letters of credit

Truist and Standard Chartered Join Forces on Trade Finance
Truist and Standard Chartered Join Forces on Trade Finance
September 20, 2023  |  Cross Border Commerce

International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in...

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Citi Joins Trade Finance Network
Citi Joins Trade Finance Network
February 20, 2020  |  B2B Payments

Citi is signing on to Contour’s blockchain-driven trade finance network, Contour announced in a press release on Sunday (Feb. 16). The bank joins numerous banking giants...

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TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
July 09, 2019  |  B2B Payments

In this era of digital commerce and payments, it can be easy to forget that many small and medium-sized business often fall through the cracks....

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HSBC Completes Its First Trade Finance Transaction On Blockchain
HSBC Completes Its First Trade Finance Transaction On Blockchain
May 15, 2018  |  B2B Payments

HSBC has completed its first trade finance transaction on blockchain technology — and claims it’s the first to do so in the market, due to...

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EU Banks Link To Pull SMEs Onto Blockchain
EU Banks Link To Pull SMEs Onto Blockchain
January 17, 2017  |  B2B Payments

Top financial institutions around the globe are going in on blockchain in a big way, with massive investments in R&D and beyond. Larger corporations are...

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BlueVine Winds Its Way Toward SMB Lines Of Credit
BlueVine Winds Its Way Toward SMB Lines Of Credit
April 22, 2016  |  B2B Payments

Once the purview of large lenders, revolving lines of credit are being revived as a vehicle for SMB cash flow strategies and are a natural...

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