Source: en.wikipedia.org
As UBS continues its exploration into blockchain technology, the financial institution’s (FI) CEO Sergio Ermotti told reporters at CNBC his views on the tool. Reports...
Hong Kong and Singapore have reached an agreement to link their perspective trade finance platforms using blockchain technology, according to news from Reuters on Wednesday (Oct. 25)....
Commerzbank is the latest financial institution to join the blockchain-fueled trade financial initiative launched by UBS and IBM, according to Reuters news reports on Wednesday (Oct....
Trade finance revenue is slipping at the world’s largest banks, especially as companies struggle in a global trade environment operating with a $1.5 trillion gap...
Trade finance is in serious need of a tech overhaul. It’s true that FinTech innovators and alternative lending companies have targeted trade finance to improve...
Top banking firms across the globe saw a $2.8 billion decline in transaction banking revenues in the first half of the year, marking a seven-year...
Alternative lending hasn’t completely lost its edge with investors. U.K.-based invoice and trade finance firm Reward Finance Group recently reported it had raised more than...
A few years ago, Sameer Sehgal, the new CEO of trade finance firm Traydstream, said he probably wouldn’t have agreed that banks are playing a...