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

Validis Automates Data Collection For Invoice Financiers
Validis Automates Data Collection For Invoice Financiers
February 08, 2019  |  B2B Payments

Financial data technology firm Validis is rolling out a new solution designed to automate month-end reconciliation processes for small business lenders and invoice financing firms....

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Surecomp Creates Trade Finance API Platform
Surecomp Creates Trade Finance API Platform
February 06, 2019  |  B2B Payments

Trade finance FinTech Surecomp is rolling out an API platform for the industry aimed at accelerating trade finance industry players’ adoption and integration of technology....

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StanChart Next To Complete Blockchain Transaction
StanChart Next To Complete Blockchain Transaction
January 25, 2019  |  B2B Payments

Standard Chartered is the latest financial institution to have completed a trade finance transaction via blockchain, the bank announced Thursday (Jan. 24). Reports in Business...

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GE Capital Exits Trade Finance With MUFG Acquisition
GE Capital Exits Trade Finance With MUFG Acquisition
January 17, 2019  |  B2B Payments

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an...

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Blockchain Makes Inroads Into Banking
Blockchain Makes Inroads Into Banking
January 16, 2019  |  B2B Payments

Banks are giving the nod to blockchain to aid in speeding trade finance, especially in Asia, where the government and industry associations have launched efforts. Elsewhere,...

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Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
January 16, 2019  |  B2B Payments

Amid a global market with a massive lack of trade finance accessibility, the International Chamber of Commerce (ICC) recently found that banks are growing more bullish...

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AltFin’s Role Evolves In Tense Global Trade Environment
AltFin’s Role Evolves In Tense Global Trade Environment
January 08, 2019  |  B2B Payments

The fallout from ongoing trade tensions between the U.S. and China is likely to be felt on both sides, with analysts expecting the economic impact...

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HSBC China Collabs On Another Blockchain Trade Finance System
HSBC China Collabs On Another Blockchain Trade Finance System
January 08, 2019  |  B2B Payments

The China Banking Association (CBA) is hoping to target smaller banks to expand its blockchain platform developed for the nation’s banking sector, reports in BlockTribune said...

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Bitcoin Daily: China Launches Blockchain For Trade Finance; Coinbase Exec Jumps To Stablecoin
Bitcoin Daily: China Launches Blockchain For Trade Finance; Coinbase Exec Jumps To Stablecoin
January 06, 2019  |  Bitcoin

The China Banking Association (CBA) has announced the launch of a blockchain-based platform for trade finance. A CoinDesk report revealed that more than 10 of...

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