Artificial intelligence is being harnessed to tackle the document review that determines whether a transaction moves forward, one of the most manual parts of trade finance. Software has long been able to scan documents and extract data. But a spate of initiatives show how AI...
HSBC has unveiled Smart Checking, an artificial intelligence (AI)-powered tool focused on enhancing trade finance operations. The new offering is designed to “transform and standardize” how trade finance documentation is processed, traced and reviewed at the bank, HSBC announced Monday (Sept. 28). “Documentary trade at...
Apollo Global Management is reportedly shuttering some parts of its Eliant Trade Finance platform. That’s according to a report Friday (Sept. 11) by Bloomberg News, which says the move comes after a difficult year for the previously hot inventory financing market. Eliant is winding down...
The robots aren’t just coming. They are already here, across factory floors and logistics yards. North American companies ordered 8,940 robots worth $622 million in the second quarter, up 4.3% in units and 21.3% in revenue from a year earlier. Firms like FedEx, for example,...
March 16, 2026
The war in Iran is increasingly giving the freight sector a fright. As of Monday (March 16), the geopolitical risks of the Middle East engagement have already reshaped global trade patterns around air freight and shipping, directly impacting energy supply chains as well as other critical high-value goods like electronics and pharmaceuticals. The trade flow shifts resemble […]
September 16, 2025
Streamlined backstage operations matter most when center stage gets complicated. That’s the situation playing out across today’s uncertain times, as traditionally behind-the-scenes enablers like trade finance, supply chain security and payments...
April 29, 2025
An “ears first” approach to customer conversations yields insights, Boost Payment Solutions Head of Product and Commercialization Zachary Held writes in a new PYMNTS eBook, “The Listening Economy: How Customer...
November 20, 2024
Blockchain is entering its institutional era. And the enterprise treasury function is all eyes and ears to the innovation. For example, news came this week that enterprise software maker MicroStrategy,...
October 20, 2026
Finastra has launched a cloud-enabled solution designed to help U.S. banks digitize and automate their standby letter of credit (SBLC) flows, without having to deploy a full trade finance platform, the company said in a Monday (Oct. 19) press release. The new Finastra StandbyX offers regional and mid-sized banks an alternative to the manual or […]
September 28, 2026
HSBC has unveiled Smart Checking, an artificial intelligence (AI)-powered tool focused on enhancing trade finance operations. The new offering is designed to “transform and standardize” how trade finance documentation is...
September 13, 2026
Apollo Global Management is reportedly shuttering some parts of its Eliant Trade Finance platform. That’s according to a report Friday (Sept. 11) by Bloomberg News, which says the move comes...
July 14, 2026
Deutsche Bank and the World Bank launched a 1-billion-euro (about $1.1 billion) trade finance platform, according to a Tuesday (July 14) press release. The platform is designed to increase access...
