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Government strengthens Canada’s AML framework

On Friday last week, the Government of Canada announced the upcoming implementation of new regulatory amendments to strengthen Canada’s Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) framework and ensure that it is even more robust and effective in addressing threats...

#AML#anti-money laundering#FINTRAC

Trade finance provider, Artis Finance, enters administration

Artis Finance Limited (Artis Finance) has become the latest non-bank trade finance company to enter administration. Founded in March 2020,…

#administration#Artis Finance#Artis Loanco 1


ITFC and Mutual Trust Bank to boost trade finance...

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank…

#ITFC#Mutual Trust Bank#Nazeem Noordali


Deutsche Bank and K-Sure inks US$20m invoice discounting deal

In a move signifying strong support for Korean companies expanding globally, Deutsche Bank South Korea, in collaboration with The Korea…

#Deutsche Bank#invoice discounting#K-Sure


IFA announces NEXGEN Committee Members

The International Factoring Association (IFA) today announced the appointments of Robert Center, Senior Relationship Manager at Quasar Capital and Wallace…

#IFA#International Factoring Association#NEXGEN


WFY’24: Polish Factors Association achieved 5% factoring growth in...

In 2023, the 24 members of the Polish Factors Association (PFA) achieved a turnover of EUR 103.4bn, which represents a…

#factoring#PFA#Polish Factors Association


Funding Societies and Boss Boleh partner to boost digital...

Funding Societies, a Singapore-based digital finance platform, has partnered with Malaysian online company secretary provider Boss Boleh to offer digital…

#Boss Boleh#digital invoive finance#e-invoicing


How banks can seize larger growth opportunities in receivables...

Banks are on the threshold of yet another transformative era. Kapil Kapoor (pictured), Chief Product and Technology Officer at CredAble…

#CredAble#Kapil Kapoor#receivables finance


J.P. Morgan and Deem Finance sign US$400m asset backed...

Deem Finance LLC (Deem), a specialised finance provider regulated by the UAE Central Bank, has entered into a pioneering asset-backed…

#Ahmed Khizer Khan#Deem Finance#J.P. Morgan


NACFB amends 94% of lender agreements to protect brokers

The National Association of Commercial Finance Brokers (NACFB) has successfully reviewed 131 broker agreement forms from lenders over the past year, addressing…

#brokers#NACFB#National Association of Commercial Finance Brokers


WOCF provides US$90m senior secured revolving ABL facility

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors (White Oak), today announced it has provided a…

#ABL#asset based lending#White Oak


GHIB and BII announce US$50m partnership to boost cross-border...

Ghana International Bank plc (GHIB), a leading UK-based African financial institution, and British International Investment (BII), the UK’s development finance…

#British International Investment#Dean Adansi#Ghana International Bank

eCapital names Dan Ambrico as President of Commercial Finance...

eCapital Corp. (eCapital), a leading provider of financing for small and medium-sized businesses (SMBs) across North America and the UK,…

#ABL#commercial finance#Dan Ambrico

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