(IN BRIEF) Standard Chartered has successfully completed an API-based bank guarantee transaction using Komgo’s Konsole platform, adopting the newly launched ICC-Swift API standards for bank guarantees. The live transaction marks a significant step toward an interoperable digital trade finance ecosystem, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, Technology, United Kingdom
Tagged API integration, automation, bank guarantees, Digital Trade Finance, fintech solutions, global energy company, ICC, ICC Swift API standards, interoperability, komgo, Konsole platform, Nicolas Djelalilan, Samuel Mathew, Standard Chartered, Standard Chartered and Komgo Deliver Industry-Standard API-Driven Bank Guarantee Workflow for Global Trade, SWIFT, trade finance digitisation
(IN BRIEF) BBVA has led a $30 million funding round in Olea, a digital platform specialising in supply chain finance, strengthening its role as a strategic partner and accelerating Olea’s global growth. The investment deepens a collaboration that combines BBVA’s … Read the full press release
Posted in Awards, Banks, Business, Financial, Management, Society, Spain, Technology
Tagged Amelia Ng, artificial intelligence, Asia Europe Americas, BBVA, BBVA Anchors $30 Million Round to Accelerate Digital Transformation in Trade Finance, BBVA CIB, BBVA Corporate and Investment Banking, Blockchain, data analytics, Digital Trade Finance, Eva Rubio, global trade, Olea, SC Ventures, Standard Chartered, Supply Chain Finance, theDock, trade corridors, XDC Network
(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
(IN BRIEF) Standard Chartered has launched a new digital feature called Autoquote on its Straight2Bank Next Gen platform, enabling clients worldwide to request and accept pricing quotations for letters of credit (LCs) conveniently and at any time. This innovative request … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Autoquote, Digital Trade Finance, Samuel Mathew, Standard Chartered, Straight2Bank
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