XRT’s Pilot 5 Server, an internet-based transaction tool, is now available to importers and exporters as well banks. An agreement between XRT and bolero.net allows the use of the bolero.net platform as a trusted third party for documentary credit exchanges using XRT solutions. Following a bolero.net certification phase, XRT solutions will now carry the label ‘Bolero Enabled.’ Created in 1998, under the stewardship of SWIFT and TT Club (Through Transport Club), bolero.net is designed to dematerialise of all international commerce exchanges.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.