Fintech News

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

Standard Chartered eyes bank partnerships to expand reach of trade tracking tool

Standard Chartered plans to partner with banks around the world to expand the reach of Trade Track-It, a recently launched online portal designed to …

Fintech / 19-10-22 / by John Basquill

Contour brings in Cotti as an advisor

Contour has brought in Daniel Cotti, former managing director, centre of excellence banking and trade at Marco Polo, as a consultant, as the digital …

Fintech / 10-10-22 / by Eleanor Wragg

Veridapt partners with SGTraDex on secure data sharing

Veridapt, an Australian fintech company, has joined the Singapore Trade Data Exchange (SGTraDEx) as a development partner, bringing its deal workflow management tool onto …

Fintech / 20-09-22 / by Eleanor Wragg

Exclusive: Contour buys we.trade’s rulebook, doubles down on expansion into open account trade finance

Digital trade finance network Contour is acquiring the rulebook and other associated legal documents from defunct blockchain platform we.trade, as part of plans to bring …

Fintech / 05-09-22 / by Eleanor Wragg

Lloyds Bank completes first UK digital promissory note pilot

Lloyds Bank and Swedish fintech Enigio have completed the UK’s first digital promissory note transaction, in a pilot hailed as “significant” for the wider …

Fintech / 30-08-22 / by Felix Thompson