Surecomp Welcomes Semsoft’s Trade Risk Intelligence Solution LESTR to its Digital Trade Finance Hub RIVO
- 1 year 1 month ago
- Trade Finance
Surecomp today announced that Semsoft is the latest fintech to be integrated to its trade finance hub RIVO. The company’s flagship solution LESTR - an advanced artificial intelligence (AI) and data analytics maritime and trade risk intelligence platform - enables companies to monitor suspicious activity across their international trade operations.
Finastra and ELCY Partner to Bring Corporate Trade Finance Portal to Market
- 1 year 2 months ago
- Trade Finance
Finastra, a global provider of financial software applications and marketplaces, is partnering with ELCY, a specialist in e-commerce solutions for the processing of international trade finance, to provide a trade finance solution for corporates.
Bank ABC Launches ABC Trade, a First-of-its-kind Digital Documentary Trade Platform
- 1 year 3 months ago
- Trade Finance
Bank ABC has announced the launch of ABC Trade, a unique cloud-based, digital platform powered by Swiss market-leading technology provider, Komgo SA, offering clients an enriched product suite for Documentary Trade.
Finastra Signs Global Agreement with Microsoft to Accelerate Trade Platform Modernization
- 1 year 3 months ago
- Trade Finance
Finastra today announced a multi-year global agreement with Microsoft focused on trade platform modernization, building on the existing availability of Finastra Trade Innovation in the cloud. Delivering the full functionality of Trade Innovation via a full microservices architecture using Microsoft Azure, will give banks increased agility, flexibility and scalability, enabling them to continue to provide service excellence to customers... more
P2P Market Bolsters with Surging Search Trends
- 1 year 3 months ago
- Trade Finance
Over the summer, the number of monthly visits to the most popular European continental P2P platforms grew by 22.5%. The analysis of monthly traffic to the websites of leading European P2P platforms confirms the growing activity of investors, both current and potential. Over the last 3 months, the number of monthly visits has increased from 4.1 M to almost 5 M.
“Young” P2P Platforms Hit Key Milestones Faster
- 1 year 3 months ago
- Trade Finance
P2P platforms used to take about 5 years to reach key metrics, whereas in current conditions, new companies need just 3 years to do so.
Capital.com Data Shows High Correlation Between Google Search Trends and UK Retail Trading Behaviour
- 1 year 4 months ago
- Trade Finance
Recent data compiled by high-growth global trading platform Capital.com, revealed a strong correlation between Google search trends and the trading behaviour of its UK clients.
GUUD Integrates INFT Supply Chain Financing Platform and RYTE Trade Finance Application Portal, Empowering SMEs with Diverse Trade Finance Solutions for Global Competitiveness
- 1 year 4 months ago
- Trade Finance
GUUD Pte Ltd, a cross-border trade facilitation solutions company, has announced the seamless integration of its cutting-edge INFT supply chain financing platform with its award-winning RYTE Multi-Bank Trade Finance Application Portal (RYTE TFAP) in a strategic move to revolutionize the trade finance landscape. this breakthrough integration aims to empower small and medium-sized enterprises (SMEs) by providing them with a wide range of trade... more
Commerzbank is the First German Bank to Successfully Carry Out Live Transactions on Trade Finance Network Contour
- 1 year 5 months ago
- Trade Finance
Commerzbank is the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex Exim LLP, a Singapore-based textile trader, on Contour, a digital trade finance platform. The LC was issued for a shipment of rubber threads from Thailand to Krungthai Bank. Contour’s decentralised platform resulted in significant time and cost savings within this process.
Divido Set to Create World’s First Embedded Retail Finance Network with the Launch of Expanded Product, ‘Divido Connect’
- 1 year 5 months ago
- Trade Finance
Checkout finance provider, Divido, has announced the upgrade of its UK direct-to-merchant platform to now give merchants easy access to retail finance across Europe. With ‘Divido Connect’ merchants can now uniquely offer retail finance from a network of reputable lenders across the UK and Europe.
Surecomp Named a Leader in IDC MarketScape on Trade Finance Systems
- 1 year 5 months ago
- Trade Finance
Surecomp® today announced that it has been placed in the Leaders Category of the IDC MarketScape: Worldwide Trade Finance Systems 2023 Vendor Assessment (doc #US49436622, 28 June 2023).
ABN AMRO Bank Goes Live with New Release of IBAS, Building on Five-year Collaboration Agreement with CBA to Automate Trade Finance Processes
- 1 year 5 months ago
- Trade Finance
Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that ABN AMRO Bank has gone live on the latest version of CBA’s IBAS GTF – Global Trade Finance Factory solution which the bank uses to run its global trade finance operations. The successful go-live follows the signing of a five-year agreement between ABN AMRO Bank and CBA, giving both parties a solid foundation to continue collaborating and innovating in the... more
ACY Securities Partners with Currencycloud to Accelerate Their Clients’ Access to Trade the Global Market
- 1 year 6 months ago
- Trade Finance
Sydney-based multi-asset broker ACY Securities has partnered with Currencycloud, the experts simplifying business in a multi-currency world. By using Currencycloud’s plug-and-play platform, ACY Securities can now help traders to seamlessly deposit funds via local payment rails across 180 different countries and more than 35 currencies.
Trading Different Asset Classes, for Longer, Proves More Profitable According to New Data
- 1 year 6 months ago
- Trade Finance
According to new data compiled by high-growth global trading platform Capital.com, clients who trade for longer periods of time across a wide range of asset classes are more profitable than those who close-out positions immediately or trade just one specific market.
Cross-Border Payment and FX provider Universal Partners joins forces with Muse Finance to Offer Clients Digital Invoice and Trade Finance Services
- 1 year 6 months ago
- Trade Finance
Universal Partners, a leading FCA-regulated, cross-border payment and foreign exchange specialist for businesses, today announced a strategic partnership with embedded finance fintech Muse Finance to offer clients digital invoice and trade finance.
