The transactions involved a sugar shipment from the Americas to the UK, utilising a digital bill of exchange (dBE) created on Enigio’s trace:original platform. Mercore initiated the process by creating… read more →
The end-to-end process of international trade—from issuing documents to shipping goods and completing payments—has been labyrinthine, often mired in paperwork and delays.
The Bank for International Settlement (BIS) announced on Tuesday, September 17, that 41 major private sector financial firms would join Project Agorá, the Basel-based bank’s pioneering wholesale cross-border payments tokenisation project.
Lloyds Bank has introduced a new digital solution to simplify the application process for guarantees and standby letters of credit (SBLCs). While available for all Corporate clients, the solution is… read more →
Cleareye.ai’s ClearTrade technology will be implemented starting this month. The AI system aims to automate and streamline processing and compliance reviews of trade documents for Lloyds Bank’s clients. The technology… read more →
Corporate banking is undergoing a transformative shift, with artificial intelligence (AI) and the array of next-generation technologies linked to it playing a pivotal role. However, the industry is still exploring ways to fully harness the technology’s potential; to evolve quickly with change while managing associated risks.
Finastra, a global provider of financial software applications and marketplaces, today announced its partnership with CredAble
Traditional compliance methods—often manual and time-consuming—are no longer sufficient given the volume and complexity of modern-day transactions.
Cleareye.ai, a leading provider of AI-powered document processing solutions for Trade Finance today announced a collaboration with Microsoft.
