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Banks in Singapore tie up for digital trade finance registry to mitigate fraud, Companies & Markets

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Banks in Singapore tie up for digital trade finance registry to mitigate fraud, Companies & Markets

Singapore

LED by native lender DBS and Commonplace Chartered, banks in Singapore are making a digital commerce finance registry (TFR), in a bid to mitigate fraud and increase transparency in commodity commerce finance.

This comes as a droop in oil costs earlier this 12 months blindsided the oil…

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