Mandates and payments roundup, April 6

RBS upgrades its trade and supply chain finance solution, while Bank of the Lao PDR implements a core banking system from Oracle.

RBS expands trade and supply chain solution

The Royal Bank of Scotland RBS has upgraded its trade and supply chain finance solution MaxTrad. The enhanced version is designed to create a single point for managing and settling trade transactions for buyers and sellers, and through automation allows trading partners to share information faster.

“As a result of challenging economic conditions, global trade activity is coming under greater scrutiny. CFOs are increasingly looking for ways to unlock liquidity in the supply chain,” said Madhav Goparaju, global head of trade and product delivery and sourcing solutions, part of RBS’s global transaction services, in a statement. “Our...

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