Trade Finance news and trends

Finastra and CredAble Partner on Supply Chain Finance for Banks

July 23, 2024
Finastra
Traydstream and 360tf Partner to Digitize Global Trade Finance
Partnerships // June 13, 2024

Traydstream and 360tf partnered to digitize, innovate and expand global trade finance solutions. The collaboration aims to make trade finance “efficient and seamless” by bridging the global trade finance gap, reducing paper dependency and digitizing processes, the companies said in a Wednesday (June 12) press...

Home Depot’s SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
B2B Payments // March 28, 2024

Home Depot’s acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided, digitally-enabled ecosystem. With B2B services and trade finance tied to it all, the deal might solidify loyalty among professional contractors,...

Marco Raises $12 Million to Support LatAm Trade Finance
Investments // March 19, 2024

Miami-based trade finance platform Marco has raised $12 million in a Series A round. The funding will help support the company’s mission of helping small and medium-sized entrepreneur (SME) exporters in Latin America, according to a Tuesday (March 19) news release. “Through my own journey as an SME...

Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Blockchain // February 28, 2024

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional financial sector that digital assets were originally designed to replace. After all, the technology’s innovative capability for storing and moving...

Interviews & Exclusives
Working Capital Innovations Power Trade Sector’s Journey Toward Efficiency

August 01, 2023
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 why observers believe the B2B and trade finance sectors are especially ripe for digitization, because they are collectively knee deep (and sinking) within the confines of the paper check and […]

Purchase Order Financing Offers Small Businesses New Source of Capital

January 27, 2023
Small businesses have traditionally struggled to access the same trade finance as their larger peers. In an interview with PYMNTS, Sandra Nolasco, CEO at Madrid-based trade finance platform Twinco Capital,...

Digitization Speeds Approvals, Closes Gaps in EU Trade Finance Sector

January 12, 2023
Digital technologies are driving innovation in trade finance, enabling faster decision-making and more streamlined processes. In the past, trade finance was bogged down by lengthy risk assessment and underwriting processes,...

As Supply Chain and Logistics Crisis Wanes, Digital Revolution Takes a Bow

October 27, 2022
Trade finance’s digital transformation has exploded through the past few years, and it will accelerate in the years ahead. “Treasury is the next frontier in digital payments,” Alan Koenigsberg, senior...

Quick Reads
Finastra and CredAble Partner on Supply Chain Finance for Banks

July 23, 2024
Finastra and CredAble have partnered to enable banks to offer their corporate clients supply chain finance solutions. In this collaboration, CredAble’s supply chain finance platform has been integrated with the Finastra Trade Innovation trade services platform, the companies said in a Tuesday (July 23) press release. “By combining our AI-powered supply chain finance platform with […]

Traydstream and 360tf Partner to Digitize Global Trade Finance

June 13, 2024
Traydstream and 360tf partnered to digitize, innovate and expand global trade finance solutions. The collaboration aims to make trade finance “efficient and seamless” by bridging the global trade finance gap,...

Marco Raises $12 Million to Support LatAm Trade Finance

March 19, 2024
Miami-based trade finance platform Marco has raised $12 million in a Series A round. The funding will help support the company’s mission of helping small and medium-sized entrepreneur (SME) exporters in Latin America,...

Xalts Acquires Contour to Accelerate Digitization in Supply Chain Finance

February 23, 2024
FinTech platform Xalts has acquired Contour Network from a consortium of global banks. The move is aimed at accelerating digitization in trade and supply chain finance, combining Xalts’ expertise in...