Supply chain finance

169 articles tagged with this keyword

/wholesale

ICC launches report on benefits of trade digitalisation

Today ICC United Kingdom and the Centre for Digital Trade and Innovation launched a major report – Seizing the moment: Unleashing the potential of trade digitalisation - which for the first time sets out the tangible benefits of the Electronic Trade Documents Act and the opportunities this offers international trading companies.

/people

Monavate expands supply chain division with hires

Payments solutions provider Monavate expands its Supply Chain Payments division with three key new hires, with the goal to bring simplicity and clarity to B2B payments in verticals such as travel, marketplaces, and logistics and haulage, where global businesses are slowed down and burdened by unnecessary complexity and friction in payments practices.

/payments

China Resources Bank and GienTech collaborate on supply chain finance

China Resources Bank has debuted two key components of its Financial Infrastructure Innovation Platform – a financial transaction cloud and a new supply chain finance platform – built on ORIGIEN, the financial-grade digital infrastructure developed by digital transformation specialist GienTech.

/startups

Zebox opens startup accelerator in Manchester

Global startup accelerator, ZEBOX opened the doors of its UK hub in Manchester yesterday as it continues its ambition to support and develop the sustainable innovations of tomorrow.

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4Trans secures pre-Series A investment

4Trans, a fintech specialising in financial products for supply chain and logistics companies, has announced a significant but undisclosed pre-Series A from Zero Gravity Capital.

/payments

Standard Chartered and Singapore FinTech Association publish blockchain paper

Standard Chartered, together with the Singapore FinTech Association (SFA) as its knowledge partner, have today published the ‘Deepening Sustainability with DLT’ paper that explores how different stakeholders can work together to improve payment transparency in supply chains.

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Allianz Trade partners with 4Trans

4Trans, a fintech specialising in financial products for supply chain and logistics companies, has partnered with Allianz Trade to offer SMEs in the EU access to secure funding solutions and protection against potential revenue loss.

/cloud

Coupa and Goldman Sachs Transaction Banking team on business payments

Coupa, a global leader in Business Spend Management (BSM), and Goldman Sachs Transaction Banking (TxB), a modern, digital-first, cloud-based bank provider, today announced a joint initiative to simplify payment processes between businesses and their global supply chains.

/crime

Themis releases supply chain risk assessment tool

Themis has announced the release of its innovative supply chain risk assessment tool, which allows companies to map out high risk geographies and sectors and possible touch points from financial crimes including modern slavery and human trafficking, drugs, wildlife and arms and trafficking, bribery and corruption, fraud, money laundering and terrorist financing.

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Finverity raises $5m equity funding

Finverity, the digital ecosystem for trade and supply chain finance, today announces it has raised US$5 million in a heavily oversubscribed equity funding round from new and current investors.

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Trade finance platform Marco secures $200 million credit facility

Marco — the first tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States— announced today it has received a $200 million credit facility from leading middle market lender MidCap Financial and global asset-based private credit specialist, Castlelake.

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Finastra and Integro team to manage risks in trade finance

Finastra, a global provider of financial services software applications and marketplaces, today announced a partnership with Integro Technologies a subsidiary of Aurionpro, the pioneer provider of high-end lending platforms, to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution.

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Commerzbank and T-Systems to deliver automated supply-chain financial services

T-Systems and Commerzbank have signed a cooperation agreement for collaboration in the industrial sector.

/payments

Worldline launches digital payments suite for Indian SMEs

Worldline [Euronext: WLN], a global leader in payments services, today announced the launch of its Buland Bharat digital payments suite, which is designed specially keeping in mind the needs and wants of small and medium businesses (SMBs) in India.

/startups

Pilon raises $5.2 million in seed funding

Pilon, a Singapore-headquartered FinTech firm that offers cloud-based Supply Chain Financing system, announced today that it has successfully raised a seed round of USD 5.2 million (both debt and equity). Wavemaker Partners led this round, with participation from Octava Pte Ltd and Polaris Kin Pte Ltd.

/payments

Skyscend joins Visa Fintech Fast Track programme

Skyscend Inc., a leading SaaS platform provider for supply chain finance, today announced that it has joined Visa’s Fintech Fast Track Program, speeding up the process of integrating with Visa, allowing Skyscend to more easily leverage the reach, capabilities, and security that VisaNet, the company’s global payment network, offers.

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Lamaaa forms Shariah compliant supply chain finance partnership with Banque Saudi Fransi

Banque Saudi Fransi has today signed a landmark Memorandum of Understanding agreement with Lamaa.

/payments

Finastra teams Kotak Mahindra Bank for corporate banking portal

Finastra has today announced that it has partnered with Kotak Mahindra Bank to support its new integrated corporate banking portal, Kotak FYN, using Finastra’s Unified Corporate Portal solution. Kotak Bank and Finastra have been working together since October 2021 to expand the Kotak FYN portal for business and corporate customers. The bank’s customers can use the new enterprise portal to carry out all trade services. By the last quarter of 2022, the Kotak FYN portal will include many other services, including account services, payments and collections, thus eliminating the need for multiple logins and disparate user interfaces.

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Standard Chartered signs supply chain financing MoU with Taulia

Taulia, a leading fintech provider of working capital solutions, and Standard Chartered have signed a memorandum of understanding (MoU) to collaborate across a range of working capital finance solutions, with an initial focus on the provision of supply chain finance and dynamic discounting.

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Siam Commercial Bank to apply blockchain to real estate supply chains

Asset World Corp PCL (AWC), Thailand’s leading real estate developer specializing in integrated lifestyles, is joining with Siam Commercial Bank (SCB) and Digital Ventures to enhance supply chains in Thailand's real estate industry using blockchain technology.