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

Looking Beyond Machine Learning To Balance Out Trade Finance Supply And Demand

Looking Beyond Machine Learning To Balance Out Trade Finance Supply And Demand
Looking Beyond Machine Learning To Balance Out Trade Finance Supply And Demand
July 11, 2017  |  B2B Payments

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Its Global...

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Mizuho Makes Progress In Blockchain Trade Finance Initiative
Mizuho Makes Progress In Blockchain Trade Finance Initiative
July 10, 2017  |  B2B Payments

Japan’s Mizuho Bank is moving forward with plans to use blockchain for trade finance. The bank said Friday (July 7) that it has completed its...

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Hive Project Taps Into Cryptocurrency For Invoice Finance
Hive Project Taps Into Cryptocurrency For Invoice Finance
July 05, 2017  |  B2B Payments

The Hive Project, a company that uses cryptocurrency and Ethereum blockchain for trade financing, has launched its platform. The company announced Friday (June 30) that...

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SMEs The Focus Of Latest Blockchain Consortium
SMEs The Focus Of Latest Blockchain Consortium
June 29, 2017  |  B2B Payments

The number of blockchain consortia is on the rise, but the latest one has a particular focus: SMEs. Reports Wednesday (June 28) said seven top...

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TradeIX The Latest To Tap Blockchain For Trade Finance
TradeIX The Latest To Tap Blockchain For Trade Finance
June 08, 2017  |  B2B Payments

As the latest company to deploy the use of blockchain for trade finance, TradeIX is rolling out an open-source platform, a solution reports said is...

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Chinese Banks Pained By Shifting Position In Global Trade Finance
Chinese Banks Pained By Shifting Position In Global Trade Finance
June 01, 2017  |  B2B Payments

China’s corporate banking sector is getting hit with a bit of a setback as more companies look outside China for supply chain financing. New research...

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Trade Finance Platform Launches With 16 Banks On Board
Trade Finance Platform Launches With 16 Banks On Board
May 17, 2017  |  B2B Payments

CCRManager has launched an electronic trade finance, supply chain finance and working capital platform, with 16 banks across the globe already onboarded to the solution,...

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SBA Head Urges SMEs To Go Global
SBA Head Urges SMEs To Go Global
May 15, 2017  |  B2B Payments

The head of the U.S. Small Business Administration, Linda McMahon, spoke in front of the United Nations last week urging small businesses to step onto...

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