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EFG Hermes Holding announced today the transfer of Walid Hassouna from his position as CEO of the firm’s Non-Bank Financial Institutions (NBFI) Platform to focusing solely on managing and driving forward Egypt’s leading buy-now, pay-later (BNPL) lifestyle-enabling fintech platform valU.The...
#BNPL#Corporate appointments#EFG Hermes
CIT, a division of First Citizens Bank, announced Tony Cheng will now be serving as Vice President, Client Service Officer…
#CIT#Corporate appointments
Kevin Day, CEO of Lendscape discusses the relationship between trust, data and user experiences in his article for the World Factoring…
#COVID-19#Lendscape#open banking
German operator Deutsche Telekom and Commerzbank have partnered to develop digital supply chain systems with integrated financial services which use…
#Commerzbank#digitalisation#supply chain finance
After reaching 10-year highs in 2020, the working capital of the S&P 1500 companies returned in 2021 to levels prior…
#COVID-19#J.P. Morgan#J.P. Morgan
The Indian state finance corporation, NITI Aayog, said in its recent report on digital banking that the Trade Receivables Discounting…
#India Factoring
The Board of Directors of the African Development Bank Group has approved a €50m (£42.6m) unfunded risk-sharing facility partnership with Societe Generale…
#AfDB#credit risk#Societe generale
Peru’s Ministry of Production (Produce) reported on Friday that in the first six months of this year a total of…
#accounts receivables finance
Channel, an alternative investment fund manager, is launching its new fintech branch, Channel Digital Europe based in the Netherlands. The…
#channel
Tangelo, Latin American financial technology company specialising in alternative credit, announces that it made its first disbursement of the approved…
#funding#receivables#smes
U.S. companies will have to disclose the terms and the size of their supply-chain financing programmes under a new rule…
#supply chain finance
The British Business Bank (BBB) announced on Wednesday that a successor to the Recovery Loan Scheme (RLS) will be opening…
#bank#British business#invoice
Mark Hutchings has joined Crystal Specialist Finance as head of strategy and group products. Hutchings joins from Berkeley Alexander Insurance…
#Corporate appointments