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Asia

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


TEB Factoring announces changes in top management

TEB Factoring has announced that Gulumser OZGUN HENDEN is named General Manager effective from beginning of January, replacing Cagatay BAYDAR who is…

#bank#Cagatay Baydar#innovation


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


RBI rises NACH mandate limit to Rs 3 crore for...

The Reserve Bank of India (RBI) announced on Thursday that they have proposed to enhance the National Automated Clearing House (NACH)…

#bank#invoice#platforms


Dana Fintech and Merchant Bay team up to offer...

Dana Fintech and Merchant Bay announced a partnership to offer digital lending for SME of readymade garment (RMG) factories.The partnership…

#digital invoice finance


Think Big Solutions to launch TREDXonline, a digital factoring...

Think Big Solutions Limited, a new fintect, will launch in Bangladesh the first integrated digital invoice market platform, called TREDXonline.…

#factoring platform#TREDX


Indian working capital start-up raises US$4m in seed round

Indian working capital start-up Reevoy has raised US$4m in seed round led by 9Unicorns and VCAT. According to the company,…

#Reevoy#working capital

Bangladesh Bank supports digital factoring

The Bangladesh Bank, (Central Bank of Bangladesh), has issued a guideline to allow an... (more…)

#Bangladesh bank

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