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

Citi Launches Digital Asset Solution for Cash Management, Trade Finance
Citi Launches Digital Asset Solution for Cash Management, Trade Finance
September 18, 2023  |  B2B Payments

Citi Treasury and Trade Solutions has unveiled a digital asset solution designed to enhance cash management and trade finance capabilities. By using blockchain and smart...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >