HSBC
Next Generation Trade Finance
This reports covers some of HSBC’s outstanding digital innovation including we.trade, a blockchain-based platform developed together with IBM and a consortium of leading banks, and the bank’s work with Meliá Hotels to devise a pan-European bulk discounting programme tailored to the Spanish hotel group’s large and diverse receivables platform.
Next Generation Trade Finance - Putting Innovation into Action
There's never been a more exciting time to be in global trade. While the headlines continue to be dominated by geopolitical challenges, positive forces are setting the scene for a promising 2019 and beyond.
Room for Manoeuvre - Optimising Working Capital with Receivables Finance
Meliá Hotels' treasury team was looking to access faster and more flexible liquidity as means of speeding up the cash conversion cycle. They decided to implement a receivables finance programme with HSBC that would respond to the company's current and future needs.
Beefing Up Open Account Trade with Blockchain Technology
GPS Food Group recently participated in a successful pilot of the we.trade blockchain platform, a collaboration between HSBC and eight consortium banks.