Letter Of Credit news and trends

Trade Finance Endures, And Overcomes, Banks’ Slow-Moving Innovation
B2B Payments // September 07, 2017

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 role in the innovation of the industry. Get the Full Story Complete the form to unlock this article and enjoy...

R3 Members Develop Blockchain Trade Finance Prototype
B2B Payments // August 08, 2017

Eleven FI members of the R3 platform consortium have announced the next step in using the distributed ledger technology for trade finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Trade Finance To Fuel Blockchain’s Rise This Year, Says IBM
B2B Payments // May 04, 2017

With so many consortia and internal development teams in play, it’s difficult to assess global banks’ progress on blockchain. But analysts assure progress is being made. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Sears Calls In $200M Lifeline Loan
Retail // December 30, 2016

Once again, Eddie Lampert, CEO of Sears, is opening up his own wallet to give the struggling retailers a $200 million boost. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Quick Reads
Bitcoin Daily: HSBC Issues First Yuan-Based Letter Of Credit; Sierra Leone Gov’t To Launch Blockchain...

September 02, 2019
HSBC has issued its first yuan blockchain-based letter of credit transaction, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]