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
A senior DBS banker says the Singapore bank has embraced a client-focused digital ecosystem approach. Meanwhile, there appears to be trouble in paradise at a blockchain developer.
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.
ExxonMobil with BAML and China CITIC has driven the use of electronic bill of lading (eBL) in Asia with its shipment from Singapore to China via the essDOCS online platform.