Standard Chartered completes Trade Financing Validation Service with MonetaGo


Standard Chartered has successfully completed an industry-first pilot testing of the Trade Financing Validation Service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on a global scale.

With a view to effectively detecting, deterring and preventing duplicate financing, the Trade Financing Validation Service powered by fintech MonetaGo’s Secure Financing system is the first natively global solution that is interoperable between markets.


All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.
Posted on Sep 8, 2022
Region: Global
Fintech
Trade Financing Validation Service, MonetaGo, SWIFT, Standard Chartered, risk management, Jesse Chenard, Harry Newman, Samuel Mathew