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Electronic Trade Documents Bill enters British parliament

The Bill will make digital documentation legally recognised, reduce admin costs and make it easier for British firms to buy and sell internationally. Processing times for electronic documents cut to 20 seconds and carbon emissions reduced by at least ten...

#bill of exchange#Chris Southworth#digitalisation

AfDB agrees $75m risk participation agreement facility for FRB...

The Board of Directors of the African Development Bank Group (AfDB) on... (more…)

#African Development Bank#FirstRand Bank


Karim Habib joins Accord Financial as Managing Director, Business...

Accord Financial has expanded their Canadian Asset Based Finance/Factoring senior management team to include... (more…)

#Accord Financial#asset based finance


HSBC cut approval times from months to days with...

HSBC has cut the approval process for new Receivables Finance (RF) customers from one to two months to... (more…)

#Trade Ledger


Business adoption of emerging electronic payment tools is on...

BNY Mellon, in collaboration with Aite-Novarica Group, today released a study examining commercial payment ... (more…)

#BNY Mellon#digital payments


Coface releases Q3 2022 Barometer

Beyond the repercussions of the war in Ukraine, the global monetary tightening and the multiple constraints on Chinese growth paint…

#economy


Main challenges and opportunities of factoring in Peru

Roberto Gutiérrez, TRF News Editorial Member and CEO of Alvantia describes the factoring market in... (more…)

#Alvantia#Roberto Gutiérrez


Time Finance launches new ABL product

Time Finance announces the launch of its new asset based lending (ABL) solution, designed to help UK businesses unlock working capital…

#Time Finance


CIT Commercial Services agrees on $50m factoring facility with...

CIT Commercial Services, a subsidiary of First Citizens Bank, has finalized a ... (more…)

#CIT#CIT Commercial Services


AI enabling banks to shift the heightened sanction checking...

AI-based automation can relieve banks of the heavy compliance burden, according to a... (more…)

#AI#compliance#Conpend


Douglas Grant of Manx Financial comments on UK GDP...

Commenting on GDP contracting by 0.3%, Douglas Grant, Group CEO at Manx Financial Group PLC, said... (more…)

#Douglas Grant#GDP#Manx Financial

Coface increases its support to ESG projects through single...

Coface has decided to increase its support to the financing and implementation of long-term ... (more…)

#ESG#sustainability

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