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

Trade Finance Gets Blockchain Boost

Trade Finance Gets Blockchain Boost
Trade Finance Gets Blockchain Boost
November 12, 2018  |  News

Readers of this space know that trade finance — which concerns both domestic and international B2B transactions — has been mired in paper.  Paper checks,...

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Microsoft, Interswitch Introduce Blockchain Trade Finance In Nigeria
Microsoft, Interswitch Introduce Blockchain Trade Finance In Nigeria
November 06, 2018  |  B2B Payments

Microsoft is partnering with pan-African digital payments and commerce firm Interswitch Group to develop a blockchain-powered supply chain finance solution for small and medium-sized businesses...

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Tencent Steps Into Blockchain Trade Finance Space In B2B Push
Tencent Steps Into Blockchain Trade Finance Space In B2B Push
November 05, 2018  |  B2B Payments

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in...

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HSBC, StanChart Launch Blockchain Trade Finance Platform
HSBC, StanChart Launch Blockchain Trade Finance Platform
October 31, 2018  |  Blockchain

HSBC, Standard Chartered and 10 other banks launched a new blockchain-based trade finance program in Hong Kong on Wednesday (Oct. 31) aimed at increasing the...

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R3, iGTB Partner On Corda-Powered Corporate Finance Solutions
R3, iGTB Partner On Corda-Powered Corporate Finance Solutions
October 25, 2018  |  B2B Payments

Banking technology provider iGTB (Intellect Global Transaction Banking) is collaborating with enterprise blockchain software company R3 to develop an array of corporate financial services technologies...

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RBS Allocates $2.6B To Help SMBs Prepare For Brexit
RBS Allocates $2.6B To Help SMBs Prepare For Brexit
October 24, 2018  |  B2B Payments

With fears mounting over supply chain and financial disruptions as a result of Brexit, the Royal Bank of Scotland (RBS) has reportedly set aside a...

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National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
October 23, 2018  |  B2B Payments

The National Bank of Canada, the country’s sixth-largest bank, is collaborating with business consulting and IT company CGI to launch a blockchain-powered trade finance solution....

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Citi, HSBC Join Bank Group In Global Trade Finance Effort
Citi, HSBC Join Bank Group In Global Trade Finance Effort
October 19, 2018  |  B2B Payments

Citi, HSBC and Banco Santander are among seven major global banks that are banding together to form a cross-border trade finance network, Reuters reported Thursday (Oct....

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