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TradeGo and WaveBL have completed six freight financing disbursements using electronic bills of lading (eBLs) as pledged collateral, providing a Chinese freight forwarder with working capital to meet advance ocean freight costs. The transactions were executed on 28 October and...
#China#documentary collateral#eBL
Lloyds and BRAC Bank have completed a fully digital documentary collection for a garment shipment from Bangladesh to UK retailer…
#Bangladesh bank#Brac Bank#digital promissory note
Hong Kong has introduced round-the-clock interbank settlement of tokenised bank deposits using tokenised central bank money, removing a significant operating-hours…
#central bank money#corporate treasury#EnsembleTX
Nearly two-thirds of US consumers who expressed a view on responsibility for fraudulent transactions carried out by AI agents said…
#agentic payments#AI agents#artificial intelligence
Binance customers have withdrawn a net US$4.72bn from the cryptocurrency exchange since withdrawals began reopening following a US$6.3bn theft, as…
#Binance#cryptocurrency theft#customer withdrawals
Comarch has received a Partner Faktoringu (Factoring Partner) distinction at the Polish Factors Association's (PZF) 25th-anniversary gala, recognising the technology…
#Comarch#Comarch Factoring#factoring industry
CrediPort, Capital4Trade and WaveBL have demonstrated a digital documentary credit structure that connects a buyer, seller and single financier, potentially…
#Capital4Trade#CrediPort#digital trade
FactorFox Software has introduced a receivables participation platform designed to allow factoring companies to share financing opportunities and access additional…
#capital allocation#credit risk#FactorFox AI
Tech Mahindra has acquired Finastra's cash management software portfolio, transferring ownership of technology used by banks to manage corporate payments,…
#banking software#Finastra#Fusion Cash Management
PrimeRevenue has joined RapidRatings' Financial Health Rating Exchange marketplace, creating a new route for businesses to access receivables and payables…
#Cash flow#credit ratings#FHRx
BRAC Bank has completed the implementation of an integrated trade finance platform combining Finastra's Trade Innovation and Corporate Channels solutions…
#Bangladesh#Brac Bank#Conpend
A power failure affecting Google Cloud's London infrastructure has disrupted banking and payment services across the UK, leaving Revolut customers…
#banking infrastructure#business continuity#cloud outage
Two US banks have completed a loan participation payment in under three minutes using tokenised deposits, demonstrating how bank-issued digital…
#bank liquidity#Custodia#digital settlement