(IN BRIEF) Lloyds and Mercore have completed a series of landmark digital transactions involving the secondary participation in a digital bill of exchange (DBE), unlocking faster and more liquid trade processes. This innovative solution, powered by Enigio’s trace:original platform, streamlines … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, News, United Kingdom
Tagged Anthony Wadsworth-Hill, cross-border trade, DBE, digital bill of exchange, digital negotiable instruments, Digital Trade Finance, Enigio, financial inclusion, financial innovation, Four-Corner transactions, Lloyds, Mercore, secondary market, Surath Sengupta, trace:original, trade liquidity
LONDON, 24-3-2015 — /EuropaWire/ — Small businesses in the UK are embracing renminbi (RMB) to settle cross-border trade faster than other countries in Europe and North America, a survey from HSBC has indicated. Small businesses in the UK are embracing … Read the full press release
Posted in Banks, Business, Financial, Small Business, United Kingdom
Tagged Chinese currency, cross-border trade, HSBC, Mark Emmerson, SMEs in UK
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