With the debt of €5.2m Marco Polo Network Operations declared as insolvent!

Marco Polo Network Operations is the Irish company and appointed administrators as per the declaration of court ruling that declared the company to be insolvent on 22nd Feb 2023. Marco Polo Network proposed to close the strategic deal of $12 million with Bank of America.

Read more: https://www.emeriobanque.com/news/marco-polo-declared-insolvent-52m-debts

#BankofAmerica #MarcoPolo #HSBC #investment #tradeplatform #internationaltradefinance #blockchaintechnology

Vayana TradeXchange Completes Its First Transaction With VoloFin

As per the latest news, Vayana TradeXchange, an International Trade Financing Services (ITFS) platform, providing international trade finance under the supervision of the International Financial Services Centre Authority, GIFT City, declared the completion and payment of its first set of export financing transactions.

Read more: https://www.emeriobanque.com/news/vayana-tradexchange-completes-its-first-transaction-with-volofin

#internationaltradefinance #VayanaTradeXchange #tradefinanceservices

Deutsche Bank Awarded With the Best International Trade Finance Bank in the Asia Pacific

The latest news says Deutsche Bank has received the “Best International Trade Finance Bank in the Asia Pacific '' by the Asian Banker for the fifth year running.

Read more: https://www.emeriobanque.com/news/deutsche-bank-awarded-with-the-best-international-trade-finance-bank

#DeutscheBank #InternationalTradeFinance #supplychainfinance #commoditytradefinance

MonetaGo’s Invoice Fingerprint System To Prevent Trade Finance Deduplication In India

As per the latest news, MonetaGo reported a significant advancement in following through with its commitments of preventing duplicate financing of invoices in India, four years after its commencements.

Read more: https://www.emeriobanque.com/news/monetago-invoice-fingerprint-system-to-prevent-trade-finance-deduplication-in-india

#internationaltradefinance #tradefinanceinstruments #SMEs #MonetaGo #duplicatefinancing

How Can Technology Impact International Trade Finance Companies?

Since the introduction of technology, it has been fluctuating and confusing. Nowadays, technology has fluctuating qualities that tend to affect a business organisation in both good and bad ways. The expectation of technical speed and the easy-to-use facility has been changing our working pattern by raising the technology’s integrity among different industries.

Read more: https://www.emeriobanque.com/blogs/how-can-technology-impact-international-trade-finance-companies

#internationaltradefinance