trade financing

Banking & finance

ABS launches central registry for banks' trade financing deals to avoid duplicates

The industry initiative aims to mitigate the risk of duplicate financing for the same underlying trade.
Trade financing explained - THE EDGE SINGAPORE

Digital Economy

Trade financing explained

Trade finance is an instrumental mechanism of global trade.


Blockchain drags trade financing into the 21st century

Blockchain could shake up a slow and archaic trade financing system at lower prices.


Forgers are forcing a US$9 tril business into the digital age

(May 6): The US$9 trillion ($12.3 trillion) business of financing global trade needs to go digital, according to southeast Asia’s second-biggest lender.


IBM and Bank of Tokyo-Mitsubishi UFJ launch blockchain partnership

SINGAPORE (Sept 16): IBM is working with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to explore the use of blockchain technology in creating and managing business contracts and transactions.