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China's central bank and top banking regulatory agency are about to review the 25-year-old regulations related to commercial acceptance bills. The comments on the revised measures, intially issued in 1997, covering commercial acceptance bills have been sent by 14th Feb,...
#bank#banks#Bill
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
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 has announced that Gulumser OZGUN HENDEN is named General Manager effective from beginning of January, replacing Cagatay BAYDAR who is…
#bank#Cagatay Baydar#innovation
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 signed two environmental, social and governance (ESG)-related supply chain financing (SCF) deals of US$100m and US80m with…
#bank#management#receivables
Due to the impact of the pandemic, providing liquidity to Indian MSMEs is considered an urgency. In order to improve…
#SMEs finance
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 announced a partnership to offer digital lending for SME of readymade garment (RMG) factories.The partnership…
#digital invoice finance
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 Reevoy has raised US$4m in seed round led by 9Unicorns and VCAT. According to the company,…
#Reevoy#working capital
The Bangladesh Bank, (Central Bank of Bangladesh), has issued a guideline to allow an... (more…)
#Bangladesh bank
The Reserve Bank of India (RBI) has just announced the amendment of the Factoring Regulation Act... (more…)
#factoring act#Factoring Regulation Act