Fintech News

Surecomp links up with Traydstream to bring document checking onto Rivo

Surecomp, a provider of trade finance systems to banks and corporates, has signed a partnership agreement with London-based fintech Traydstream to integrate AI-powered document …

Fintech / 17-01-23 / by Eleanor Wragg

Traxpay and Arqit to issue “quantum-secure” digital trade finance instruments

Supply chain finance platform Traxpay has inked an agreement with Arqit, a provider of encryption security technology, to develop digital trade finance instruments that …

Fintech / 14-12-22 / by John Basquill

Kyriba launches receivables finance solution to help corporates release tied-up cash

Cloud-based financial and IT solutions provider Kyriba has set up a receivables finance module on its platform, to meet demand from corporates to accelerate …

Fintech / 14-12-22 / by Eleanor Wragg

TradeLens failure ‘the most exciting time’ for GSBN, says CEO

Last month’s demise of TradeLens, a blockchain-powered supply chain ecosystem, caught many in the industry by surprise. Speaking to GTR, Bertrand Chen, CEO of …

Fintech / 14-12-22 / by Eleanor Wragg

Exclusive: Komgo buys GTC

Commodity trade finance platform Komgo has acquired Canada-based GlobalTrade Corporation (GTC) for an undisclosed sum, GTR can reveal. Established in 2002, GTC is a …

Fintech / 01-12-22 / by Eleanor Wragg

Maersk and IBM pull the plug on TradeLens

AP Moller-Maersk and IBM are scrapping TradeLens, a supply chain ecosystem that facilitates information exchange for more than 65% of containerised trade, in a …

Fintech / 29-11-22 / by Eleanor Wragg

Banks turn to network tools and anomaly detection to fight financial crime

Financial institutions are increasingly using network analytics and anomaly detection tools to identify potential collusion between parties in a trade transaction, as warnings grow …

Fintech / 02-11-22 / by John Basquill

Standard Chartered to tokenise trade finance in Singapore digital asset pilot

Standard Chartered is launching a trade finance tokenisation pilot as part of a Monetary Authority of Singapore (MAS) initiative that is exploring the economic …

Fintech / 02-11-22 / by Eleanor Wragg

Industry cheers live launch of MonetaGo fraud prevention tool on Swift following ICC UK call to action

Financial technology solutions provider MonetaGo has launched its Trade Financing Validation Service into live production over the global Swift network, in a move welcomed …

Fintech / 26-10-22 / by Eleanor Wragg

Exporters “unaware” of UK legal reforms to digitise trade

The quest to reduce the estimated 28.5 billion paper trade documents printed and flown around the world daily is well underway in the UK, …

Fintech / 19-10-22 / by Eleanor Wragg