News
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07.06.2022
ANEXT Bank’s Soft Launch Drives Fintech For SMEs
As per the latest news, ANEXT Bank, a digital wholesale bank established in Singapore and an entirely owned subsidiary of Ant Group, reported its soft launch today. This soft launch is followed by its receipt of MAS’s acceptance to start its business operatio...
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03.06.2022
Contour’s Decentralized Network Digitizing Letters of Credit in Global Trade
Synopsis“The $18 trillion-plus international trade market is one of those last industries that are resistant to digital transformation in the financial & banking operations. For example, Letters of ...
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01.06.2022
India Exim Sets To Announce Export Factoring For MSMEs
According to the latest news, the Export-Import Bank of India (India Exim) is all set to introduce its export factoring program for ...
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23.05.2022
Market Research, Inc. “Blockchain In Trade Finance and Credit Insurance Market” Report
The latest research report has been recently published by Market Research, Inc under the title, “Blockchain In Trade Finance and Credit Insurance Market” which gives a comprehensive view of the market’s most popular trends, drivers, future develop...
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19.05.2022
Citi Strives To Boost Africa Supply Chain Finance BII Support
The latest news highlights a risk-sharing lending arrangement between Citi and BII (British International Investment) worth $100 million, focused on boosting supply chain financing volume in Africa by up to four times as a result. ...
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17.05.2022
Contour Partners With TradeLens To Digitally Transform Trade Finance Workflows
As per the latest news, Contour, a global digital trade finance network has reported its partnership with TradeLens, a blockchain-based supply chain platform focused on delivering a secure, safe & transparent transfer of electronic Bills of L...
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13.05.2022
Trade Agreements with UAE, Australia Will Develop Economic Growth: Indian FM Nirmala Sitharaman
According to the latest statement released by Indian Finance Minister Nirmala Sitharaman, the nation’s trade agreements with UAE and Australia will pave the way for economic development....
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09.05.2022
HSBC Named New Global Trade And Receivables Finance Head
As per the latest news, HSBC has named Vivek Ramachandran as Head of Global Trade and ...
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02.05.2022
The Global Letter of Credit Confirmation Industry is Expected to Reach $4.5 Billion by 2027
According to a report named “Global Letter Of Credit Confirmation Market (2022-2027) by Type, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis”, the Global Letter Of Credit Confirmation Industry is evaluated to be USD 393...
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29.04.2022
MonetaGo’s Invoice Fingerprint System To Prevent Trade Finance Deduplication In India
As per the latest news, MonetaGo reported a significant advancement in following through with its commitments of preventing duplicate financing of invoices in India, four years after its commencements, by introducing ways of reshaping the speed and tra...
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