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Ant Group launches cross-border trade platform

China-based Ant Group is launching a global blockchain platform for cross-border trade... (more…)

#Alibaba#banks#blockchain

Indian Factoring Regulation Act amended to facilitate MSMEs finance

Lok Sabha on Sunday passed a bill to amend the Factoring Regulation Act that seeks to help micro, small and…

#Factoring Regulation Act


Why e-invoicing is a win-win for both government and industry

From October 1 on businesses with a turnover above INR 500 crore (US$68m) will start ‘e-invoicing’... (more…)

#digital#exports#frauds


Banks in Bangladesh join PrimaDollar platform

Over the last few weeks, PrimaDollar has signed up 8 of the major banking groups in Bangladesh who... (more…)

#PrimaDollar


Deutsche Bank (China) provides US$43m structured trade finance facility

Deutsche Bank (China) Co., Ltd announced that it has provided... (more…)

#Deutsche Bank


Bill to strengthen regulatory framework of cooperative banks in...

Finance Minister Nirmala Sitharaman introduced in the Lok Sabha a new Bill... (more…)

#banks#Bill#factoring regulation


Pakistan wants mega bite of digital future

Pakistan is a promising market for start-ups because of its young ecosystem, a rapidly-growing digital economy and local technology clusters…

#bank#financial services#international


Challenges of using factoring mechanism in Bangladesh

Experts on Monday pinpointed challenges like lower capacity of bankers and people concerned in... (more…)

#bank#international#International Trade


Dignari Capital provides US$50m to Sheng Ye Capital for...

Dignari Capital has agreed to provide US$50m to Sheng Ye (SY) Capital in... (more…)

#financial services#management#risk management


Indian government has come to the rescue of MSME...

The Narendra Modi government has decided to allow all non-banking financial companies to... (more…)

#bank#invoice#platforms


E-invoices mandatory in India from 1 October 2020

E-invoicing will become mandatory starting... (more…)

#e-invoices


Invoice trading platform Incomlend raises US$20m

Incomlend, a global online invoice trading platform that aims to democratize access to... (more…)

#Incomlend

Comments on factoring rule in Bangladesh

Bangladesh Bank (BB) issued a circular on June 25, 2020 allowing factoring in Bangladesh... (more…)

#bank#International Trade#invoice

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