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Reserve Bank of India grants NBFC licence for CredAble

A staggering number of financial technology (fintech) companies have cropped up in India over the past few years, disrupting classic business and payment models. In this emerging fintech sector, some of the most prominent buzzwords are Blockchain, Big Data, IoT...

#CredAble

Chinese banking and insurance regulator issues guidelines for SCF...

China's banking and insurance regulator recently issued guidelines that require banking and insurance institutions to... (more…)

#bank#blockchain#management


More financial institutions exposed to Camsing SCF fraud

Shockwaves caused by the detention of Camsing Global founder Lo Ching continued spreading through China’s finance sector ... (more…)

#e-commerce#international#invoice


German-based trade financer targets US$1bn for SMEs in India

...a digital lending platform offering finance to exporters in the small and medium enterprises (SMEs) segment, plans... (more…)

#Maersk#MODIFI


FIEO, Drip Capital to power Indian small business exports

In a bid to provide exporters with training in technology and invoice factoring, Drip Capital — a US-based fintech company…

#Drip Capital#small business


Tencent launches first official supply chain finance programme

As technology heralds the future of supply chain finance, a number of Chinese technology companies have been launching... (more…)

#supply chain finance#Tencent


Chinese asset manager fills lawsuit against Camsing’s fraud

Noah Holdings Ltd., one of China’s largest wealth managers, levied accusations of fraud against... (more…)

#accounts payable#bank#frauds


Chinese bank’s blockchain trade platform processed US$4.36bn

The blockchain trade finance solution of the People’s Bank of China (PBoC)... (more…)

#blockchain


Indian Finance Minister proposes measures to support NBFCs 

The Centre has “comprehensively” dealt with the NBFC crisis... (more…)

#NBFC


Chinese firm to build supply chain finance ecosystem

...has developed supply chain finance services targeting ten industries, with a... (more…)

#OneConnect#supply chain finance


Indian government issues warning against fake GST invoices

The government warned businesses against generating fake invoices to evade GST... (more…)

#compliance#fake invoices#GST


Indian MSMEs face US$240bn credit gap

Estimation of debt requirement for India's MSME sector point to colossal credit gaps with total demand far outstripping the available…

#credit gap

Japanese firm launches early funding service for trade receivables...

...which provides cloud factoring, has entered into a business alliance with... (more…)

#OLTA

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