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 ReutersBanking 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.

It’s here: Commerzbank’s latest issue of FI.News

The spring issue of Commerzbank’s interactive financial institutions newsletter is out now. It brings together all the major cash and trade finance updates in a range of exclusive articles and interviews.

See how evolving technology can further transform the trade finance industry, prepare for important updates at SWIFT, get ready for the impact of new developments in the payments sector, and learn why Commerzbank is convinced of the need to invest in the future.

In the magazine’s spotlight features on emerging markets, learn from Commerzbank’s regional experts about Pakistan’s increasing integration into the global economy, and the challenges facing the nations of Southern Africa. Explore the reasons behind newfound optimism in Uzbekistan – and discover how Commerzbank’s close partnership with a local bank eases the flow of trade in the country.

Moorgate has produced FI.News since 2013.

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 ReviewMarket Business NewsTrade & Export FinanceBobsguideBanking TechnologyFintech FuturesFinextraBlockchain NewsCoindeskCoinTelegraphToinnovEnterprise TimesFSTechPymentsand Trade Finance Global.

Trade makes the world go round – find out how Commerzbank helps in its new video

Commerzbank’s new video explains the significance of world trade and the important role the bank plays. Frank-Oliver Wolf, Head of CTS Sales Germany, outlines the bank’s global presence, and Enno-Burghard Weitzel, Head of CTS & FI Product Management Trade Services, shows how it is ushering in the new technologies that are revolutionising trade finance.

Watch the video in English or German.

The video was produced and edited by Chuffed Productions.