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

What New Payment Rails Miss About Solving B2B’s Remittance Challenge
What New Payment Rails Miss About Solving B2B’s Remittance Challenge
February 25, 2020  |  B2B Payments

B2B payments’ innovation trajectory continues to accelerate as more end-point solutions emerge to improve the vast number of friction points in the industry. New technology...

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Citi Joins Trade Finance Network
Citi Joins Trade Finance Network
February 20, 2020  |  B2B Payments

Citi is signing on to Contour’s blockchain-driven trade finance network, Contour announced in a press release on Sunday (Feb. 16). The bank joins numerous banking giants...

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Augmenting Trust With Technology In Global Trade Finance
Augmenting Trust With Technology In Global Trade Finance
February 11, 2020  |  B2B Payments

In cross-border trade, trust has historically been a critical part of the equation. Corporate buyers must trust that their suppliers will deliver what they promised....

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What India’s Tax Reform Means For Trade Finance Fraud
What India’s Tax Reform Means For Trade Finance Fraud
February 10, 2020  |  B2B Payments

India recently embarked on an electronic invoice mandate initiative, with the Central Board of Indirect Taxes and Custom (CBIC) introducing rules that require eInvoice adoption...

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komgo Acquires Digital Platform TRAFEC
komgo Acquires Digital Platform TRAFEC
February 07, 2020  |  B2B Payments

Trade finance software company komgo has acquired the Trade Finance Exchange Console (TRAFEC), according to a press release.  TRAFEC was developed by the Swiss association...

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LSQ Introduces FastTrack For Invoice Funding 
LSQ Introduces FastTrack For Invoice Funding 
January 23, 2020  |  B2B Payments

Independent invoice financing company LSQ has launched a new supply chain finance platform called LSQ FastTrack, according to a press release. The offering is meant...

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Crowdz Pilots Invoice Crowdfunding Platform InvoiceXchange
Crowdz Pilots Invoice Crowdfunding Platform InvoiceXchange
January 16, 2020  |  B2B Payments

B2B invoicing and payments firm Crowdz has announced a new pilot aimed at connecting businesses to crowdfunding services to finance their unpaid invoices. In a...

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Tradeshift Notches $240M As IPO Is Postponed
Tradeshift Notches $240M As IPO Is Postponed
January 14, 2020  |  Investments

Supply chain FinTech Tradeshift has raised $240 million from new and existing investors, but is holding off on an initial public offering (IPO) in favor...

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Navigating The Increasingly Murky Waters Of Trade Finance
Navigating The Increasingly Murky Waters Of Trade Finance
January 13, 2020  |  B2B Payments

Trade finance remains an essential tool for cross-border B2B trade, and with an estimated $1.5 trillion gap in available trade finance, non-bank players have flooded...

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