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Commerzbank is the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex Exim LLP, a Singapore-based textile trader, on Contour, a digital trade finance platform. The LC was issued for a shipment...
#Bank of China#Commerzbank#Contour
The introduction of e-invoicing for the B2B is planned to start in Germany in January 2025. However, it is not…
#electronic documents#invoice#platforms
Germany’s growing factoring industry accounted for almost 10 per cent of the country’s GDP in 2022, according to the latest…
#German Factoring Association#Michael Menke
Lendscape, the world's leading technology provider for all forms of secured business finance, today announced that it has become an…
#Lendscape
Aurubis, a global supplier of non-ferrous metals and one of the world’s largest copper recyclers, has announced that it is…
#EcoVadis#ESG#sustainability
Finacity Corporation, a White Oak Global Advisors Company, (“Finacity”) announced that it has successfully facilitated a €75m receivables securitisation programme…
#receivables securitisation
Unifiedpost Group (Unifiedpost) announces a strategic partnership with Munich Re... (more…)
#Munich Re
Frankfurt, Commerzbank has selected Brigitte Réthier (pictured) to lead its Institutional Clients and Transaction Banking Sales division. This will also…
#Commerzbank
In 2022, CRX Markets, Europe's leading marketplace for working capital finance... (more…)
#CRX Markets#supply chain finance#working capital
Finacity Corporation (Finacity) announces that they have successfully renewed and extended an existing ... (more…)
Knorr-Bremse AG, the global market leader for braking systems, is linking its existing Supply Chain Finance programme (SCF) to ESG…
#Deutsche Bank#ESG#supply chain finance
FinCompare, one of the leading platforms for corporate financing in Germany... (more…)
#FinCompare
NORD/LB, one of Germany’s largest commercial banks, is accelerating access to finance for its large corporate customers, in a partnership…
#lending platform#Martin McCann#Nord/LB