Ngulminthang · Newsroom

Kenya-EU Economic Partnership Agreement: A Milestone in Bilateral Trade
In a landmark move, Kenya and the European Union inked a historic trade deal aimed at fostering economic collaboration between the two regions.

January 26, 2024

Afreximbank Grants UBA $150m Trade Finance Facility
United Bank for Africa Plc has got a $150m trade finance facility from the African Export-Import Bank, to cushion the effect of the Ukraine war on customers.

November 16, 2023

Docutrade Facilitates Unprecedented Trade Finance Transaction With Electronic Bill Of Lading Conversion And Capital Provision
Yodaplus DocuTrade, in a collaborative endeavor with its ecosystem partner XDC Trade Network, has successfully executed a pioneering transaction by converting traditional paper Bills of Lading (BL) to electronic BL (eBL).

November 16, 2023

Trade Ledger to Launch Beta Program for AI-Enabled Working Capital Solution
Trade Ledger pioneers AI-enabled working capital solutions, set to revolutionize financial landscapes through their upcoming beta program launch.

October 13, 2023

Blue Yonder to Expand Supply Chain Solutions With Doddle Acquisition
Blue Yonder fortifies its supply chain solutions with the strategic acquisition of Doddle, signaling an expansion in comprehensive logistics capabilities.

October 13, 2023

Bank of America advances digital transformation in trade finance with CashPro Supply Chain Solutions
Bank of America is embarking on a multi-year initiative to digitise trade finance through its new platform, CashPro Supply Chain Solutions.

September 20, 2023

Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities in Emerging Markets
Standard Chartered Americas (the “Bank”) today announced that it has entered a trade finance partnership with Truist Bank (NYSE: TFC) that will enhance Truist clients’ ability to conduct global business.

September 20, 2023

Uk Government Announces Sustainability Program To Help Smes With The Green Transition
On 14 August, the UK government unveiled a new “one-stop shop” aimed at assisting small businesses in their efforts to lower carbon emissions.

August 16, 2023

Absa CIB joins Contour trade finance network
Contour, the leading digital trade finance network, announced that leading Pan-African bank, Absa Corporate and Investment Bank (CIB), is the first African bank to officially join its growing production network.

August 16, 2023

HSBC continues push into e-commerce trade finance with Dowsure tie-up
HSBC has partnered with Dowsure Technologies, a China-based cross-border e-commerce API platform, to facilitate the flow of trade finance to online suppliers by leveraging transaction data instead of collateral or financial documents.

July 27, 2023

Eezyimport partners with Drip Capital, streamlines access to simplified trade financing
This strategic Eezyimport - Drip Capital alliance revolutionizes the traditional trade finance landscape by providing faster, more efficient digital solutions for U.S. importers engaged in cross-border trade.

July 18, 2023

Charting the global economy: BOE's surprise and global trade may be improving
BOE policymakers also reiterated earlier guidance pointing to even higher rates, similar to the message Federal Reserve Chair Jerome Powell conveyed to US lawmakers this week.

June 28, 2023

DBS to set up base in GIFT City
The Development Bank of Singapore (DBS), a Singaporean multinational banking and financial services corporation, has been given approval by the Inter

June 28, 2023

Bank Btpn In Indonesia Streamlines Trade Finance Processing
Surecomp, a leading provider of global trade finance solutions, has announced that PT. Bank BTPN Tbk (BTPN), one of the leading privately-owned banks in Indonesia and part of the SMBC Group, has gone live with its DOKA solution.

May 22, 2023

Democratising The Trade Finance Process Through Digitalisation
Trade finance offers exceptional growth opportunities for businesses looking to trade internationally, but has sadly lagged behind other services due to its complicated nature and high barrier to entry.

May 22, 2023

Interoperability Between Digital Trade Finance Solutions On The Rise
New partnerships will streamline and simplify trade finance processing, leading to new business opportunities, improved trade productivity.

March 20, 2023

Rising Rates Are Reshaping Once-Lucrative Commodity Trades
As rates rise, the additional costs of a weeks-long journey or extended storage in a warehouse or tanker are making certain trades far less attractive.

March 20, 2023

DiMuto and Aleta Planet Streamline B2B Payments and Trade Finance
The MENA-focused B2B eCommerce Tradeling has announced a collaboration with Mastercard to help small businesses.

January 18, 2023

Wema Bank taps Kachasi Trade Finance to improve efficiency via automation
Wema Bank has gone live on Kachasi Trade Finance Software to enable the achievement of full automation of trade finance operations.

January 18, 2023

African Development Bank Partners with Bank One on Trade Finance
The African Development Bank Group is supporting the trade finance efforts of Bank One Limited.

December 24, 2022

Bpifrance selects Thought Machine to power finance offerings to SMEs
Thought Machine has been selected by Bpifrance, the French public investment bank, to use its cloud-native core banking platform, Vault Core.

December 15, 2022

Vayana TradeXchange initiates its first transaction in partnership with VoloFin
Vayana TradeXchange, the International Trade Financing Services (ITFS) platform facilitating cross-border trade finance under the.

December 1, 2022

Accord Financial Unites Middle Market Financing
Accord Financial Corp., one of the U.S. and Canada's leading independent commercial finance companies & ("Accord") (TSX: ACD) announced a.

November 18, 2022

Global Trade Management Market Report 2022
Global trade management market report 2022 covers the emerging trend of digitalization & increasing volume of international trade driving growth. Take a look.

August 8, 2022

African Development Bank Accepts Risk Participation Agreement with Crédit Agricole CIB
African Development Bank accepts the Risk Participation Agreement with Crédit Agricole CIB worth $50 million to promote intra-African trade. Read the full news.

