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Business fraud is globally on the rise. In the UK this has prompted the insurer Allianz Trade to launch a standalone business fraud insurance product. The company says that fraud and cybercrime cost the UK GBP 2.5bn in 2021, with...
#Allianz Trade
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
Research from Bibby Financial Services (BFS) finds that women SME owners are more likely than men to suffer cashflow challenges,…
#business finance#Cash flow
Yesterday, the Electronic Trade Documents Act 2023 received Royal assent... (more…)
#electronic trade documents
Specialist asset-based lender Ultimate Finance provided funding of more ... (more…)
#Josh Levy#working capital
The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) are joining forces with a €175m loan to improve access…
#Bulgarian Development Bank
MODIFI, the global cross-border business payments company, has secured a US $100 million debt facility with HSBC Innovation Banking UK…
#debt facility#digital platform#MODIFI
Since last December a string of suppliers to the fashion industry have been hit by a reduction in credit insurance…
#Allianz#trade credit#trade credit insurance
Bowmark Capital, the mid-market private equity firm, has made a significant investment in Lendscape, a leading technology provider to the…
#Bowmark Capital#commercial finance#factoring technology
NLB Banka Prishtina has become a partner bank of the European Bank for Reconstruction and Development (EBRD) in Kosovo. The…
#SME financing#SME lending
Small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina will have more opportunities to invest in digital transformation with new…
#SME lending
French SME lender Defacto has closed a securitisation fund with Citi and Viola Credit for up to €167 million ($183m).…
#securitisation#SME lending#Viola Credit
Time Finance is announcing today the appointment of Justin Nel as Business Development Manager (BDM) in its Invoice Finance team.Justin…
#Time Finance