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Asia

TEB Factoring and Balorman first to sign digital SCF...

The first-ever supply chain finance (SCF) transaction on a digital platform... (more…)

#interest rates#international#smes

Chinese bank runs pilot tests for cross-border trade finance...

China’s State Administration of Foreign Exchange has announced running a blockchain pilot to address ... (more…)

#bank#blockchain#conference


Sri Lankan bank raises US$60m in foreign funding for...

With its strong ethos of nurturing and fostering micro and SMEs in the country to... (more…)

#bank#business finance#emerging markets


Confident about some of the NBFCs, says HSBC India...

Breaking into a consortium to lend to a good company in India is not just tough... (more…)

#NBFC


Infosys Finacle, HNB to pioneer DLT-based SCF in Sri...

Sri Lanka-based Hatton National Bank(HNB) has selected Finacle Trade Connect to enable a blockchain-based domestic and cross-border trade finance network.…

#bank#blockchain#risks


Indian company completes first transaction on Invoicemart platform

India’s steel giant Steel Authority of India (SAIL) has collaborated with Invoicemart to facilitate large number of... (more…)

#bank#digital#invoice


Alipay’s parent applies blockchain to supply chain finance

On January 4th at the ATEC conference in China, Alipay’s parent Ant Financial announced... (more…)

#bank#blockchain#invoice


Enforcement of proceedings in concordat process in Turkey

In concordat process, it is not possible to initiate enforcement proceedings including the ones for... (more…)

#bankruptcy#receivables


Hyundai Commercial finance arm trials IBM blockchain technology

Hyundai’s commercial finance arm is trialling IBM blockchain to speed up and secure... (more…)

#blockchain


How artificial intelligence-backed fintechs are solving working capital woes...

While traditionally the market has been limited to funding and optimising working capital... (more…)

#blockchain#invoice#platforms


Japanese bank completes POC on Marco Polo

Japanese banking giant...has completed a proof-of-concept (PoC) using... (more…)

#blockchain#Marco Polo


Hyundai subsidiary uses IBM Blockchain to expand SCF services

Hyundai Commercial, South-Korea-based subsidiary of manufacturer Hyundai Motors, has announced working... (more…)

#IBM

Singaporean invoice finance provider to use blockchain to replace...

Singapore-based invoice finance provider Incomlend is launching a new blockchain platform that will allow... (more…)

#L/C

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