image credit: Pexels

DZ Bank partners Surecomp for collaborative trade finance platform

June 19, 2024

The Frankfurt-headquartered commercial bank is leveraging the vendor’s RIVO solution for “real-time corporate communication, transaction status transparency and accelerated trade finance issuance”, according to a statement.

Integrated with Surecomp’s DOKA-NG solution for back-office trade finance processing, the platform is expected to enable “faster funding transactions” for buyers and suppliers served by DZ Bank.

This includes measures to enhance liquidity, strengthen supply chain resilience, and support connectivity with the vendor’s trade tech partner applications for secure digital guarantee exchange and document validity verification.

Read More on FinTech Futures