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Asia

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 — has signed a memorandum of understanding (MoU) with the Federation of Indian Export Organisations (FIEO) — the apex body...

#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


HSBC Malaysia launches supply chain platform

HSBC Malaysia has launched HSBC supply chain finance (HSCF) platform, an electronic platform that enables customers to upload approved invoices…

#bank#digital#smes


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


Innovation strategies for Singaporean SMEs

Small and medium-sized enterprises (SMEs) in Singapore are competing in an increasingly challenging business... (more…)

#AON#international#management


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


Australian SMEs suffering major losses over late payment

A report released this week has revealed the staggering losses being suffered by Australian SMEs... (more…)

#Atradius#payment terms#smes


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

‘Cash-flow lending can help close credit gap for MSMEs...

While MSME’s have been facing problems of credit availability, the committee pointed that... (more…)

#bank#digital#invoice

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