Search Results for: Trade finance

XinFin's XDC Network Selected As the First Blockchain Company To Join the Global Trade Finance Distribution Initiative
Blockchain Digital Asset Management Fintech News

XinFin’s XDC Network Selected As the First Blockchain Company To Join the Global Trade Finance Distribution Initiative

Fintech News Desk
by Fintech News Desk0
XDC Network joins major transaction banks, SME funding platforms, and institutional investors committed to accelerating the digitisation of trade distribution XDC Network, a highly interoperable, hybrid blockchain platform that supports global trade and finance, is honoured to have been selected as the first blockchain company to join the global Trade Finance......
Finastra Secures SWIFT Compatible Application label for Trade Finance
Finance Fintech News

Finastra Secures SWIFT Compatible Application label for Trade Finance

Fintech News Desk
by Fintech News Desk0
Fusion Trade Innovation is recognized for supporting SWIFT SR2021 standards release ahead of changes to Category 7 type messages in November 2021 Finastra announced that it is the first technology provider to secure the SWIFT Compatible Application label 2021 for Trade Finance. The achievement proves that Fusion Trade Innovation, Finastra’s global......
CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response
Banking Fintech Investments News

CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response

Fintech News Desk
by Fintech News Desk0
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive......
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Finance Fintech News

CDC Group Announces US$50 Million Trade Finance Facility With Ecobank as Part of Its COVID-19 Response

Fintech News Desk
by Fintech News Desk0
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive......
African Development Bank Approves $170M for Investment in Startups
Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

Fintech News Desk
by Fintech News Desk0
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
Drip Capital Closes $40 Million Committed Warehouse Credit Facility
Fintech News

Drip Capital Closes $40 Million Committed Warehouse Credit Facility From East West Bancorp To Facilitate Trade Finance To Small Businesses

Fintech News Desk
by Fintech News Desk0
Drip Capital, a leading Fintech provider of cross-border trade finance, and East-West Bank (EWB), announce a US$ 40M committed credit facility for the expansion of Drip’s trade finance solutions to small and medium-sized businesses (SMBs). “Drip is growing at a rapid pace and institutional partnerships are a cornerstone of our capital markets strategy. The......
Finastra Integrates Enigio Solution With Fusion Trade Innovation To Make Paperless Trade Finance A Reality
Digital Finance Fintech News

Finastra Integrates Enigio Solution With Fusion Trade Innovation To Make Paperless Trade Finance A Reality

Fintech News Desk
by Fintech News Desk0
More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents Finastra announced the integration of its Fusion Trade Innovation and Enigio’s trace:original to create a solution for managing and handling digital original documents using distributed ledger technology. The resulting app removes the need for......
International Chamber of Commerce and Finastra Team up to Tackle the Trade Finance Gap
Finance Fintech News

International Chamber of Commerce and Finastra Team up to Tackle the Trade Finance Gap

Fintech News Desk
by Fintech News Desk0
– New funding marketplace – ICC TRADECOMM – will provide micro-SMEs and SMEs with greater access to short-term capital – Initiative will unlock $1.5 trillion dollar trade finance gap The International Chamber of Commerce (ICC) and Finastra have committed to a strategic initiative to tackle the growing trade finance gap. Both organizations......
Mitigram Introduces TxM Transaction Manager for Trade Finance Operations
Fintech News

Mitigram Introduces TxM Transaction Manager for Trade Finance Operations

Fintech News Desk
by Fintech News Desk0
Less than six months after launching the Open Market Discovery module, Swedish fintech Mitigram is releasing their latest, and to date biggest, add-on to their Trade Finance platform: TxM – Transaction Manager, a solution that will allow corporates to manage all their Trade Finance Transactions in one application. Despite great......
DZ Bank Picks Surecomp for Trade Finance Digitisation
Banking Digital Fintech News

DZ Bank Picks Surecomp for Trade Finance Digitisation

Fintech News Desk
by Fintech News Desk0
Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that DZ BANK, as part of its journey towards digitized trade finance operations, chose DOKA-NG to be its next generation digital trade finance platform. Read More: Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart......
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