Tag: blockchain

Commerzbank crosses new trading frontiers as part of the Marco Polo blockchain project

The multi-bank initiative seeks to apply distributed ledger technology to trade finance. News of Marco Polo’s successful proof of concept was covered in Global Trade Review, Market Business News, Trade & Export Finance, Bobsguide, Banking Technology, Fintech Futures, Finextra, Blockchain News, Coindesk, CoinTelegraph, Toinnov, Enterprise Times, FSTech, Pyments, and Trade Finance Global.

UniCredit’s Thomas Probst explains what blockchain has in store for banks and corporates in ICC Germany Magazine

Blockchain has been heralded by many as the future of the banking industry – generating considerable hype. Yet while there’s no shortage of enthusiasm, clarity on its nature, benefits and future, is harder to come by. Thomas Probst, Head of Trade Products, Germany at UniCredit, explains in ICC Germany Magazine what we know so far. …

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BNY Mellon’s Fred DiCocco explains how bank-led collaboration is driving payments transformation in Global Banking & Finance Review

The rapid growth of fintech influence, increasingly sophisticated technological capabilities, growing client expectations, and new regulatory requirements, are fuelling the need for modernised payment systems. Undoubtedly, the payments space is experiencing a period of rapid evolution, with technology presenting opportunities for the industry to transform how transactions are processed. In a commentary article for Global …

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UniCredit’s Luca Corsini and Jan Kupfer in TMI interview on the drivers behind the transaction banking digital revolution

The transaction banking landscape is undergoing a dramatic transformation. With new technologies such as SWIFT gpi, instant payments, and blockchain bringing a host of improvements and new possibilities, Jan Kupfer and Luca Corsini, Global Co-Heads, Global Transaction Banking at UniCredit, discuss the latest trends, their likely impacts, and how the industry can draw together to maximise the …

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The top trends in finance today: Commerzbank’s Enno-Burghard Weitzel interviewed by The Banker

In a video interview filmed at the recent Sibos conference, The Banker‘s Joy Macknight asked Enno-Burghard Weitzel, head product management trade services at Commerzbank, for his take on the top trends in finance today, including progress on blockchain, the value of the bank payment obligation (BPO) and the rise of sustainable trade.

BNY Mellon’s Margaret Guevara explains how banks are adapting to fintech technology in article for Revista Fortuna

The rapid innovation of financial technology or “fintech” holds enormous potential to reengineer the payments space. And with investment in the sector soaring at an astonishing rate, fintech reach is only expected to grow. For Mexican publication Revista Fortuna, Margaret Guevara, Head of Sales and Relationship Management for Mexico and Central America, BNY Mellon Treasury …

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Linking up to the blockchain: Commerzbank’s Gerhard Schipp looks for banking collaboration in an article for TradeReady

Blockchain is not just for Bitcoin. In article for the TradeReady blog, Gerhard Schipp, Commerzbank’s Head of Product Management Trade & Supply Chain Finance, explains that distributed ledger technology could enhance the efficiency, transparency and security of cross-border trade transactions. He notes that applying blockchain to trade could also allow banks comprehensive, real-time overviews of …

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BNY Mellon’s Dhiru Tanna discusses the huge potential of blockchain in FX-MM

Blockchain, the distributed ledger technology that underpins bitcoin, is leading the financial industry’s technology revolution and has huge transformative potential. In FX-MM, Tanna examines the progress of distributed ledger technology – such as the growing involvement of regulators – and its potential with respect to smart contracts and risk mitigation. Furthermore, the article describes how …

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Commerzbank’s Petra Burckhardt explores blockchain’s value in trade finance in Global Trade magazine

‘Blockchain’ may be the financial services industry’s mantra of choice at the moment, but how can the technology realistically be applied to trade finance? That is the question Petra Burckhardt, Commerzbank’s Global Head, Product Management Trade Services, asks in Global Trade magazine. In her article, ‘Evolution, Not Revolution’, Burckhardt notes that the technology may indeed enhance …

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“Banks spearheading global payments modernisation” writes BNY Mellon’s Chris Mager in Global Banking and Finance Review

Financial technology has become a huge mobiliser of change in the transaction space. A key catalyst for the recent innovation surge has been the rise of fintech providers, whose exceptional digital know-how, affinity with the needs of millennials, and distinct lack of regulatory boundaries, made them well-positioned to create experience-changing concepts. However, writing in Global …

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