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Europe

Trade credit risk on Eastern Europe to increase

Eastern Europe is forecast to grow a steady 3.0% this year, mainly due to robust domestic demand. However, this strong momentum is expected to ease to 2.5% in 2019, as regional GDP growth eases and the export trade stimulus from...

#Atradius#credit risk#payment delays

Invoicing platform to help UK SMEs eliminate late payments

Solna has been launched to help UK-based SMEs eliminate late payments from customers... (more…)

#financial services#invoice#late payment


Banks ‘failing UK small businesses’ 10 years on from...

Funding to small businesses from the banking sector has plummeted in the decade since the financial crisis... (more…)

#bank#Bank of England#capital requirements


UK receivables financier hires new head of sales

Sancus has appointed a head of sales for its working capital... (more…)

#Sancus


Barclays to fund £1bn of invoices via MarketInvoice

A significant proportion of MarketInvoice’s business is likely to be funded by Barclays in the future, rather than by... (more…)

#business finance#smes#WHO


German fintech opens factoring platform to SMEs and freelancers

Factoring is an important financing tool for many companies. The Berlin-based fintech... (more…)

#cash-flow#digital#risk


Impact of new UK laws on assignment of receivables

Matt Davies Director Invoice Finance and Asset Based Lending at UK Finance discusses the new laws on assignment... (more…)

#assignment of receivables


BPCE plans to buy factoring business from Natixis

In order to strengthen its universal banking model, address new customer... (more…)

#financial services#guarantees#international


Brussels mandates EBA to impose sanctions on money laundering

EU plans to give the European Banking Authority (EBA) a powerful new mandate to impose sanctions... (more…)

#anti-money laundering#banks#EBA


German factoring provider launches invoice finance platform

In order to support the SMEs by financing their invoices online ... (more…)

#global factoring#invoice#receivables


1pm half-year results: revenues increase 78% to £30m

1pm group results for the six months to May have shown significant gains across finance... (more…)

#1pm#bank#invoice


Former SWIFT MD joins board of Tradeteq

Trade finance market network Tradeteq has appointed former SWIFT Managing Director... (more…)

#trade finance software

Ultimate Finance boosts senior sales team with IGF staff

Ultimate Finance has appointed three executives to its London and south-east sales... (more…)

#ABN AMRO#bank#Flexible Funding

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