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Northrim BanCorp, Inc. (Northrim) has announced the acquisition of Sallyport Commercial Finance, LLC (Sallyport) in an all cash transaction that closed on October 31, 2024 and is valued at approximately US$53.9m. Sallyport is a leading provider of factoring, asset based...
#factoring asset based lending#Mike Huston#Nick Hart
Mediation and negotiation between the parties begin with speech, conversation, debate, asserting one's truth, and instinct for the best outcome…
#Irina Batiashvili#mediation
Patrick Myles joins Lendscape to drive innovation and expand the company’s technology capabilities. Lendscape, a global leader in secured finance…
#AI#financial institutions#Lendable
Speaking at a roundtable with heads of multilateral development banks (MDBs) on the sidelines of World Bank Group and International…
#multilateral development banks#Ngozi Okonjo-Iweala#supply chain finance
Aramco, one of the world’s leading integrated energy and chemicals companies, and Taulia, a SAP company and leading fintech provider…
#Aramco#SAP#Saudi Industrial Development Fund
As instant payment volumes grow in 2025, banks must prioritise resilience, scalability, and speed of recovery, said Barry Rodrigues (pictured),…
#Barry Rodrigues#Finastra
I recently published a series entitled 'Fintech: friend or foe for the factoring industry' and I thought it might be…
#factoring#fintech#Mark Mandula
In 2023 the Croatian factoring industry recorded a modest growth of 2.6 per cent versus the previous year, which is…
#factoring#GDP#Nives Rudež
Finfra, an Indonesian embedded lending fintech, has successfully secured US$2.5m in a funding round led by Cento Ventures. This funding…
#embedded lending#Finfra#Markus Prommik
The British Business Bank welcomes the Chancellor of the Exchequer’s announcement at yesterday’s Autumn Budget confirming over £1bn of funding…
#British Business Bank#Louis Taylor#start up loans
To keep pace in 2025, institutions must reimagine banking through innovative technology and ecosystems. Siobhan Byron (pictured), EVP, Universal Banking…
#cybercrime#Finastra#fraud
Basware, the global leader in accounts payable (AP) automation and invoice processing, has upgraded its analytics platform with GenAI to…
#accounts payables#Basware#Basware Insights
With today’s UK budget announcement confirming a rise in both employers' national insurance payments and the rates of capital gains…
#BFS#Bibby Financial Services#Employment Allowance