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FASB ratifies new SCF reporting rule

U.S. companies will have to disclose the terms and the size of their supply-chain financing programmes under a new rule from the Financial Accounting Standards Board, which was approved on Wednesday, the Wall Street Journal (WSJ) reports. Previously such disclosure was...

#supply chain finance

British Business Bank to extend Recovery Loan Scheme

The British Business Bank (BBB) announced on Wednesday that a successor to the Recovery Loan Scheme (RLS) will be opening…

#bank#British business#invoice


Crystal Specialist Finance names new head of strategy

Mark Hutchings has joined Crystal Specialist Finance as head of strategy and group products. Hutchings joins from Berkeley Alexander Insurance…

#Corporate appointments


Funding Circle appoints new VP of engineering

Funding Circle, the UK's largest small business loan platform, announces the appointment of Bruno Tavares as VP of Engineering.Bruno has…

#Corporate appointments


Paystand employs blockchain in dynamic discounting

Paystand, one of the leaders in blockchain-enabled B2B payments, on Monday launched the world’s first dynamic discounting application designed for…

#blockchain#dynamic discounting


How do we nurture creativity in our global factoring...

I think by taking the first step in this journey (by learning and researching creativity in articles like this), we…

#creativity#Mark Mandula#McKinsey & Company


TASConnect – aiming to increase competition in global SCF

Supply chains are getting more complex, which means for corporates, the goal of securing and stabilizing a supply chain, especially…

#supply chain finance


Start-up B2B marketplace to offer invoice management and finance...

wherEX, a start-up that began as a bidding and quotation platform, and which today operates in Chile, Mexico, Peru and…

#invoice management


New Conektr and Triterras collaboration to provide working capital...

Triterras Inc., a global fintech company and one of the leading innovators of inclusive finance solutions for the world's micro,…

#working capital finance


Hero fintech start-up raises €12.4m after launch

Paris-based fintech start-up Hero has raised €12.4m (£10.5m) for its full-stack solution for SMEs. The funding comes just after 7…

#credit risk#invoice#Natixis


Mountain Ridge Capital partners with Solifi ABL to accelerate...

Solifi™, a global fintech software partner for secured finance, announced that Mountain Ridge Capital (MRC) selected and recently deployed Solifi’s…

#alternative lending#cloud#digital


Navigating risk in uncertain times

Author: Christopher Hart, European Business Director, EQ RiskfactorWhen the history books are written, the entry for 2022 will be an…

#risk management

Turkish exporters hit by Eximbank restrictions

Turkish businesses, who have serious problems in accessing credit, complain that Eximbank loans have come to a standstill. Manufacturers and…

#export finance

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