A total of 22 Thai banks and foreign-bank branches have joined hands to build a full network of electronic Letter of Guarantee (e-LG) on blockchain via BCI (Thailand) Co., Ltd.… read more →
The Marco Polo Network and Standard Bank Group announced today that Standard Bank has joined the Marco Polo Network, the largest and fastest growing trade finance network focused on bringing unprecedented efficiencies to trade financing.
ING has successfully executed its first commodity transaction on Komgo, the blockchain-based platform that transmits commodity transactions in a secure environment. The oil trade deal was executed by the Commodity… read more →
The latest EU Exit Business Readiness Bulletin from the Dept for Business, Energy & Industrial Strategy (BEIS) includes details of a number of updates from the Department for International Trade… read more →
Today the completion of the world’s first integrated paperless trade transaction happened – in iron ore – involving Rio Rinto selling bulk iron ore to Cargill, who sourced the cargo… read more →
LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.
Global Credit data has just released a new report – the IFRS 9 Report – which demonstrates that banks’ expected credit loss estimates may vary by at least factor 4. Results from the study suggest that the IFRS 9 framework is yet to stabilise, given a significant degree of variability.
In July the pound continued its march lower as markets prepared for the prospect of a PM who would be more aligned with a no-deal Brexit outcome
IBM has partnered with Chainyard to launch a new blockchain network geared towards improving supplier qualification, validation, onboarding, and information management.
GEORGIA. 2nd, August 2019. TBC Bank Group PLC (“TBC PLC”) announces that its subsidiary, JSC TBC Bank (“TBC Bank”), has signed a Continuing Agreement for Reimbursement of Trade Advances (“CARTA”) with Citibank.
