Fintech News

Shipping industry sets course for fully paperless trade

Nine of the world’s major ocean carriers have formally committed to the full adoption of the electronic bill of lading (eBL), in a move …

Fintech / 15-02-23 / by Eleanor Wragg

Roundtable: The next frontier of bank-fintech collaboration

As trade digitalisation has progressed, so too have efforts to drive greater collaboration between banks and fintech companies as they work to harness new …

Fintech / 30-01-23 / by Shannon Manders

GSBN notches up first bulk electronic bill of lading issuance, brings in new member

Global Shipping Business Network (GSBN), a Hong Kong-based blockchain consortium, has transmitted the first electronic bill of lading (eBL) for bulk cargo on its …

Fintech / 17-01-23 / by Eleanor Wragg

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