Category: News
Surecomp® today announced the addition of document forgery detection solution Valida by Gradiant to its Marketplace platform. The latest fintech partner to join the company’s trade finance ecosystem platform is a key prevention tool in the fight against fraud. Founded in Spain and with a fast-growing customer-base across Europe, Gradiant empowers customers with the ability […]
Businesses can deal with clients and suppliers internationally as easily as they can domestically, with a single account for holding, sending and receiving cash in multiple currencies (LONDON) HSBC has launched a multi-currency digital wallet that enables businesses to make and receive international payments simply and securely from one single global account. HSBC Global Wallet […]
Trade Finance Global (TFG), today announced a media partnership with City & Financial Global Ltd for City Week 2021 – the 11th edition of the annual International Financial Services Forum. More than 90 high profile speakers such as Bill Winters, Chief Executive Officer, Standard Chartered; Mairead McGuinness, EU Commissioner for Financial Stability, Financial Services and […]
US$2.5 million raised in seed financing round Elev8, ING, Singapore Economic Development Board (EDB) New Ventures among key investors Singapore/Hong Kong/Beijing/Amsterdam, 8 June 2021 – ING today announced that Stemly, a software as a service platform, is the first initiative to be spun out of ING Labs Singapore. To enable accelerated growth and to pave […]
Commercial Banking Applications (CBA) to help banks prepare for new structured message formats for exchanging information around Guarantees and Standby Letters of Credit which are crucial for the digitalisation of trade finance.
SMEs across the UK are fighting back after Covid-19 lockdowns, according to the latest Business Distress Index which looks at how the economy fared in Q2 this year. 9.75% decrease (69,500) in SMEs in significant financial distress in Q2 2021 following lockdown easing 643,500 SMEs now in significant financial distress – down from 714,000 in […]
The Asian Development Bank (ADB) and Sanoat Qurilish Bank (SQB) signed a revolving credit facility agreement. The funding which comprises a $20 million loan from ADB and $15 million from the Leading Asia’s Private Infrastructure Fund (LEAP) will enhance SQB’s capacity to provide trade-related loans to its clients, including to its fast-growing base of small and medium-sized enterprises.
LONDON, Oct. 12, 2021 – Bottomline, a leading provider of financial technology that makes business payments simple, smart and secure, today announced the latest API-based payments tracking service for banks worldwide, integrating SWIFT gpi data. The gpi data is captured on behalf of Bottomline clients and is integrated into their payments workflow, which simplifies and […]
