The f-word: time it was spoken aloud

This year saw the first annual figures published by the UK s National Fraud Authority. They made for worrying reading, with fraud costing the UK economy 600 per person every year - a figure double what had been previously thought. Much of the figure is accounted for by tax evasion and crimes unrelated to the factoring industry, but the financial services industry found itself at the centre of the storm as the biggest private sector sufferer, hit by 3.8 billion in annual losses.

Raiffeisen considering strategic merger

The managing boards of Raiffeisen Zentralbank sterreich AG (RZB) and Raiffeisen International Bank-Holding AG are currently considering a merger of the two companies as a

ONDD announces changes to political risk ratings

Within the framework of the Organisation for Economic Co-operation and Development (OECD) arrangement, Belgian export credit insurer ONDD has increased its insurance premiums for political risk associated with...

A rising voice in Europe

Magdalena Wessel, Chairwoman of the of the EU Federation Legal Committee and member of the Legal Department of the German Factoring Association, talks to Factorscan about the benefits of membership of the EU Federation, its role in promoting the industry to EU policy holders and the Federation's plans for the coming years.