Bolero Announces Flagship Client for Galileo TPaaS for Banks; the Industry’s First White-labelled Trade Finance Portal-as-a-service Solution.
- 2 years 10 months ago
- Trade Finance, Cloud
Bolero International, the leading cloud-based trade finance digitization experts, announce the signing of UBS as its first major customer for Galileo TPaaS, its new white-labelled trade finance portal-as-a-service solution for banks.
Banco Pichincha Chooses Surecomp® for End-to-end Digital Trade Finance Processing
- 2 years 10 months ago
- Trade Finance
Surecomp® has today announced that Banco Pichincha - Ecuador’s leading financial institution with $4.5 billion in assets - has chosen its next-generation trade finance processing technology for front to back-office operations. The bank will deploy Surecomp’s cloud-based Trade Finance-as-a-Service (TFaaS) solution to support the growth of current and future trade finance transactions.
LiquidX Completes First Securitization Facility: USD $125 Million Receivables Portfolio Transaction with NORD/LB Serving as Agent and Funder
- 2 years 11 months ago
- Trade Finance, Credit Cards, Insurance
LiquidX, the global technology solutions provider for working capital, trade finance, and trade credit insurance, has expanded its technology offering to include reporting capabilities for securitization facilities. LiquidX sourced and facilitated a USD $125 million accounts receivable (A/R) finance program for a USD $20 billion company in the Technology Media and Telecom (TMT) sector. The structure achieved true sale recognition through the... more
Merchant Cash Advance Renewals up 90%
- 2 years 11 months ago
- Cash management, Trade Finance
· 90% increase in merchant cash advance renewals in 2021 compared to 2020 · 365 Business Finance has seen a 34% rise in the average amount funded for renewals Specialist lender 365 Business Finance, a funder of small to medium sized businesses across the UK, has reported a 90% increase in merchant cash advance renewals in 2021, compared to the previous year.
LiquidX Joins RiskStream Collaborative™ Blockchain Working Group to Streamline Surety Bonds Power of Attorney Verification
- 3 years 6 days ago
- Blockchain, Trade Finance, Insurance
LiquidX, the global fintech solutions provider for working capital, trade finance, and trade credit insurance, has joined The Institutes RiskStream Collaborative™, the risk management and insurance industry’s largest enterprise-level blockchain consortium, and will participate in a working group serving the surety industry. The aim of the working group is to streamline and digitize the power of attorney registration and verification process... more
S-Kreditpartner Chooses SIA to Launch New Payment Card in Germany
- 3 years 1 week ago
- Trade Finance, Payments, Infrastructure
SIA's technology infrastructure will process the transactions made using the innovative FlexiGeld card issued by the leading consumer finance company for German savings banks
Japan’s TIS INTEC Group Invests in Digital Trade Finance Network Contour
- 3 years 1 week ago
- Trade Finance, IT Innovations
TIS INTEC Group, one of Japan’s leading IT services providers, has invested in Contour, the digital trade finance network. The investment follows TIS and its affiliates partnering with Contour in various Asian countries throughout 2021 to accelerate digitisation of trade finance in the region.
Reuters Next Returns With Over 150 World Leaders to Discuss the Most Critical Issues of Our Age
- 3 years 1 month ago
- Trade Finance, Compliance, Regulatory Standards
The United States Secretary of the Treasury Janet L. Yellen, multiple award-winning musician and co-founder of CHIC Nile Rodgers, and Director-General of the World Trade Organization Ngozi Okonjo-Iweala were today announced as the latest headline speakers at Reuters NEXT.
Return of the Doorbusters: Mastercard SpendingPulse Anticipates 10%* U.S. Retail Sales Growth Thanksgiving Week
- 3 years 1 month ago
- Trade Finance, Payments
October retail sales grew 6.1%* year-over-year, marking a strong start to the holiday shopping season
Qatar to Establish a Fintech Trade Finance Platform Serving the Middle East and Central Asia From QFC (Qatar Financial Centre)
- 3 years 1 month ago
- Trading Systems, Trade Finance
Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has recently welcomed aboard NEBIX LLC, a fintech digital trade finance marketplace headquartered in Doha. NEBIX joins QFC’s comprehensive suite of fintech companies, which will help advance Qatar’s position as a rising regional trade finance hub.
LiquidX Announces InBlock Digital Policy Management for Trade Credit Insurance
- 3 years 2 months ago
- Trade Finance, Management, Insurance
The trade credit insurance ecosystem loses over a billion dollars annually due to process inefficiencies, lack of transparency, and human error. InBlock Digital Policy Management leverages blockchain technology, AI, and machine learning, allowing market participants to reduce risk, increase efficiency, and scale through automation.
MEXC Wins Major Award at the Crypto Expo Dubai Conference
- 3 years 2 months ago
- Trading Systems, Trade Finance, Cryptocurrencies
MEXC Global has won the title of the best crypto exchange in Asia at the Crypto Expo Dubai 2021. The event featured some of the biggest brand names in the blockchain industry.
Contour Partners With GLEIF to Enable LEI Usage on Digital Trade Finance Network
- 3 years 2 months ago
- Online Trading, Trade Finance
Contour, the digital trade finance network, has partnered with the Global Legal Entity Identifier Foundation (GLEIF) to enable the use of Legal Entity Identifiers (LEIs) within its network and to financially support its members in obtaining their own LEI.
Legion Capital Announces Stock Repurchase Program
- 3 years 2 months ago
- Trade Finance
FinTech driven specialized lender to repurchase up to 2 million outstanding common shares
XinFin’s XDC Network and Tradeteq Launch World’s First Trade Finance-Based NFT Transaction
- 3 years 2 months ago
- Trading Systems, Trade Finance, Payments
Tradeteq and XDC Network partnership brings together industry participants to facilitate the adoption of non-fungible tokens (NFT) for real world decentralised finance (DeFi) in the global trade finance market
