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 20, 2023

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

KredX collaborates with Tradewind Finance to deliver comprehensive export and supply chain financing solutions
Bengaluru (Karnataka) [India], June 3 (ANI/NewsVoir): Continuing its efforts to empower businesses with fast digital and affordable access to liquidity, KredX, India's largest supply chain finance platform.

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

Japan's trade gap widens as import costs surge on supply pressures
The mixed data on Thursday followed the yen's falls to two-decade-lows against the dollar earlier this month, which stoked fears of worsening terms of trade.

May 20, 2022

How fintech solutions can bridge the trade financing gap
Ankit Goel is the Middle East and North Africa head of MODIFI, a a global fintech company that helps small and medium-sized.

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

Wema Bank selects Union Systems for their International Trade Finance Automation
Union Systems Limited, Africa's leading trade finance company, partners with Wema Bank Plc to automate its trade finance operations.

April 5, 2022

UK e-money firm 3S Money launches trade finance fund
London-headquartered payments company 3S Money has launched a trade finance fund providing multi-currency loan facilities for SMEs struggling to access support from international banks.

March 29, 2022

Trade finance and the efforts to boost intra-African trade
According to a report by the AfBB and the African Export-Import Bank (Afrexim), Trade Finance in Africa: Trends Over the Past Decade.

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

ICICI Bank makes ‘InstaBIZ’ interoperable for all merchants
ICICI Bank announced that it has made ‘InstaBIZ’ interoperable, making the benefits of its business banking mobile app available to all.

February 10, 2022

CUBE and LogicGate partner for a comprehensive regulatory compliance solution
CUBE announced a partnership with LogicGate, a provider of transformative governance, risk and compliance solutions.

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

Forex Reserves Decreased By USD 1.47 Billion To USD 639.64 Billion
As per the RBI data, the foreign exchange reserves of the nation decreased by 1.47 billion to USD 639.642 billion in the week ended September 17. Know more.

September 27, 2021

Standard Chartered Announces First Green Trade Finance Facility In UAE
Standard Chartered has announced its first green trade finance facility in UAE to help Amplus Energy Solutions. Sustainable goods, suppliers, end-use many more.

September 27, 2021

Australia’s Airwallex Plans Global Expansion of Cross Border Services By Launch In US
Australia-based FinTech Airwallex declared its launch in North America to expand its cross-border payment services to US-based businesses. Read the full news.

August 27, 2021

India’s Exports Decreased to Nearly $7.1 Billion In the Second Week Of August, Shows Data
As reported by the commerce ministry, India had exported goods worth $35.4 billion in July, led by a quick economic recovery in key western markets.

August 24, 2021

Calculum Launches Ada Solution Focusing On Supply Chain Finance Sector Powered By AI
A new data-as-a-service (DaaS) platform has been launched by fintech Calculum to negotiate better payment terms with trading partners in supply chain finance.

August 19, 2021

How Global Trade and Logistics Are Transforming to Emerging Global Trade Needs?
Take a look at how advanced technologies are transforming global trade & logistics being an important part of global supply chain management. Know more.

August 13, 2021

Blockchain Trade Finance Platform Factorin Raises Investment Worth $23 Million From MTS
Digital Horizon reports selling off its stake in blockchain trade finance platform Factorin to Mobile TeleSystems PJSC. It raises investment worth $23 million.

August 12, 2021

BNP Paribas Discloses “Crucial Recovery’ For Trade Finance Business
A “distinct rise” has been recently reported by French Bank BNP Paribas in its trade finance operations for Q2 this year after its Swiss unit's loss declaration.

August 6, 2021

Govt's Steps To Simplify NBFCs Lack of Liquidity Too Short-term: Fitch Report
The Fitch report said NBFCs will be supported by Rs 70,000 crore recapitalization of state-owned banks to boost their capacity to lend more. Read the full news.

July 28, 2021

Is Bitcoin The Future Of Digital Currency? How Does It Work?
Today bitcoins are a trendy topic in the global market and more & more investors are willing to invest in them. Find our guide on bitcoins and how they work.

July 7, 2021

China Is Rapidly Stepping Into Central Bank Digital Currency, Says Japan Ex-regulator Toshihide Endo
As China is speeding efforts into issuing central bank digital currency (CBDC), it will have a huge impact on how quickly the advanced economies follow suit.

July 1, 2021

Hong Kong’s Covid Isolation Put Its Global Finance At Risks
An uneven & slow Covid-19 vaccine rollout associated with an inability to develop a strategy for coping with the pandemic has brought Hong Kong government policy to the target of business and finance industries.

June 28, 2021

Is Your CIBIL Rating Low? Know The Factors That Affect Your Credit Score
Are you thinking of applying for a loan? Make sure that your credit score is good. Read the blog and know major factors that affect your CIBIL rating in detail.

June 25, 2021

Contour Introduces Trade Finance Network For SMEs In Bangladesh
The first domestic trade finance blockchain network has been launched by Contour for SMEs in Bangladesh to provide greater access to digital letters of credit.

June 18, 2021

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