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

R3’s Marco Polo Releases First Product: Receivables Discounting

R3’s Marco Polo Releases First Product: Receivables Discounting
R3’s Marco Polo Releases First Product: Receivables Discounting
September 20, 2018  |  B2B Payments

Marco Polo, the blockchain-powered trade finance platform developed by R3 and TradeIX, has launched its first product following the completion of bank partners’ proof of...

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PwC Finds Blockchain Distrust High, Even As Adoption Accelerates
PwC Finds Blockchain Distrust High, Even As Adoption Accelerates
September 20, 2018  |  B2B Payments

The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this...

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Solna On Moving Beyond AltFin To Tackle Late Vendor Payments
Solna On Moving Beyond AltFin To Tackle Late Vendor Payments
September 19, 2018  |  B2B Payments

In the late payments battle, a popular strategy to ease cash flow concerns is to target the business getting paid late. Broadening access to trade...

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Thomson Reuters Partners On Trade Finance Marketplace App
Thomson Reuters Partners On Trade Finance Marketplace App
September 18, 2018  |  B2B Payments

Thomson Reuters is teaming up with Seabury Capital to guide its trade finance operations into Asia, the companies revealed in a press release Monday (Sept....

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WEF Throws Weight Behind Blockchain For Trade Finance
WEF Throws Weight Behind Blockchain For Trade Finance
September 18, 2018  |  B2B Payments

The World Economic Forum (WEF) has thrown its support behind blockchain technology to expand trade finance availability across the globe, touting the technology as a...

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Bitcoin Daily: Think Tank Wants Common Crypto Rules In The EU, Record-Breaking CryptoKitty Nets $170,000
Bitcoin Daily: Think Tank Wants Common Crypto Rules In The EU, Record-Breaking CryptoKitty Nets $170,000
September 06, 2018  |  Bitcoin

Bruegel, a think tank based in Brussels, is calling for regulation of digital currency exchanges at the European Union (EU) level, as well as more...

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Asian Development Bank Debuts Trade Finance Tool
Asian Development Bank Debuts Trade Finance Tool
September 05, 2018  |  B2B Payments

The Asian Development Bank (ADB), which recently pegged the world’s trade finance gap at $1 trillion, is launching a new trade finance tool aimed at combatting...

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Standard Chartered Pilots Blockchain-Based Bank Guarantees
Standard Chartered Pilots Blockchain-Based Bank Guarantees
August 29, 2018  |  Blockchain

Standard Chartered announced news on Wednesday (August 29) that it is teaming up with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a...

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