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

Approaching Trade Finance From The Payables Side
Approaching Trade Finance From The Payables Side
March 13, 2020  |  B2B Payments

Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their...

READ MORE >
Emirates NBD Digitizes Trade Finance With LiquidX
Emirates NBD Digitizes Trade Finance With LiquidX
March 09, 2020  |  B2B Payments

Emirates NBD, a leader in the Middle East, North Africa and Turkey (MENAT) region, has joined the LiquidX network, the latest in an increasing number...

READ MORE >
Contour Emerges As Latest Blockchain Trade Finance Tool
Contour Emerges As Latest Blockchain Trade Finance Tool
March 09, 2020  |  B2B Payments

Eight banks — including HSBC and Standard Chartered — are ready to launch the Contour blockchain trade finance platform in Hong Kong, reports indicated on...

READ MORE >
UPS Aims To Deliver Not Just Merchandise, But Trade Financing, Too
UPS Aims To Deliver Not Just Merchandise, But Trade Financing, Too
March 05, 2020  |  B2B Payments

Advancements in logistics and supply chain technology mean the risks of getting goods from Point A to Point B are lower than ever — even...

READ MORE >
What New Payment Rails Miss About Solving B2B’s Remittance Challenge
What New Payment Rails Miss About Solving B2B’s Remittance Challenge
February 25, 2020  |  B2B Payments

B2B payments’ innovation trajectory continues to accelerate as more end-point solutions emerge to improve the vast number of friction points in the industry. New technology...

READ MORE >
Citi Joins Trade Finance Network
Citi Joins Trade Finance Network
February 20, 2020  |  B2B Payments

Citi is signing on to Contour’s blockchain-driven trade finance network, Contour announced in a press release on Sunday (Feb. 16). The bank joins numerous banking giants...

READ MORE >
Augmenting Trust With Technology In Global Trade Finance
Augmenting Trust With Technology In Global Trade Finance
February 11, 2020  |  B2B Payments

In cross-border trade, trust has historically been a critical part of the equation. Corporate buyers must trust that their suppliers will deliver what they promised....

READ MORE >
What India’s Tax Reform Means For Trade Finance Fraud
What India’s Tax Reform Means For Trade Finance Fraud
February 10, 2020  |  B2B Payments

India recently embarked on an electronic invoice mandate initiative, with the Central Board of Indirect Taxes and Custom (CBIC) introducing rules that require eInvoice adoption...

READ MORE >
komgo Acquires Digital Platform TRAFEC
komgo Acquires Digital Platform TRAFEC
February 07, 2020  |  B2B Payments

Trade finance software company komgo has acquired the Trade Finance Exchange Console (TRAFEC), according to a press release.  TRAFEC was developed by the Swiss association...

READ MORE >