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