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Surecomp has announced the acquisition of ELCY Ltd, a UK-based digital trade finance solution provider. This strategic move reinforces Surecomp’s commitment to driving digital trade finance transformation through innovation and collaboration. The ELCY multi-bank solution, elcyMBP, will become a module...
#digital trade finance#fintech#surecomp
The Trade Finance Registry (TFR) and SGTraDex today launched their collaboration on the Bill of Lading (BL) Genuineness Check –…
#Association of Banks in Singapore#Bill of Lading#trdae finance
The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end…
#HKMA#supply chain#swift
Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade…
#Assist.AI#Finastra#trade finance
Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment…
#Afreximbank#Kanayo Awani#memorandum of understanding
Indian SCF provider BillMart Fintech Private Limited (BillMart) and financial guarantees firm Eqaro Guarantees (Eqaro) have announced a strategic partnership…
#BillMart#Eqaro#trade finance
40Seas, a platform specialising in trade finance and global accounts receivable management for SMEs, has launched a new strategic partnership…
#40Seas#accounts receivables finance#China Freight
As reported earlier by BCR News, HSBC Innovation Banking, formerly Silicon Valley Bank’s UK arm, placed Stenn Assets UK and…
#HSBC#Silicon Valley Bank#Stenn
IFC and Ethiopia's Awash Bank have partnered to support increased trade in Ethiopia. The partnership will provide local businesses with…
#Aliou Maiga#Awash Bank#Global trade finance programme
IFC and The Hongkong and Shanghai Banking Corporation Limited (HSBC) today announced the signing of a US$1bn risk-sharing facility that…
#HSBC#IFC#trade finance
Synovus has launched its newest initiative, AccelerateTM Trade, a portal for international business clients to manage global trade finance products…
#AccelerateTM Trade#Banking as a Service#Katherine Weislogel
The African Development Bank Group (AfDB) and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed…
#AfDB#TDB#trade finance
At the inaugural Trade Finance Conference of Parties (TF COP), the International Trade and Forfaiting Association (ITFA) introduced the Washington…
#IFC#ITFA#trade finance