Solution To Automate Workflows
June 23, 2020  |  B2B Payments

To speed up start-to-finish trade finance process automation, Kofax has rolled out its new Trade Finance Solution with a “low-code” and modifiable structure. The technology...

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