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Europe

Russian factoring market H1 2014 figures released

Russian factoring turnover in January - June 2014 amounted to 985 billion rubles, which is 18% higher than the same period in 2013. (more…)

#Alfa-Bank#bank

Atradius Collections and HPD Software announce strategic alliance

Atradius Collections and HPD Software have announced a strategic alliance to connect HPD’s Aquarius system and Atradius Collections global IT…

#Atradius#international#International Trade


New industry body for UK financial technology launches

Innovate Finance, designed to promote the UK 'fintech' sector, holds launch event at Canary Wharf (more…)

#financial services#IBM#Mastercard


Recruitment firm secures facility from Close Brothers Invoice Finance

Wales-based recruiter agrees deal to boost expansion plans (more…)

#Boost#capital requirements#funding


AFC welcomes new associate member

Transcapitalbank joins Russian factoring group (more…)

#bank#credit risk#international


Copper specialist extends several big factoring deals

Extension agreed with eight-bank consortium, as well as two additional contracts (more…)

#bank#Commerzbank#Deutsche Bank


A Money & Co. spinner for Nicola Horlick?

Michael Bickers talks to Nicola Horlick about her new alternative finance platform for SMEs (more…)

#bank#FCA#guarantees


Finacity agrees trade receivables funding programmes with Spanish producer...

A total of USD26million will be extended to the company's subsidiaries in Europe (more…)

#funding#receivables#receivables securitisation


Sanctions blamed for fall in international factoring

Factoring association reveals drop in volumes amid growing worries for entire sector (more…)

#banks#international#international factoring


Santander extends funding lines to Basque small business group

Basque SMEs will be able to access factoring and confirming services, along with guarantees for international business (more…)

#confirming#guarantees#international


Malt producer agrees asset-based lending package with RBS and...

Part of the funding will be invested in a waste treatment plant to generate electricity (more…)

#Flexible Funding#Investec#invoice


Coface latest group to publish first half results

Credit insurer reveals figures following last month's stock introduction (more…)

#innovation#insurance#management

IT association signs multi-service agreement with CaixaBank

Agreement to include factoring, confirming, leasing, and e-invoicing to association's members (more…)

#bank#financial services#international

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