(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
Fifteen of the world’s largest institutions, including banks, trading companies, an inspection company1 and an energy major have formed a new venture known as komgo SA, that will seek to digitalise the trade and commodities finance sector through a blockchain based open … Read the full press release
Posted in Banks, Commodities, Energy, Gas & Oil, Financial, International Trade, Internet & Online, Management, Technology
Tagged ABN Amro, Blockchain, BNP Paribas, Citi, Commodities, commodities finance, CONSENSYS, CRÉDIT AGRICOLE GROUP, digitalise, DLT, ethereum, GUNVOR, ING, Joseph Lubin, KOCH SUPPLY & TRADING, komgo, komgo SA, Macquarie Group, MERCURIA, MUFG BANK, Natixis, Rabobank, SGS, SHELL TRADING AND SUPPLY, SOCIÉTÉ GÉNÉRALE, Souleïma Baddi, Toon Leijtens, trade, VAKT
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