DBS is leveraging new technology to allow it to provide digital trade financing to more than 1,000 suppliers in logistics supply chain ecosystem within 24 hours
In the yawning gap between China’s risk-averse banks and the country’s liquidity-strapped suppliers, supply chain finance solutions are now emerging as one of the real growth sectors in financial services in China
Two influential companies are now working with a US-headquartered fintech company to provide a working capital solution to aid their supplier base, CT has learnt.
In a first for the country's banks, one of China's big-four lenders taps fintech to provide a loan online. The bank says using technology will offer businesses in the agriculture sector easier access to liquidity.
BHP Billiton and Xiangguang Copper have transacted a first of a kind back-to-back electronic letter of credit over Bolero, shaving 20 days off a typical transaction.