Priya PatelFinastra has partnered with consultancy Tesselate to simplify the process of digitalisation in trade finance. The collaboration will enable banks in the US to automate manual processes using Finastra’s Trade Innovation and Corporate Channels platform. The partnership follows Finastra’s alignment with Microsoft in trade finance, and comes as the trade finance sector is experiencing a foundational shift towards ecosystem-based offerings that include trade loans, discounting loans and supply chain finance, as well as additional services.
Finastra partners Tesselate for digitizing trade finance.
Latest from News
Nu Holdings thrives with growth while mitigating risks in fintech.
TLDR: Key Points: Fintech sector experiencing growth and risks Nu Holdings stands out with aggressive growth strategy In the fintech sector, where significant fluctuations
Swiss FinTech nSave raises $4m to boost financial inclusivity.
TLDR: Swiss FinTech nSave has secured $4m in seed funding to support financial inclusivity. The funding round was co-led by Sequoia Capital and TQ
F|T: WondrerFi goes global with Australian crypto license
Article Summary TLDR: Key Points: Canadian startup WonderFi acquires Australian crypto trading license for international expansion. Rails raises $6.2M for decentralized FTX alternative. In
Black Banx revolutionizes digital banking with Fintech-Techfin fusion and inclusivity.
Article Summary TLDR Key Points: Fintech and Techfin bring innovation to the financial services industry Black Banx is a notable player in the digital
Paytm denies layoffs despite SVP resignation at fintech company.
TLDR: Praveen Sharma, SVP of business at Paytm, has resigned to pursue other opportunities. Paytm denies reports of significant workforce reduction and is focused