Tag: blockchain

thyssenkrupp trades an FX forward over blockchain with Commerzbank

The first such transaction involving a large German company, Commerzbank’s €500,000 deal was covered by Reuters, Banking Technology, The Trade, IBS Intelligence, coindesk, 4-traders, Blockchain News, The Blockchain, CoinShot, Blockshapers, The Paypers, Cypto Currency News, RTT News, coinzdaily, Econotimes Blockchain Revolution, Cryptocy News, Bitnews Today, Coin Telegraph, cryptovest, Finextra and Profit & Loss.

Blockchain-based trade shifts up a gear: Commerzbank and Audi drive progress with the Batavia platform

Commerzbank has successfully executed its first pilot transactions for corporate clients, including Audi, with Batavia – the blockchain-based trade finance platform supported by IBM and other major banks. The transactions facilitated the export to Spain of cars from Germany and textiles from Austria. The news was covered in Global Trade Review, The Blockchain, Global Banking …

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BNY Mellon examines the rise of real-time payments in The Paypers

Writing for The Paypers’ 2018 edition of its “B2B Fintech: Payments, Supply Chain Finance and E-Invoicing Market Guide”, BNY Mellon’s Karen Braithwaite, Head of Global Product Management, Treasury Services and Carl Slabicki, Director, Immediate Payments, Treasury Services, discuss the momentum behind the adoption of real-time payments (RTP) across the world. Sparked by client demand for …

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UniCredit’s Thomas Dusch considers how blockchain will impact German corporates in Corporate Finance magazine

Amid the hype surrounding blockchain technology, discussions of how it can bring value to corporates have often been vague and speculative. Yet as the technology matures and use cases become more concrete, a clearer picture is emerging of how it could shape the everyday work of corporate treasuries. Writing in Corporate Finance, UniCredit’s Deputy Global Head …

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Commerzbank’s Angela Koll guides Treasury Today through the Marco Polo blockchain project

In an exclusive interview, Koll explains how the initiative stands to revolutionise commerce and offers an update on its progress.

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.