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

R3, iGTB Partner On Corda-Powered Corporate Finance Solutions
R3, iGTB Partner On Corda-Powered Corporate Finance Solutions
October 25, 2018  |  B2B Payments

Banking technology provider iGTB (Intellect Global Transaction Banking) is collaborating with enterprise blockchain software company R3 to develop an array of corporate financial services technologies...

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RBS Allocates $2.6B To Help SMBs Prepare For Brexit
RBS Allocates $2.6B To Help SMBs Prepare For Brexit
October 24, 2018  |  B2B Payments

With fears mounting over supply chain and financial disruptions as a result of Brexit, the Royal Bank of Scotland (RBS) has reportedly set aside a...

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National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
October 23, 2018  |  B2B Payments

The National Bank of Canada, the country’s sixth-largest bank, is collaborating with business consulting and IT company CGI to launch a blockchain-powered trade finance solution....

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Citi, HSBC Join Bank Group In Global Trade Finance Effort
Citi, HSBC Join Bank Group In Global Trade Finance Effort
October 19, 2018  |  B2B Payments

Citi, HSBC and Banco Santander are among seven major global banks that are banding together to form a cross-border trade finance network, Reuters reported Thursday (Oct....

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Standard Chartered, Huawei Turn To IoT For Smarter Trade Finance
Standard Chartered, Huawei Turn To IoT For Smarter Trade Finance
October 17, 2018  |  B2B Payments

Standard Chartered is collaborating with Huawei on enhancing trade finance through Internet of Things (IoT) technology. Reports in Global Trade Review on Wednesday (Oct. 17) said...

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Amex Launches Early Pay For Faster Supplier Payments
Amex Launches Early Pay For Faster Supplier Payments
October 11, 2018  |  B2B Payments

American Express is introducing a new solution to accelerate B2B payments to suppliers. In an announcement Thursday (Oct. 11), American Express said it is launching...

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HSBC, Standard Chartered Undeterred By China Trade Tensions
HSBC, Standard Chartered Undeterred By China Trade Tensions
October 10, 2018  |  B2B Payments

HSBC and Standard Chartered have vowed to continue supporting Chinese companies amid ongoing trade tensions, according to reports Wednesday (October 10). Global Trade Review said...

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Ex-Batavia Members, we.trade Merge Blockchain Trade Finance Efforts
Ex-Batavia Members, we.trade Merge Blockchain Trade Finance Efforts
October 03, 2018  |  B2B Payments

Blockchain trade finance consortium we.trade has grown with the addition of three new bank members, reports in CryptoNinjas said Tuesday (Oct. 2). UBS is joining...

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Why The Blockchain Industry Is Eager For Regulation
Why The Blockchain Industry Is Eager For Regulation
September 27, 2018  |  B2B Payments

Lawmakers have their work cut out for them as they take their first steps into regulating the world of blockchain. Everything from initial coin offerings...

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