The project was conducted with participating banks including Lloyds, Emirates NBD Bank, and Federal Bank Limited. It tested the transmission of electronic trade documents between Swift member banks and WaveBL’s… read more →
The collaboration leverages HSBC’s banking network and solutions while integrating Dowsure’s data-oriented solutions for e-commerce. In addition to the collaboration, HSBC Ventures has made a strategic investment in Dowsure. The… read more →
The collaboration, underpinned by BNY’s Trade Network Access Service, enables mutual access to each institution’s Relationship Management Applications (RMAs), significantly streamlining international trade processes. Jennifer Barker, Global Head of Treasury… read more →
After G20 leaders endorsed the Roadmap for Enhancing Cross-border Payments in 2020, the international forum has mandated significant improvements in cross-border payment processing by 2027. Improving the speed, transparency, and… read more →
The service enables Chinese businesses to receive payments through local clearing systems– a cheaper option than setting up foreign accounts. The HSBC virtual account solution also enables Chinese businesses trading… read more →
In fragmented markets, there is often a lack of real-time standardised data. In response, a group of eight leading financial institutions united on Chainlink’s platform, has launched an ambitious initiative to revolutionise corporate actions processing using artificial intelligence and blockchain technology.
The Vienna-based financial service provider will implement Traydstream’s platform to process export letters of credit, amendments, and document scrutiny: areas which have traditionally required manual processing. The partnership, announced on… read more →
Mastercard has launched an ambitious new service to speed up commercial cross-border payments in light of surging international trade flows.
Hong Kong’s role as a conduit for international investment into mainland China has reached new heights, with cross-border trading volumes hitting record levels in 2024. “Hong Kong is that rare… read more →
Speaking at the inaugural Global Logistics Forum in Riyadh, Transport Minister Saleh bin Nasser Al-Jasser revealed that £160 billion has already been deployed, yielding significant improvements in the country’s logistics… read more →
