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)

Home Depot’s SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
Home Depot’s SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
March 28, 2024  |  B2B Payments

Home Depot’s acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided,...

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Marco Raises $12 Million to Support LatAm Trade Finance
Marco Raises $12 Million to Support LatAm Trade Finance
March 19, 2024  |  Investments

Miami-based trade finance platform Marco has raised $12 million in a Series A round. The funding will help support the company’s mission of helping small and medium-sized...

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Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional...

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Xalts Acquires Contour to Accelerate Digitization in Supply Chain Finance
Xalts Acquires Contour to Accelerate Digitization in Supply Chain Finance
February 23, 2024  |  Acquisitions

FinTech platform Xalts has acquired Contour Network from a consortium of global banks. The move is aimed at accelerating digitization in trade and supply chain...

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Coinsilium to Advise LC Lite on Launch of Token
Coinsilium to Advise LC Lite on Launch of Token
February 23, 2024  |  Partnerships

Web3 advisor, venture builder and investor Coinsilium Group teamed up with global trade exchange platform LC Lite. The partnership will see Coinsilium providing strategic advisory...

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eCommerce Platforms Make the Leap Into One-Stop-Shop Embedded Trade Finance 
eCommerce Platforms Make the Leap Into One-Stop-Shop Embedded Trade Finance 
February 22, 2024  |  SMBs

For the merchants doing business online, serving consumers and even buying goods and services from one another, working capital is a lifeline. Working capital provides...

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Finastra and Tesselate Team on Digitalization of Trade Finance
Finastra and Tesselate Team on Digitalization of Trade Finance
February 12, 2024  |  Partnerships

Financial software firm Finastra has teamed with consultancy Tesselate to make trade finance digitalization easier. The Tegula Trade Finance as a Service offering, powered by Finastra Trade Innovation and digital banking...

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Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
January 25, 2024  |  B2B Payments

Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades...

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Treasurers Look to Their Bankers to Co-Create Embedded Payments Solutions
Treasurers Look to Their Bankers to Co-Create Embedded Payments Solutions
January 12, 2024  |  Payment Methods

Debopama Sen, head of payments, Citi Services, and Biswarup Chatterjee, head of partnerships and innovation, Citi Services, told Karen Webster that when it comes to...

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