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Our journey with Galileo, the biggest leap in trade finance digitisation yet, pt.1

Anchal Tiwari, Head of Products Over the course of the last 20 years, international trade has expanded massively with goods and services traded globally now accounting for over 60% of the global gross domestic product.  Although trade has changed significantly in the last 20 years, processes have largely remained manual, paper-intensive and complex. Digitising trade processes is not a new initiative, but the previous lack of open standards, regulations and heterogeneous systems has resulted […]

26th January 2021 by
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Bolero’s vital role in a ground-breaking international trade transaction using blockchain

Bolero’s electronic Bill of Lading (eBL) platform has been at the centre of an important first in the practical application of blockchain technology to the digitisation of trade finance. For the deal in question, HSBC India and ING Bank Brussels successfully executed a blockchain-enabled Letter of Credit (LC) transaction between the India-based conglomerate Reliance Industries […]

6th November 2020 by
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Bolero sees demand rocket for trade digitisation

New Galileo platform and integrated carrier solution allows banks, corporates and shipping liners to accelerate transactions despite pandemic disruption London, 18th Aug, 2020 –Bolero International, the leading global trade finance digitisation expert with more than two decades of experience, is experiencing substantial growth as banks, corporates and shipping liners grasp the advantages of paperless transactions […]

18th August 2020 by
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Bolero opens up Portugal with first use of its electronic trade digitisation platform by bank and corporate in the country

Leading Portuguese bank, Caixa Geral de Depósitos, and importer Mibepa accelerate major plastics shipment from India using trade digitisation functionality of Bolero’s ePresentation platform to overcome coronavirus-related barriers London, 28th May, 2020 – Caixa Geral de Depósitos (CGD), Portugal’s leading bank, and Mibepa, an expanding Portuguese importer of raw materials for the plastics industry, have […]

28th May 2020 by
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Cargill Australia uses new Bolero Galileo trade finance platform to speed up China canola oil transaction despite coronavirus disruption

Galileo’s advanced functionality enables agricultural exporter to beat Chinese May Day holiday deadline despite coronavirus restrictions London, 21st May, 2020 – Cargill Australia, a major provider of grain, oilseeds and other agricultural commodities, used the advanced functionality and speed of the new Bolero International Galileo trade finance platform to accelerate a canola oil shipment to […]

21st May 2020 by