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

Bank of America Debuts Tool to Digitize Trade Finance

Bank of America Debuts Tool to Digitize Trade Finance
Bank of America Debuts Tool to Digitize Trade Finance
September 18, 2023  |  Accounts Receivable

Bank of America has unveiled a platform to help business clients digitize trade finance. The company’s CashPro Supply Chain Solutions tool is designed to offer supply chain...

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Surecomp and Pelican AI Partner to Improve Trade Finance Process
Surecomp and Pelican AI Partner to Improve Trade Finance Process
August 31, 2023  |  Partnerships

Surecomp and Pelican AI have partnered to enhance digital trade risk and compliance. This collaboration is part of a shared vision to drive the digital transformation of trade-based...

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GUUD and Intraco Collaborate to Ease Access to Trade Finance
GUUD and Intraco Collaborate to Ease Access to Trade Finance
August 24, 2023  |  Commercial Payments

GUUD and Intraco have formed a strategic partnership to launch a trade token, TradeTok, on the multiasset, private markets investment platform of Singapore’s digital asset...

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Working Capital Innovations Power Trade Sector’s Journey Toward Efficiency
Working Capital Innovations Power Trade Sector’s Journey Toward Efficiency
August 01, 2023  |  B2B Payments

To eliminate paper checks and manual payment processes, you need to look for them first. But once you see them, you’ll find them everywhere. That’s...

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ABN AMRO Bank Deploys Trade Finance Automation Solution From CBA
ABN AMRO Bank Deploys Trade Finance Automation Solution From CBA
July 03, 2023  |  B2B Payments

ABN AMRO Bank has gone live with a Commercial Banking Applications (CBA) solution for trade finance processes. The Dutch bank is now using the latest...

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JPMorgan Invests in Trade Finance Firm Cleareye.AI
JPMorgan Invests in Trade Finance Firm Cleareye.AI
June 20, 2023  |  Investments

Trade finance provider Cleareye.ai has received a strategic investment from J.P. Morgan. The companies announced the investment — no dollar amount was provided — Tuesday...

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Allianz Trade and Bueno.money Partner on B2B BNPL
Allianz Trade and Bueno.money Partner on B2B BNPL
April 04, 2023  |  B2B Payments

Allianz Trade in Asia Pacific and Bueno.money have partnered on B2B buy now, pay later (BNPL). This collaboration brings together Allianz Trade’s credit and risk...

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Finverity Raises $5 Million to Expand Supply Chain Finance Technology
Finverity Raises $5 Million to Expand Supply Chain Finance Technology
March 31, 2023  |  B2B Payments

Finverity has raised $5 million to expand its trade and supply chain finance technology. The United Kingdom-based firm will use the new funding to increase its...

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