Citi Strives To Boost Africa Supply Chain Finance BII Support
The latest news highlights a risk-sharing lending arrangement between Citi and BII (British International Investment) worth $100 million, focused on boosting supply chain financing volume in Africa by up to four times as a result. ...
Contour Partners With TradeLens To Digitally Transform Trade Finance Workflows
As per the latest news, Contour, a global digital trade finance network has reported its partnership with TradeLens, a blockchain-based supply chain platform focused on delivering a secure, safe & transparent transfer of electronic Bills of L...
Trade Agreements with UAE, Australia Will Develop Economic Growth: Indian FM Nirmala Sitharaman
According to the latest statement released by Indian Finance Minister Nirmala Sitharaman, the nation’s trade agreements with UAE and Australia will pave the way for economic development....
HSBC Named New Global Trade And Receivables Finance Head
As per the latest news, HSBC has named Vivek Ramachandran as Head of Global Trade and ...
The Global Letter of Credit Confirmation Industry is Expected to Reach $4.5 Billion by 2027
According to a report named “Global Letter Of Credit Confirmation Market (2022-2027) by Type, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis”, the Global Letter Of Credit Confirmation Industry is evaluated to be USD 393...
MonetaGo’s Invoice Fingerprint System To Prevent Trade Finance Deduplication In India
As per the latest news, MonetaGo reported a significant advancement in following through with its commitments of preventing duplicate financing of invoices in India, four years after its commencements, by introducing ways of reshaping the speed and tra...
Atul Jain and Oliver Resovac Joins Deutsche Bank to head Trade Finance and Lending
As per the latest news, Deutsche Bank has designated Atul Jain and ...
Trade Finance Startup Vayana Network Raises Rs 114 Cr To Support MSMEs In Trade Credit
As of the latest news on Wednesday, Trade Finance startup Vayana Network reported that it has successfully acquired funding of Rs 114 crore as a part of its Series C funding from International Finance Corporation (IFC) and PayU. As per th...
Surecomp’s Cryptographic Fingerprints to Combat Duplicate Trade Financing Fraud
On Tuesday, April 12, when a solution was reported by Surecomp to further decrease the risks of duplicate trade financing fraud, the company encountered a type of fraud that had been difficult to escape from -and this has driven a few banks to cease the...
De-Dollarizing Trade: Conducting Global Trade Finance in National Currencies
The consequences of the financial explosion of 2008 led many nations to battle for getting access to the U.S. dollar (USD) so that they could save their national currency as the global reserve currency got held by the U.S. Federal Reserve Bank. ...
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World Trade Board Endeavors To Increase SMEs Access To Trade And Finance
Euromoney Named SABB As Market Leader In Trade Finance In Saudi Arabia
ITFA Introduced New Fraud Prevention Working Group in Trade Finance
ING Rigids Oil And Gas Funding To Include Trade Finance, Midstream
Japan Joins WTO Trade Arbitration Alternative To Resolve Disputes
Indonesian Bank Streamlines Trade Finance Processing With Surecomp
With the debt of €5.2m Marco Polo Network Operations declared as insolvent!