(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) Lloyds Banking Group has made a strategic investment of €3 million in Enigio, a technology company specializing in digital documentation for trade transactions. This investment will support the expansion of Enigio’s trace:original solution, which eliminates the need for … Read the full press release
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