July 29, 2022

GST as a credit risk assessment tool will help reduce NPAs for SMEs
GST data will allow lenders to monitor the credit worthiness for loan performance as an early warning.

July 11, 2022

Challenger Management Joins Hands With DP World To Finance Trade
DP World has joined hands with Challenger Management Limited to further enable customers to access working capital solutions from the global trade finance fund.

July 1, 2022

NBK named Best Trade Finance Bank in Kuwait for 2022
In the annual survey of GTR magazine specializing in global emerging markets and trade finance.

June 17, 2022

IMF appoints Krishna Srinivasan as director of Asia and Pacific Department
Srinivasan's appointment as APD director will be effective from June 22.

June 14, 2022

Singapore's New Trade Data Sharing Platform Aims to Regulate Fraud
The Singapore Trade Data Exchange (SGTraDex) was introduced recently after the strategy was announced last year. Read the full news.

June 3, 2022

Surecomp Launches API Trade Finance Platform
Surecomp is launching an API-based trade finance platform designed to create a collaborative ecosystem of corporates, financial institutions and FinTechs.

May 20, 2022

Singapore authorities say commodity finance “stable” amid growing market concerns
A Singapore senior minister says the city-state’s financial regulator does not plan to inject liquidity into the commodity finance market, insisting access to finance from the banking sector remains robust.

May 12, 2022

Deutsche Bank splits trade finance leadership across Europe, Asia
Deutsche Bank has appointed Atul Jain and Oliver Resovac to jointly take the reins of its global trade finance and lending business.

April 29, 2022

Surecomp Debuts Duplicate Financing Fraud Prevention
Surecomp is launching a new offering that uses advanced cryptographic technology to help financial institutions to lessen the risk of duplicate financing fraud.

April 13, 2022

Africa: Trade finance and the efforts to boost intra-African trade
Over the last ten years, Africa’s trade growth has been one of the worst among the major global regions, mostly due to falling commodity.

March 29, 2022

Economy is well prepared to absorb any upcoming external shock: Finance ministry
“Notwithstanding global developments, Indias forex reserves also stood at record high and large enough to finance more than 12 months of import,” The report added."

March 17, 2022

Riding the Embedded Finance wave in post-covid era
Imagine you want to buy a limited edition headphones, but they’re a bit expensive. For a moment, you change your mind but then a message pops up. It says you don’t have to pay for.

March 2, 2022

Polytrade an agent of change in trade finance industry, helps SME borrowers gain access to funds
The award ceremony was jointly convened by the SME Chamber of India and Maharashtra Industrial and Economic Development Association on February 13

February 24, 2022

Combating Fraud in the Digital World: Interview with Kurt Weiss, Head of Financial Services, Ekata
Ekata Inc., a Mastercard company, empowers businesses to enable frictionless experiences and combat fraud worldwide. The Ekata Identity Engine.

February 10, 2022

Budget growth-oriented, follows familiar strategy of driving Capex to fuel growth: Bankers
State-owned Bank of India's Atanu Kumar Das said pump-priming private investment as laid out in the budget proposals will lead to multiplier effects across all segments of the real sector.

February 3, 2022

New Study from GIA Reports an $8.7 Billion Global Market for FinTech Blockchain by 2026
GIA Report titled "FinTech Blockchain - Global Market Trajectory & Analytics" highlights Global FinTech Blockchain Market to Reach US$8.7 Billion by the Year 2026

November 22, 2021

Jersey Finance Signed MoU with DIFC
Jersey Finance encountered a Memorandum of Understanding with the Dubai International Finance Centre for maintaining closer collaboration over the coming years.

November 18, 2021

MineHub Technologies Introduced Trade Finance Network Application
MineHub Technologies Inc. has declared the introduction of its Trade Finance network application, accessible to all platform users to connect them with financiers.

November 17, 2021

Afreximbank and ITFC sanctioned a US$250 million finance facility to Aid Africa
Afreximbank and the International Islamic Trade Finance Corporation marked a US$250 million facility to fund the COVID-19 response program and economic recovery.

November 15, 2021

Drip Capital To Provide Blockchain-Enabled Financing Solutions With TradeLens
Drip Capital partners with TradeLens with an agenda to provide blockchain-enabled trade financing solutions for worldwide small and medium businesses. Know more.

November 12, 2021

StanChart Provides First-Ever Sustainable Trade Finance Support In Bangladesh
Standard Chartered Bangladesh has provided the country's first feasible trade finance backing to Square Textiles under a letter of credit transaction. Read our full news.

November 10, 2021

Mastercard Partners With Demica To Get Supply Chain Finance Space
Mastercard is in association with tech-based working capital solutions provider Demica to carry out supply chain finance capabilities to its B2B customers. Know more.

October 27, 2021

Contour Collaborates With Gleif To Enable LEI Utilization On Digital Trade Finance Network
Contour, the digital trade finance network has associated with the Global Legal Entity Identifier Foundation (GLEIF) to empower LEIs within its network. Know more.

October 26, 2021

Tradeteq Joins Hands With XinFin Group on Trade Finance NFT
Tradeteq, a technology provider for trade finance asset distribution has completed an NFT transaction with Singapore’s eXchange inFinite’s (XinFin) XDC network.

October 1, 2021

Standard Chartered Declares First Green Trade Finance Facility
Standard Chartered has announced a new set of sustainable trade finance solutions to provide its first green trade finance facility in support of Petronas Group.

September 27, 2021

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