Tag : Trade Finance

KOAT Capital Acquires Pelican AI to Drive Innovation in AI-Powered Payments and Compliance Solutions for Global Banks
Artificial Intelligence Finance Fintech News

KOAT Capital Acquires Pelican AI to Drive Innovation in AI-Powered Payments and Compliance Solutions for Global Banks

EIN Presswire
KOAT Capital, a holding company focused on strategic investment and long-term value creation across artificial intelligence (AI) and technology, has finalized the acquisition of 100% of the outstanding shares of Pelican AI (Pelican) and subsidiaries. This acquisition is a significant step in KOAT Capital’s investment strategy, reinforcing its position in......
Artificial Intelligence Featured Finance Fintech Risk Management Trading

The Influence of AI on International Trade Efficiency

Prajakta Ayade
Artificial Intelligence (AI) is revolutionizing various sectors, and international trade is no exception. Global trade’s complex and multifaceted nature presents numerous challenges, such as logistical inefficiencies, regulatory compliance, and risk management. AI’s ability to process vast amounts of data, recognize patterns and make predictions provides innovative solutions to these challenges,......
Finastra and Tesselate Launch Teluga Trade Finance
Finance News

Finastra and Tesselate Launch Teluga Trade Finance

Fintech News Desk
 Tegula Trade Finance as a Service, powered by Finastra Trade Innovation and Corporate Channels, offers banks a single, flexible, easy to scale and expand trade finance platform. By Global FinTech Series  Finastra, a global provider of financial software applications and marketplaces, and Tesselate, a global digital transformation consultancy and integrator,......
Walton Global Announces $30.9 Million in Distributions to Canadian Investors
Fintech News Trading

Singapore-Based Tradeflow Capital Management in Collaboration With Abu Dhabi-Based Metals Digital Trader Open Mineral

PR Newswire
Abu Dhabi Finance Week – Singapore based Fintech-powered Fund management firm TradeFlow Capital Management (TradeFlow) and Abu Dhabi based digital trader Open Mineral have joined forces, launching the ‘Critical Minerals Trade Finance Fund’. The fund and a new TradeFlow Metals platform will help address urgent global energy transition needs, through a multi-year commitment by Open......
Citi Develops New Digital Asset Capabilities for Institutional Clients
Blockchain Finance News

Citi Develops New Digital Asset Capabilities for Institutional Clients

Business Wire
Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance. The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients. Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global......
Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities
Finance News

Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities

Business Wire
Standard Chartered Americas announced that it has entered a trade finance partnership with Truist Bank that will enhance Truist clients’ ability to conduct global business. “This partnership will allow our clients to more efficiently achieve their goals, scale their business, invest in their teams and build their communities.” Through this......
Corcentric Launches Managed Accounts Receivable Solution in France
Business Digital Payments Finance News

Corcentric Launches Managed Accounts Receivable Solution in France

GlobeNewswire
Corcentric’s Unique Solution Extends Global Reach Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced the launch of its Managed Accounts Receivable (AR) solution in France. The Managed AR solution provides technology, trade finance, and skilled people in turnkey fashion to help customers reach a variety of essential......
Arqit: New Product Launch and Business Update
Digital Asset Management News

Arqit: New Product Launch and Business Update

PR Newswire
Arqit Quantum Inc., a leader in quantum-safe encryption, announced the launch of its third application product, Arqit WalletSecure. Arqit sells a core Symmetric Key Agreement Platform-as-a-Service which can be used for any encryption task. This announcement follows the launch of Arqit’s first two applications – TradeSecure™ and NetworkSecure™ – earlier this year.......
How Trade Finance Fintechs Are Mitigating Risks And Empowering SMBs
B2B B2C Commerce Guest Posts

How Trade Finance Fintechs Are Mitigating Risks And Empowering SMBs

Pushkar Mukewar
In today’s interconnected world, small and medium-sized businesses (SMBs) are increasingly venturing into global trade to seek growth opportunities beyond their local markets. However, this practice comes with its fair share of challenges, particularly when managing the risks associated with international trade. Digital trade finance companies can provide SMBs with......
World Trade Board Launches Plan to Empower SMEs Through Trade and Finance
Finance News

World Trade Board Launches Plan to Empower SMEs Through Trade and Finance

Business Wire
‘Financial Inclusion in Trade Roadmap’ provides a holistic framework for public and private sector collaboration to accelerate change The World Trade Board has opened consultation on a major new framework to increase access to trade finance for MSMEs. Developed with contributions from major industry bodies and international stakeholders, the Financial Inclusion......
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