Tag: trade finance
Blockchain technology can be a viable tool when put in the right hands. HSBC is one of the many banks exploring the boundaries of this innovative technology. The company …
Batavia, a blockchain trade finance platform, has successfully completed its first live corporate cross-border transaction. The platform is a joint venture between tech giant IBM and leading banks including …
Fraud and errors present in the funding of international trade can be disastrous given the trillions of dollars in play. Consequently, the Singapore and Hong Kong central banks recently unveiled plans to …
Concerns over the value of the RMB are more than justified, as the national currency continues to slip down a very steep slope. But there is even more reason …
Bank of America has been working on a prototype distributed ledger system to modernize trade finance. This project is another example of the bank’s effort to gain a foothold …