Trade Finance

Bolero appoints Andrew Raymond as head of sales

Bolero International, the leading trade finance digitisation expert has appointed Andrew Raymond as its new global head of sales.  Raymond will leverage his 25-plus years’ global experience in the fintech market to drive further growth in the number of organisations using Bolero’s cloud-based services. Read more »

ABN AMRO standardises on CBA’s IBAS Global Trade Finance Factory

Norwegian software vendor Commercial Banking Applications (CBA), today announced that ABN AMRO will be implementing the new IBAS Customer Front-End System for Trade Finance across its global operations as part of a project to offer additional functionality to customers, increase efficiency and reduce total cost of ownership. Read more »

Surecomp successfully conducted E-Banking and Front Office 2020 event

Surecomp®, a leading provider of global trade solutions for banks and corporates, concluded today a comprehensive event which attracted over twenty attendees from fifteen leading European banks and corporate clients. Read more »

World Trade Board Kicks Off New Sustainable Trade Initiative and Expands Board to Promote Inclusive Global Trade

The World Trade Board today announced the addition of a new initiative on sustainable trade, alongside its existing three initiatives, as part of its pledge to advance standards and digitalisation in global trade finance. Read more »

Mizuho Financial Group, Mizuho Bank and IBM Japan to Launch Blockchain-based Trade Financing Platform

Mizuho Financial Group, Mizuho Bank and IBM Japan today announced they are building a blockchain-based trade financing platform. With the platform, Mizuho is aiming to streamline trading operations and improve supply chain efficiency. Read more »

Mizuho Financial Group Taps Cognizant to Develop a Distributed Ledger Solution for More Efficient and Secure Trade Finance

Cognizant today announced that it has been selected by Mizuho Financial Group, one of the largest financial institutions in the world, to develop a distributed ledger solution to make trade finance more efficient and secure. Read more »

TradeShift and CreditEase Join Forces for Trade Financing App

Tradeshift, the world’s largest business commerce platform, has partnered with CreditEase to deliver a trade financing app that will bring low-cost financing to millions of businesses in China. CreditEase, the largest peer-to-peer lender in China (and globally), can now deliver accounts receivables financing to millions of fast-growing small and medium enterprises (SMEs). Read more »

Raiffeisen selects iGTB to provide digital trade finance platform

iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, five Austrian Raiffeisen Regional Banks (Raiffeisenlandesbank Niederösterreich-Wien AG, Raiffeisen-Landesbank Steiermark AG, Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, Raiffeisen-Landesbank Tirol AG and Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband regristrierte Genossenschaft mit beschränkter Haftung) and Raiffeisen Bank International (RBI),... more Read more »

Bolero ePresentation Advanced in Ore Shipment From Australia to China

Bolero ePresentation solution achieved a major savings in time and cost on a complex shipment of iron ore from Australia to China in November 2016 for Cargill, the worldwide provider of food, agriculture, financial and industrial products and services. This transaction was handled by Cargill’s Metals business with operations in Singapore and China. Read more »

Bolero to Exhibit at the GTR India Trade and Treasury Conference

Bolero International, the leading trade finance digitisation solution provider, today announced it will be exhibiting at the GTR India Trade and Treasury Conference in Mumbai. Bolero CEO Ian Kerr will moderate a panel looking at ‘Trade digitization and its application for India: successfully implementing fintech into your company model’ between representatives from HSBC and Reliance Industries. Read more »

Bolero named recipient of ‘best trade finance strategy’ in Corporate Treasurer award

On 27th January, Bolero International, the leading trade finance digitisation platform, was named as one of the recipients of Corporate Treasurer 2016 Asia's Best Treasury and Finance Strategy awards. The annual awards honour those with proven vision, but also those who have endeavoured to share their ideas and broaden the treasury knowledge base within Asia, covering a wide range of categories including “Best Trade Finance Strategy” for which... more Read more »

DBS Announces Availability of Online Letter of Credit Service

DBS has launched a new service that allows SMEs to apply for a Letter of Credit (LC) online within five minutes and have it issued within two business days. A first in Singapore, the service makes it simpler and faster for SMEs to apply for trade finance services online, while on the go. Read more »

Intesa Sanpaolo Opts for Bolero ePresentation to Open Up New Frontier in Italian Trade Finance

Intesa Sanpaolo, the leading Italian banking group, has used Bolero’s ePresentation to become the first nationwide Italian bank to issue an electronic import documentary credit, breaking new ground in digitisation of the country’s trade. This pioneering use of an electronic trade instrument slashed the time it took to administer a transaction involving a major Italian thermoplastics company and its Indian supplier and was introduced by the... more Read more »

Misys and essDOCS accelerate unique partnership in paperless trade

Misys and essDOCS, the leading enabler of paperless trade, have joined forces to further eliminate the paper-based and manual processes that hamper international trade finance business. The partnership will see essDOCS’ CargoDocs electronic documents (eDocs) capabilities integrate natively with Misys FusionBanking Trade Services solutions. Digitised documents along the physical supply chain can now be leveraged for use in the financial supply... more Read more »

Ecobank Wins Trade Finance and Treasury Awards at Sibos

Ecobank, the leading independent pan-African banking group, has won the awards for Best Trade Finance Services in Africa and Best Treasury Services in Africa in this year’s Treasury Services Awards, organised by financial trade magazine EMEA Finance. The awards were handed out in Geneva today on the margins of Sibos, the major annual banking conference organised by SWIFT. According to EMEA Finance, Ecobank’s strong pan-African platform and its... more Read more »

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