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IBM to use blockchain for SCF in India

IBM has announced that it intends to use blockchain technology to revolutionize supply chain finance across India, in cooperation with Mumbai-based conglomerate, The Mahindra Group (more…)

#blockchain#financial services#IBM

Seylan Bank offers factoring services

Seylan Bank has announced that it has added factoring to its portfolio of services (more…)

#bank#smes


HSBC appoints new Regional Head of Global Trade and...

HSBC Commercial Banking, a subsidiary of HSBC Global, has announced a new senior addition to its Asia-Pacific (APAC) team (more…)

#global trade#international#receivables


Chinese finance program to merge internet finance with SCF

Chinese cross-border e-commerce marketplace DHgate.com and Ping An Bank have announced their program “Hui Kuan Bao” which they report as…

#bank#e-commerce#Ping An


Mynd Solutions to launch receivables exchange

Mynd Solutions’s CEO has announced that it will launch an Online National Exchange for Receivables over the next three months…

#bank#receivables#receivables discounting


DS-Concept provides USD3m export factoring facility

DS-Concept, a global commercial finance company specializing in non-recourse factoring, has provided a Taiwan based footwear manufacturer with a USD3m…

#commercial finance#non-recourse factoring#recourse factoring


CreditEase launches new SCF fintech platform

China-based company CreditEase has announced that it has rolled out a new fintech platform, YiQiFin, to provide supply chain financing…

#financial services#small businesses#smes


PAB develops cloud factoring program

FCI has reported that one of its members in China, Ping An Bank (PAB), has developed “Factoring Cloud” which FCI…

#bank#cloud#management


New SCF company set to launch

Wowo Ltd has announced that it plans to form a supply chain finance company, adding it has already recruited a…

#banks#e-commerce#international


Tata Capital with SME finance initiative

Tata Capital, the financial services arm of the Tata Group, has announced that it has signed a Memorandum of Understanding…

#Access to Finance#financial services#smes


Chinese factoring company joins FCI

FCI has announced that China International Factoring Co Ltd (Sinoif) has joined as its newest Associate Member (more…)

#banks#guarantee#international


Invoice finance platform launching

MarketBills, an invoice finance platform, is soon to go public and the company reports that it aims to solve SMEs/MSMEs’…

#invoice#platforms#risk

China to boost factoring industry

The People's Bank of China has announced that it is moving to boost its domestic factoring industry with new policies…

#bank#Bank of China#People's Bank of China

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