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

BoA Reported To Hire ‘Treasury Product Manager’ For Ripple

BoA Reported To Hire ‘Treasury Product Manager’ For Ripple
BoA Reported To Hire ‘Treasury Product Manager’ For Ripple
October 11, 2019  |  Personnel

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. According to Cointelegraph, the bank recently took down a job...

READ MORE >
Trade Finance Gets Boost Via Banks, APIs
Trade Finance Gets Boost Via Banks, APIs
October 03, 2019  |  B2B Payments

HSBC debuts a new API geared toward trade finance. Separately, cross-border payments embrace business payments using XRP. In Russia, eight banks sign on to the Russian...

READ MORE >
Moody’s Issues Another Supply Chain Finance Warning
Moody’s Issues Another Supply Chain Finance Warning
October 01, 2019  |  B2B Payments

More than a year after Fitch Ratings raised concerns about a “loophole” allowing corporates to obtain supply chain financing without classifying it as debt, Moody’s...

READ MORE >
HSBC Deploys Trade Finance API For Partner Banks
HSBC Deploys Trade Finance API For Partner Banks
September 27, 2019  |  B2B Payments

HSBC is continuing its open banking strategy with the deployment of a new application programming interface (API) designed to promote bank collaboration to facilitate trade...

READ MORE >
Infosys Finacle Completes Trade Finance Trial With R3
Infosys Finacle Completes Trade Finance Trial With R3
September 24, 2019  |  B2B Payments

Infosys subsidiary Infosys Finacle has announced the completion of a five-week trial of its trade finance solution using R3 blockchain technology. Get the Full Story...

READ MORE >
ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
September 19, 2019  |  B2B Payments

The Asian Development Bank, which ramped up the trade finance industry’s focus on broadening access to small businesses after releasing a report that estimated the...

READ MORE >
Banks Flock To Trade Finance FinTechs
Banks Flock To Trade Finance FinTechs
September 04, 2019  |  B2B Payments

The Asian Development Bank’s striking statistic — a $1.5 trillion gap in global trade finance — continues to be used as a driver of FinTech...

READ MORE >
Blockchain Platform we.trade Sees First Bank Transaction
Blockchain Platform we.trade Sees First Bank Transaction
August 29, 2019  |  B2B Payments

Blockchain supply chain finance platform we.trade has seen its first bank transaction. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >