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Asia

MonetaGo to develop Trade Finance Registry in Singapore

Financial technology solutions provider MonetaGo has been selected by the Association of Banks in Singapore (ABS) to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud.“The MonetaGo-built TFR...

#AI#bank#data protection

Pakistan to establish Export-Import Bank to promote international trade

The National Assembly on Thursday passed “The Export-Import Bank of Pakistan Bill, 2022” with a majority vote aimed at establishing…

#trade credit insurance


Turkish Nef Solution launches risk management platform for SMEs

Turkish technology company Nef Solution announced they have launched a risk management platform called Fincheckup.ai. According to Nef, the platform…

#AI#management#risk


HSBC-backed start-up Seria to close

HSBC-backed B2B digital platform Serai have announced it would be winding down its operations as the company failed to make…

#B2B platform#digital#global trade


Turkish QNB Finansbank launches digital supplier finance product

QNB Finansbank have launched its supplier financing discounted collection product, which will facilitate the search for the financing of the…

#cash management#invoice#management


KredX expands to into post-shipment export financing

Indian supply chain finance platform KredX on Wednesday announced the expansion of its services into post-shipment export financing with KredX…

#financial services#international#International Trade


India Exim aims to kickstart export factoring by September

Export-Import Bank of India (India Exim) aims to launch export factoring services for micro and small to medium enterprises ...…

#bank#banks#emerging markets


121 Finance onboarded on all three TReDS platforms

India’s first digital NBFC (nonbank financial company), 121 Finance, has been onboarded on ... (more…)

#bank#Invoicemart#platforms


MatchMove acquires Shopmatic in US$200m deal

MatchMove, the global embedded finance firm, has acquired e-commerce specialist Shopmatic in... (more…)

#digital#e-commerce#financial services


‘Turkish factoring sector accounted for 2.9% of local GDP...

Turkey’s economic and social development since 2000 has been impressive, leading to increased employment and incomes and making Turkey an…

#international#invoice#purchase order


Coface publishes China Corporate Payment Survey 2022

Coface’s 2022 China Corporate Payment Survey[1] shows that fewer firms encountered payment delays... (more…)

#cash-flow#insolvencies#Paid


Exim Bank to launch export factoring business in India

To boost India's exports, Exim Bank plans to engage soon in export factoring business, providing SMEs with partial or full…

#Exim Bank

Factoring volume in Taiwan down 10% in 2020

Taiwan’s GDP growth in 2020 outperformed that of other Asian Tigers (i.e. Hong Kong, Singapore and South Korea), helped by…

#bank#exporters#international

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