This article features two hot Know Your Customer (KYC) projects which are currently being deployed to fight fraud, counter-terrorist financing and anti-money laundering, following the release of TFG and WTO’s recent publication on DLT in Trade.
Commerzbank continues to strive to adapt to technological innovations of our new ‘digital era’ – as well as ensuring it is up-to-date with all market movements.
New York – 19 September, 2019 – Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.
September 11, 2019 (Dubai / London) – National Bank of Fujairah PJSC (NBF), one of the
leading bank in the Middle East announced today that it has become a member of the Marco
Polo Network, the largest and fastest growing trade finance network.
The Marco Polo Network and Standard Bank Group announced today that Standard Bank has joined the Marco Polo Network, the largest and fastest growing trade finance network focused on bringing unprecedented efficiencies to trade financing.
LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.
Bank Payment Obligation can act as a gateway for further trade finance technologies, says new Commerzbank whitepaper The whitepaper, “Leading the path of digital evolution” explains how increased market adoption… read more →
Some of the world’s leading banks have partnered with TradeIX and R3 to facilitate post-shipment finance powered by blockchain technology. Leading global banks together with TradeIX and R3 pilot blockchain… read more →