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Russian financial institution FI Alfa-Bank has become a part of the Contour global network of trade finance. Contour lets bank clients follow the handling and revisioning of a trade finance transaction live with the help of blockchain, according to a Tuesday Nov. 3 announcement.The issuance of a letter of credit LC involves signifi
stanley polska cant amounts of documentation and takes as long as a week. Contours network, however, cuts the processing time of LC issuance by as much as 90 percent 鈥?to one full day from 10 days, according to the announcement. Alfa Bank marks yet another step forward for Contour, being the first Russia-based bank on our network. Their involvement will continue to build an inclusive network that will improve trade across the globe, Contour CEO Carl Wegner said in the announcement.The Contour network is a digital collection
kubki stanley of entities such as issuing banks, applicants, beneficiaries, nominated/confirming/advising banks and other parties involved in the LC process.Major banks like HSBC, BNP Paribas, Standard Chartered and ING were the founders of Contour, which seeks to optimize the LC workflow, speed up settlements and reduce operating costs. Contour is based on the R3 Consortiums Corda blockchain infrastructure. The accession to the Contour platform and launc
stanley canada h of the pilot projects on the Russian market will fine-tune the strategy of development of products for transborder transactions, Evgenia Fomina, head of the Alfa-Bank Lending Directorate. 8 Dklq 31% of Finance Pros Say Employees Are Submitting More Expenses Now Than Before the Pandemic
As eBays projected sales for 2016 go down, the marketplace giant announced yesterday June 9 the launch of its new app for the Apple Watch. The eBay app is intended to help buyers stay on top of all the auctions they are interested in and sellers to continue to stay responsive to their customers and stay informed of all their selling activity. In these not-so-happy times, eBay is sure to benefit from shining star Apple, which announced its Apple Watch enhancement at WWDC yesterday June 9 .From the pictures, the app looks fairly simple. It has four main functions on its screen: Activity, Watching, Buying and Selling. TechCrunch, which tested out the app, reports that each section
stanley mug provides key details you would need to know at a glance, like the time left on an auction, the current price, the number of bids, item photos, etc. eBays new app builds on similar apps developed for competing smartwatch Samsung Gear and Pebble smartwatches, according to TechCrunch.Developing for this size screen, eBay says
stanley becher it built an intuitive and personal app which provides eBay
stanley mugs s buyers and sellers with timely, relevant and personal updates. Among its slick features, users will be able to quickly bid directly from their watch by either clicking or using their own voices. eBay continues to evolve its product offerings by creating engaging, curated and simplified shopping experiences for customers across all devices, said David Cheng, director of mobile product at eBay. With the new realm of glanc
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