MonetaGo has announced it will work with banking technology giant Oracle Financial Services to introduce fraud prevention tools across its trade and supply chain finance offering. MonetaGo’s fraud registry system assesses whether trade documents may have been falsified or tampered with, or whether a company has attempted to obtain finance more than once for a ...| Global Trade Review (GTR)
Financial technology giant FIS says it plans to become a leader in supply chain finance following the acquisition of London-headquartered Demica. New York-listed FIS, which provides banking and payments technology and processes transactions worth trillions of dollars per year, announced the acquisition on February 13. The deal is fully closed with all regulatory approvals granted, ...| Global Trade Review (GTR)
Supply chain finance provider Orbian is set to acquire Payment Institution Roger, a Czech fintech that has financed invoices worth more than €1.6bn since its launch in 2013. Brno-based Roger provides supply chain finance programmes for large buyers and receivables finance for SMEs, offering both a multi-funder peer-to-peer platform and a white-label solution for corporates. ...| Global Trade Review (GTR)
The Baltica 2 wind farm off the Polish coast has secured €1.4bn in commitments from three export credit and development institutions.| Global Trade Review (GTR)
As the world’s largest development finance institution focused on the private sector in lower-income economies, the International Finance Corporation (IFC) is uniquely placed to help commercial banks bring trade finance facilities to some of the world’s most challenging markets. Nathalie Louat has spent nearly two decades at IFC, and today acts as its director of ...| Global Trade Review (GTR)