Tagged: sriram muthukrishnan

October 7, 2020 @ 7:01 am By Omar Faridi  |  

Singapore based DBS Bank Ltd, (SGX: D05), a multinational banking and financial services corporation with over $330 billion in assets, and Standard Chartered, a major British financial services provider, are reportedly leading a workgroup of 12 other banks that are helping to develop a proof-of-concept… Read More

March 14, 2020 @ 7:09 pm By Omar Faridi  |  

Singapore-headquartered DBS Bank, a multinational banking and financial services corporation with over $330 billion in total assets, has reportedly facilitated a trade financing settlement through vCargo Cloud’s CamelONE trade finance portal (TFP). The SGD 4.8 million (appr. $3.4 million) letter of credit transaction was carried… Read More

February 8, 2020 @ 8:50 am By Omar Faridi  |  

Singapore banking group DBS has reportedly completed the first all-digital trade financing settlement, which was conducted on the country’s newly developed Network Trade Platform (NTP). The platform is blockchain-based but NTP appears to go out of its way not to focus on the technology and… Read More