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Europe

German factoring grow despite falling international business

Contrary to general economic developments, the members of the German Factoring Association (DFV) were able to achieve solid sales growth in the first half of the year. Overall, the factoring sales of the members of the DFV increased by 5.7...

#German Factoring Association#import factoring

BBVA improves conditions of sustainable confirming

BBVA has decided to improve the conditions of its sustainable 'confirming' for companies that are suppliers to its clients in…

#BBVA#confirming#ESG


Polish factor reaps benefits of exceptional market growth

Nearly PLN 6.3m (€1.419m) in six months of 2023 - this is the total value of receivables purchased by AFORTI…

#PZF


Comments from the industry specialists on BoE increase of...

ollowing the Bank of England’s decision today to raise interest rates... (more…)

#Bank of England#interest rate


Basware to support French businesses to roll-out electronic invoicing

Basware, the leader in making accounts payable (AP) automation and invoice processing happen, announces its Partner Dematerialisation Platform (PDP) application…

#invoice#management#platforms


Insolvencies are down, but Time Finance urges businesses to...

Recent figures from the ONS have revealed a 15 per cent drop in insolvencies in the last 12 months, with reports falling…

#insolvencies#Time Finance


EBRD and KredoBank broaden cooperation in Ukraine

The European Bank for Reconstruction and Development (EBRD) is supporting food security and other critical industries in wartime Ukraine with…

#credit risk#Francis Malige#KredoBank


Digital bank maib launches online domestic factoring in Moldova

In order to support business development in the Republic of Moldova, maib ... (more…)

#digital factoring


Leumi ABL provides JLM Global Foods UK new financial...

JLM Global Foods, a Darlington-based food company, has ensured a financial package of... (more…)

#Leumi ABL


Commerzbank – first German bank to carry out live...

Commerzbank is the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex…

#Bank of China#Commerzbank#Contour


Industry comments on momentous ETDA accession

At the end of last week, the UK approved the Electronic Trade Documents Act... (more…)

#electronic trade documents#Electronic Trade Documents Act#ETDA


UK Business Fraud Insurance gets a boost

Business fraud is globally on the rise. In the UK this has prompted the insurer Allianz Trade to launch a…

#Allianz Trade

Chaser employs machine learning to predict late payments

Chaser, a leading provider of intelligent accounts receivables software, has launched a late payment predictor. By leveraging machine learning, the…

#AI#credit risk management#invoice management

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