Recently, a worth of AED 420 million ($114 million) trade credit backing has been initiated by the Etihad Credit Insurance (ECI), a Federal export credit company of UAE to small and medium enterprises (SMEs) from January to November of 2020 to str...
To boost economic cooperation and to grow trade finance, a memorandum of understanding (MoU) is inked by Singapore and the US On Wednesday.The MoU is additionally supposed to facilitate investment support for the organizations in the two nations. &n...
PrimaDollar, a Supply Chain Trade Finance platform is now planning to conduct its business in India after launching it in the UK. Supply chain trade finance is a unique and efficient way that allows big corporates to handle the funding and ...
Recently, Tradeteq has signed a deal with the Microsoft Azure cloud platform to simplify the process for the clients in the diverse market to avail of the company’s services without struggling with any types of security issues. Tradeteq is a popular pl...
MonetaGO and GUUD have recently formed an alliance to make prominent developments in the trade and finance sector in Asia. MonetaGo is an organization that is dedicated to the prevention of fraud in the financial service sector. On the other hand, GUUD is a Sin...
The Standard Chartered unit, known as SC Ventures, has announced to open a startup of trade finance. It already deals with FinTech investments and ventures in India and will now control a B2B marketplace for MSMEs. The platform SC ventures have launched ...
At a time where the European lenders are stepping back from commodity trade finance, Deutsche Bank AG is all set to boost its business in the respective sector, to help enhance its regional businesses, according to Daniel Schmand, the bank's global head of trad...
The banking stocks of India have delivered a splendid performance in the broad market along with the regional peers in November. Last week, this is expected to be sustained with an appreciative gross domestic product print. It seems that the possibiliti...
To boost the efficiency and reliability of B2B payments, a corporate trade finance platform has been introduced by Barclays while B2B data capabilities by Adobe on its real-time Customer Data Platform. In addition to th...
Since the COVID-19 has attacked the worldwide economy, several banks have noticed a disturbance in supply chains during the initial two-quarters of the COVID-19 outbreak. Due to this scenario, the worldwide banks are now considering shifting their paper-based t...