News

Keeping you updated on the latest developments

Commerzbank applies machine learning to trade finance compliance

Commerzbank is to apply machine learning technology from Amsterdam-based Conpend to automate pre-compliance checks for traditionally paper-based trade finance transactions. Read the full article on the www.finextra.com.

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Commerzbank will Trade-Finance-Prüfungen mit Fintech automatisieren

Read the full article on the www.dertreasurer.de (German language).

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Commerzbank announces plans to automate together with Conpend

Commerzbank announces plans to automate selected compliance relevant pre-checks in trade finance transaction processing by 2020 The Bank has partnered with fintech Conpend to automate selected compliance relevant pre-checks processes for trade finance transactions The solution will reduce transaction processing … Continue Reading

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Dermot Canavan shares ING’s vision in the ongoing digitisation of trade finance

As trade finance evolves, it is important to focus on both short-term incremental improvements to processes and longer-term innovations such as blockchain, says Dermot Canavan, head of Trade Finance Services, Product Management at ING Wholesale Banking. Read the full article … Continue Reading

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Successful speaking event at Sibos 2017

ING presented together with Conpend their Automated Trade Finance Sanction Screening using AI use case at Sibos 2017. The session was very well received and demonstrated Robotic Process Automation for Trade Finance in action. Contact us for further information on … Read More

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Finastra and Conpend partner to bring digitisation to FusionFabric.cloud

In a joint effort to extend the Finastra ecosystem with advanced digitisation capabilities Conpend has integrated Trafinas as an early adopter on the FusionFabric.Cloud. See a live demo at FinastraUniverse on 7 and 8 November 2017 in Dubai.

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ING Group selects Conpend to automate Trade compliance

ING Group, a regional leader in Trade Finance, have selected Conpend to digitise their traditional paper based Trade Finance and automate their compliance and sanction screening processes using Trafinas as part of their Digital Bank and Robotic Process Automation strategies. … Continue Reading

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essDocs and Conpend join forces to deliver CargoDocs ePresentation + AI

essDocs partners with Conpend to deliver CargoDocs ePresentation + AI to their clients using Trafinas as a seamless part of the CargoDocs platform. “CargoDocs ePresentation plus Artificial Intelligence (ePres + AI) enables banks to partially digitize and automate various tasks … Continue Reading

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