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Banco Santander S A : Santander CIB partners with Komgo through an equity investment to digitalize trade finance

Santander CIB invests in leading trade finance fintech Komgo to help large multinationals boost digitalization.


The global partnership will accelerate the digital. | June 21, 2023 ....

United States , City Of , United Kingdom , France General , Banco Santander , Komgo Network , North America , South America , Investment Banking , Trade Finance , A Stock Exchange , Press Release , He San Es0113900j37 ,

GlobalTrade Corporation: Komgo Acquires GTC to Create the World's Largest Platform for Digitalisation of Trade Finance

GlobalTrade Corporation (GTC) has announced today that it has been acquired by Swiss headquartered Komgo. Jointly Komgo and GTC provide trade finance digitalisation solutions to over 120 multinational ....

New York , United States , Soult Ukpyolsi , South Korea , City Of , United Kingdom , Kostenloser Wertpapierhandel , Jacob Katsman , Brand Communications , Globaltrade Corporation , Doug Court , Jointly Komgo , Trade Corporation ,

Commodity blockchain platforms: booming business? | Global Trade Review (GTR)


While commodity finance players have been rocked by the effects of Covid-19, the oil price crash and fraud cases in Singapore, business is reportedly booming for blockchain platforms that target the sector. But to what extent can these technology solutions combat fraud, and will the decision by key banks to limit their exposure, or even exit commodity finance altogether, limit their potential to reform the industry?
Felix Thompson reports.
 
From the large banks left exposed to fraud in Singapore to the smaller traders left struggling to access financing, various players felt the pinch in the commodity finance sector last year. ....

Saudi Arabia , Noord Holland , Felix Thompson , Stephanie Trabia , Vakt Trabia , Norton Rose Fulbright , Farooq Siddiqi , Sriram Muthukrishnan , Digital Standards Initiative , Digital Container Shipping Association , Association Of Banks , Sugih Energy , Asian Development Bank , Saudi Aramco , United Nations Commission On International Trade Law , Reliance Industries , Hin Leong , Norton Rose , Standards Initiative , United Nations Commission , International Trade Law , Standard Chartered , Koch Supply , Middle East , Asia Pacific , Hyperledger Fabric ,