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Coface names new CEO for Asia-Pacific

Hugh Burke has been named the new CEO of Coface Asia-Pacific, effective from... (more…)

#AON#Executive Committee#trade

Trade finance fintech expands to India

After recent expansion into Mexico in February this year... (more…)

#Harbor


Axis Bank and Asian Development Bank partner to offer...

Axis Bank, one of the largest private banks in India, and the Asian Development Bank... (more…)

#Asian Development Bank#supply chain finance


IFC and PayU invest US$15m in Indian SCF start-up

Vayana Network, a Mumbai-based supply chain finance (SCF) company, has received... (more…)

#supply chain finance#Vayana Network


Clear acquires Indian supply chain finance platform

Xpedize, a supply chain finance provider, has just announced that... (more…)

#Clear#supply chain finance#Xpedize


M1xchange to reach transactions of US$3.9bn and double customer...

Based on the Indian market potential, M1xchange, one of the TReDS online platform for discounting trade receivables, is planning to…

#M1xchange#trade receivables finance


MBSL partners with Affiniti to improve receivable management

Merchant Bank of Sri Lanka & Finance PLC (MBSL) recently signed an agreement with ... (more…)

#receivables management


China to review the commercial acceptance bills

China's central bank and top banking regulatory agency are about to review the 25-year-old regulations related to commercial acceptance bills.…

#bank#banks#Bill


More Indian businesses should generate e-invoice from April 1

Businesses with turnover of over INR 20 crore (US$2.6m) will have to produce electronic invoice for B2B transactions from April…

#e-invoices#electronic invoice#frauds


Indian fintech launches invoice discounting

Clear (formerly known as ClearTax), an Indian fintech company, announced today that it has launched invoice discounting for local MSMEs.…

#banks#GDP#GST


Indian SCF provider signs cooperation agreement with RXIL for...

Artfine, a specialist supply-chain financing firm has partnered with Receivables Exchange of India Ltd. (RXIL) to finance invoice factoring for…

#digital#discounting platform#invoice


Standard Chartered Bank Korea signs sustainable SCF deals

Standard Chartered Bank Korea signed two environmental, social and governance (ESG)-related supply chain financing (SCF) deals of US$100m and US80m with…

#bank#management#receivables

Indian ministry proposes draft policy to improve MSMEs’ access...

Due to the impact of the pandemic, providing liquidity to Indian MSMEs is considered an urgency. In order to improve…

#SMEs finance

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