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

Today in B2B Payments: New Tools Deliver Trade Finance, Cash Velocity
Today in B2B Payments: New Tools Deliver Trade Finance, Cash Velocity
October 07, 2022  |  B2B Payments

Today in B2B payments, HSBC announces a new platform for trade finance, while Paystand upgrades its Sage Intacct integration to boost cash velocity. Plus, ECI...

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HSBC Launches Digital Platform for Trade Finance
HSBC Launches Digital Platform for Trade Finance
October 07, 2022  |  B2B Payments

HSBC has launched HSBC Trade Solutions (HTS) for customers in its two largest markets, the U.K. and Hong Kong, to simplify and speed trade. Developed...

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Bank of America’s CashPro App Adds QR Code, Biometrics to Ease Sign-In
Bank of America’s CashPro App Adds QR Code, Biometrics to Ease Sign-In
September 26, 2022  |  Digital Banking

Companies that use Bank of America’s CashPro digital banking platform for payments, cash management and trade finance operations can now sign in to the website...

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Today in B2B Payments: Companies Announce 3 New Partnerships
Today in B2B Payments: Companies Announce 3 New Partnerships
September 21, 2022  |  B2B Payments

Today in B2B payments, Cleareye.ai and J.P. Morgan partner on trade finance, Taulia and Standard Chartered collaborate on working capital finance solutions, and Suuchi GRID...

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Cleareye.ai Partners With JPMorgan to Solve Trade Finance Challenges
Cleareye.ai Partners With JPMorgan to Solve Trade Finance Challenges
September 21, 2022  |  B2B Payments

Artificial intelligence and machine learning platform Cleareye.ai is forming a global partnership with J.P. Morgan’s Trade and Working Capital group to solve the challenges that trade finance operations...

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Standard Chartered Tests Duplicate Finance Detection Tool
Standard Chartered Tests Duplicate Finance Detection Tool
September 08, 2022  |  B2B Payments

Financial services company Standard Chartered has completed what it called an industry-first test of the trade financing validation service from MonetaGo over the SWIFT payments...

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Investment Firm Aquila Buys Cibar to Add Trade Finance Solutions
Investment Firm Aquila Buys Cibar to Add Trade Finance Solutions
September 06, 2022  |  Acquisitions

Investment firm Aquila, a wholly owned subsidiary of Constellation Software, has acquired banking software solution provider Cibar to add trade finance solutions to its group...

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Surecomp, BIDV Partner to Meet Demand for Trade Finance in Vietnam
Surecomp, BIDV Partner to Meet Demand for Trade Finance in Vietnam
August 30, 2022  |  Banking

Trade finance solution provider Surecomp has partnered with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to deploy Surecomp’s trade finance...

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Embedded Solutions Tackle SMBs’ Trade Finance Challenges
Embedded Solutions Tackle SMBs’ Trade Finance Challenges
August 18, 2022  |  B2B Payments

Small and medium-sized businesses (SMBs) looking for access to trade finance often find themselves frustrated at every turn. As the Organisation for Economic Cooperation and...

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