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France

AU Group expands in Grand Est with CSE Courtage...

AU Group, a leading brokerage and consultancy specialist in credit and political risk management and working capital financing, has announced the acquisition of CSE Courtage (Conseils Solutions Entreprise Courtage). The transaction, effective 1 October 2024, aligns with AU Group’s growth...

#aquasition#AU Group#factoring

Pennylane and Defacto simplify instant invoice financing for SMEs

French fintech leaders Pennylane and Defacto have strengthened their partnership to offer seamless, instant invoice financing for small and medium-sized…

#Defacto#electronic invoice#factoring


AMF issues €6m fines in securitisation fund fraud

On November 4, the Sanctions Commission of France’s Financial Markets Authority (AMF) issued nearly €6m in fines. These penalties target…

#fraud#receivables securitisation


French factoring registers modest growth in H1 2024 driven...

The French Association of Financial Companies (ASF) has published its latest figures on the factoring market, indicating slight growth for…

#ASF#factoring


France joins ‘’MLETR club’ by adopting ‘Titre Transférable...

The National Assembly has passed a law, which recognises common electronic transferable documents, such as bills of lading in matters…

#digitisation


Factofrance Launches Simplified Financing Solution for SMEs and VSEs

Factofrance, the French factoring company, has announced the launch of an exclusive, streamlined offer tailored for small and very small…

#digital#Factofrance#guarantees


ODDO BHF strengthens its trade finance business with Rudolf...

ODDO BHF announced the hire of Rudolf Putz as Head of Trade Product and Distribution Management. Rudolf Putz joins ODDO…

#Managerial Appointments


Fibus to acquire credit insurance and factoring activities from...

Insurance consulting and brokerage firm, Servir, has entered a commercial partnership with Fibus, a consulting company specialising in brokerage and…

#digital#digital solutions#insurance


Coface: Longer and more frequent payment delays in France

In 2023, 97 per cent of French companies have offered payment terms to their customers, with an average timeframe of…

#economic outlook#insolvencies#payment delays


France’s factoring market growing more slowly in 2023

France’s factoring market grew more slowly in the first half of 2023 than in the first half of 2022. Even…

#international factoring


Quadient and Coface partner to offer advanced risk management...

Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, and Coface, a globally renowned…

#credit risk management#Quadient#risk management


US Corcentric expands its AR management solution to French...

Corcentric, the US-based provider of procurement and finance solutions, has launched its Managed Accounts Receivable (AR) solution in France. The…

#AR#Corcentric

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

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