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A Cash Against Documents transaction orchestrated by Saudi-based ITFC was successfully completed between SOFITEX and Louis Dreyfus Company (LDC), using an electronic bill of lading issued by the CMA CGM Group, a world leader in shipping and logistics, through Bolero’s digital trade finance platform for the first time.

The transaction concerned a cotton shipment originating from Burkina Faso, shipped by CMA CGM Group from the Port of Lomé in Togo.

Fingerprint Cards AB (Fingerprints™) and Fime have collaborated to achieve compliance with Mastercard’s Reference Specifications for Fingerprints’ latest T-Shape® sensor module and software platform for biometric payment cards. Proactively securing this approval brings widespread deployments even closer as it simplifies the approval process for card manufacturers. Card manufacturers of all sizes can now benefit from saving time and money when launching and scaling biometric card projects.

HPD Lendscape, a leading international secured lending platform vendor, has appointed Geoff Snowden as its new Chief Financial Officer to oversee strategic expansion projects to drive its ambitious growth strategy. Geoff brings a wealth of experience to the company and has more than 15 years’ experience in the media, tech, data and professional services sectors.

In a world first, Valour, the issuer of investment products focused on innovative technologies, has announced the launch of Ethereum Zero (ETH ZERO SEK - CH1104954362), an Ethereum (ETH) exchange-traded product (ETP) that comes with zero management fees. 

Meniga (www.meniga.com), the global leader in digital banking and personal finance solutions, has today announced a new partnership with Visa, the world’s largest retail payment network, to accelerate its expansion within the Asia Pacific region.

The technology marketplace for financial services firms Bofin has partnered ComplyAdvantage to lower its risk of inadvertently being involved in a range of financial crimes such as money laundering.

Worldwide, FinTech is hailed as the future of finance. From the evolution of open banking platforms to the use of artificial intelligence, FinTech revolutionises the global economy by changing the way businesses and customers bank, invest and make payments. Over the past decade, the UK, too, has witnessed technology-led disruption across the financial sector.