Axioscreditbank · Newsroom
MonetaGo to deliver Singapore’s Trade Finance Registry To prevent duplicate financing fraud
MonetaGo has been picked by the Association of Banks in Singapore to build the Trade Finance Registry (TFR), to curb duplicate financing fraud. Know more.
June 17, 2022
Fidelity Bank Associates With Union Systems To Optimize Trade Finance Operations
Fidelity Bank has partnered with Union Systems Limited to adopt its KachasiTM Trade Finance Software and OptimusTM Corporate Portal, automating trade finance services.
June 9, 2022
IFC To Develop Digital Banking With BFIU, Financial Inclusion
The International Finance Corporation is likely to develop a secure digital banking structure under a deal signed with Bangladesh Financial Intelligence Unit. Know more.
October 27, 2021
British Regulators Warn UK Watchdogs, Said Banks Falling Short On Trade Finance Checks
British regulators warn UK watchdogs. They explained that the banks are incapable of conducting proper trade finance checks to curb trade finance losses. Know more.
September 20, 2021
Tesco Bank Announced Closure Of All Of Its Current Accounts On 30th November
It has been announced by Tesco Bank that it is closing all of its 213,000 personal current accounts on 30th November due to being less utilized by its customers.
August 13, 2021
International Trade Industry Hit By Supply Chain Disruptions
The Covid-19 has adverse effects on global trade & supply chain. From lost revenues to decreased product demand & investments, the global economy is suffering.
August 13, 2021
SIX Partnered With LUXHUB To Accelerate Switzerland’s Financial Services
Zürich-based SIX Group has partnered with Luxembourg-based Fintech firm LUXHUB to further provide and improve the adoption of Open Banking in Switzerland.
August 12, 2021
QPS Global to Invest Us$10 Million Into Key Middle East Markets
QPS Global is planning to expand its activities in the Middle East markets with an investment of US$10 million including UAE, Saudi Arabia, Qatar, Oman and Kuwait.
August 6, 2021
US Economy Continues To Recover Despite COVID-19 Surge: US Federal Reserve
The Federal Reserve said that the economic recovery of the US is showing positive signs despite a surge in coronavirus cases, the US job market needs to improve.
August 3, 2021
GUUD Announced New RYTE Financing Platform To Improve Trade Finance for All Businesses
Singapore's GUUD (Finance) Pte. Ltd. ("GUUD Finance") launched RYTE, an advanced trade financing technology platform that connects financiers to businesses.
July 22, 2021
Marco Financial Secures $82m To Encourage Small Latin American Exporters
Marco Financial has raised $7 million in seed funding and $75 million in a credit facility, by Arcadia Funds LLC and Kayyak Ventures to boost LatAm market.
July 21, 2021
UK Is All Set To Sharpen London As A Global Financial Centre
The latest Tweet by Reuters states that the UK is sharpening London as a global financial center. Britain’s finance ministry set out changes to capital markets.
July 8, 2021
US-China Tech Wars - Trade Wars Are Now Turning Into Technology Wars
Beijing’s Made in China 2025 program triggered the increased technology war between the US and China. Started by Trump, Biden is transforming into the tech war.
June 23, 2021
Kuwait International Bank Sets To Sell Debt Owed By NMC Health
Kuwait International Bank (KIB) is all set to sell out $13.25million from some of its debt of amount$74.11 million owed by NMC Healthcare. Read the full news.
June 14, 2021