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

XinFin Signs On To R3 Corda For Enterprise Blockchain Apps

XinFin Signs On To R3 Corda For Enterprise Blockchain Apps
XinFin Signs On To R3 Corda For Enterprise Blockchain Apps
February 09, 2019  |  B2B Payments

Enterprise blockchain platform XinFin is joining the R3 consortium, with the R3 Corda marketplace hosting several XinFin apps for business users, the companies said in...

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Validis Automates Data Collection For Invoice Financiers
Validis Automates Data Collection For Invoice Financiers
February 08, 2019  |  B2B Payments

Financial data technology firm Validis is rolling out a new solution designed to automate month-end reconciliation processes for small business lenders and invoice financing firms....

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Surecomp Creates Trade Finance API Platform
Surecomp Creates Trade Finance API Platform
February 06, 2019  |  B2B Payments

Trade finance FinTech Surecomp is rolling out an API platform for the industry aimed at accelerating trade finance industry players’ adoption and integration of technology....

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StanChart Next To Complete Blockchain Transaction
StanChart Next To Complete Blockchain Transaction
January 25, 2019  |  B2B Payments

Standard Chartered is the latest financial institution to have completed a trade finance transaction via blockchain, the bank announced Thursday (Jan. 24). Get the Full...

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GE Capital Exits Trade Finance With MUFG Acquisition
GE Capital Exits Trade Finance With MUFG Acquisition
January 17, 2019  |  B2B Payments

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an...

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Blockchain Makes Inroads Into Banking
Blockchain Makes Inroads Into Banking
January 16, 2019  |  B2B Payments

Banks are giving the nod to blockchain to aid in speeding trade finance, especially in Asia, where the government and industry associations have launched efforts. Elsewhere,...

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Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
January 16, 2019  |  B2B Payments

Amid a global market with a massive lack of trade finance accessibility, the International Chamber of Commerce (ICC) recently found that banks are growing more bullish...

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AltFin’s Role Evolves In Tense Global Trade Environment
AltFin’s Role Evolves In Tense Global Trade Environment
January 08, 2019  |  B2B Payments

The fallout from ongoing trade tensions between the U.S. and China is likely to be felt on both sides, with analysts expecting the economic impact...

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