BCR Latest News

PBower

FGI T.R.U.S.T.™ expands in the UK and Europe with addition…

 FGI Worldwide LLC has announced the hiring of Paul Bower (pictured) as Director, FGI Technology. Based in London, Mr. Bower will…


supply chain

Supply chain problems in triplicate

In the world of trade finance supply chain problems tend to refer to long payment delays caused by a stream…


Export

Indian Bank launches supply chain financing

A Supply Chain Finance facility has been developed by the state-owned Indian Bank. The programme, which was launched last week…


Germany’s Factors account for almost 10 per cent of GDP

Germany’s growing factoring industry accounted for almost 10 per cent of the country’s GDP in 2022, according to the latest…


Standard Chartered and Worldpay from FIS to advance digital collections

Standard Chartered and the world’s largest merchant acquirer, Worldpay from FIS®, have announced a strategic partnership to expand the market…


BCE Webcasting: John Omoti, Bank of China Limited

“…banks and fintech partnerships are increasing,” John Omoti, Bank of China Ltd., London BranchIn the lead-up to RFIx23 Michael Bickers…


Côte d’Ivoire adopts factoring law

The Economic and Financial Affairs Committee of the Senate of Côte d'Ivoire has adopted a uniform law in the West…


New research: UK SMEs less worried about recession, but lending…

There are signs of confidence returning to the UK’s 5.5m small and medium-sized businesses and the lending market they rely…


Lendscape solidifies position in German factoring market

Lendscape, the world's leading technology provider for all forms of secured business finance, today announced that it has become an…


New Monetago and Lloyd’s List Intelligence collaboration to ensuring ‘bad…

MonetaGo, the world’s leading provider of best-in-class fraud detection and prevention solutions for trade finance, has selected Lloyd’s List Intelligence…


Turkish factoring companies ask for record charges before elections

Some Turkish factoring companies have charged record rates for their facilities before this weekend elections (more…)


Good news or bad news for the European factoring industry?

I receive each Friday a comprehensive set of charts from... (more…)


J.Jill completes refinancing of ABL facility

J.Jill, Inc. (J.Jill) announced that it has successfully completed the refinancing of its asset-based... (more…)


Supply chain technology platform strengthen its managerial team

Leading supply chain technology platform 1TCC™ yesterday announced the appointment of ... (more…)


Indian companies with turnover higher than 5 crore must issue…

Effective 1st of August, 2023 in India, businesses with a turnover of more than INR 5 crore... (more…)


Manx Financial comments on SMEs outlook as BofE raises interest…

Commenting on the outlook for SMEs as the BofE raises interest rates yet again, Douglas Grant... (more…)


Invoice financing platform Capital Match to liquidate

After years of controversy on its operations, Capital Match, a Singapore-based peer-to-peer lending startup is shutting its platform and entering…


Atradius: Economic woes cast shadow over Turkey’s coming election

The upcoming general election in Turkey could prove a turning point for the... (more…)


CIT Commercial Finance announces senior management changes

CIT Commercial Services, a subsidiary of First Citizens Bank, provider of factoring... (more…)


STB Commercial Finance appoints new Regional Sales Director in the…

Secure Trust Bank Commercial Finance (STB Commercial Finance), a leading UK asset-based lending provider, has expanded its nationwide network of…


Indian Profectus Capital gets approval from RBI to provide factoring…

Profectus Capital, a non-banking financial company backed by global private equity firm Actis, has announced the receiving the Certificate of…


Time Finance provides first ABL facility

Time Finance, the alternative finance provider to UK SMEs, has achieved another lending milestone with the... (more…)


Poland’s factors report 8.4 per cent Q1 growth

After a record year in 2022, Poland’s factoring market continues to grow in 2023. In the first three months of…


BCR Webcasting: Markus Wohlgeschaffen, Traxpay

“Electronic Trade Documents Bill is the major breakthrough that we were waiting for,’ Markus Wohlgeschaffen, Managing Director, TraxpayIn preparation for…


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