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iGTB and Bolero partner for trade finance and SCF solutions

Intellect Global Transaction Banking and Bolero International have signed a collaboration agreement to develop new products in trade and supply chain finance for banking clients.

Deutsche Bank’s Hausherr takes over as chair of GSCFF

Christian Hausherr, European Product Head of Supply Chain Finance at Deutsche Bank, has taken over as chair of the Global Supply Chain Finance Forum (GSCFF).

Anglo-Gulf Trade Bank joins Marco Polo network

Anglo-Gulf Trade Bank, which plans to launch in 2019, has become the latest financial institution to join the Marco Polo Network, the network of commercial banks in the trade finance market using the TradeIX platform and R3’s blockchain platform, Corda.

American Express enters SCF market with Early Pay launch

American Express has signaled its intention to take a larger slice of the supply chain finance market with the launch of Early Pay, a supply chain finance and dynamic discounting solution.

Oudart quits ADB for supplier finance role at BNP Paribas

Sabine Oudart, relationship manager for the SCF risk distribution program at the Asian Development Bank in Singapore, has left to join BNP Paribas as director, supply chain finance.

Strong response to Fitch’s ‘loophole’ slur against SCF

Controversy continues to surround the negative comments on supply chain finance issues by Fitch Ratings last month.