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The Centre for Finance, Innovation and Technology (CFIT) has struck an agreement with key industry partners that will see blue-chip financial institutions partner and fund CFIT’s next industry-led coalition, which will be launched in Q1 2025. This significant backing for...
#Centre for Finance#CFIT#Innovation and Technology
Mesirow, an independent financial services firm, has acquired Bastion Management (Bastion), an asset-backed specialty finance lender. The acquisition closed on…
#asset based finance#asset based lender#asset-backed finance
Ares Commercial Finance (ACF) has provided a US$25m senior secured revolving line of credit to Herschel Supply Co. (Herschel), a…
#Ares Commercial Finance#commercial finance#Herschel
Vesync Co., Ltd., a leading home appliance retailer headquartered in Hong Kong, has amended its Receivables Discounting Agreement with HSBC.…
#HSBC#invoice discounting#invoice finance
Funding Xchange (FXE), the leading provider of assisted lending and portfolio monitoring solutions that leverage smart background data, announces the…
#fintech#Funding Xchang#Managerial Appointments
Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief…
#fintech#Managerial Appointment#Solifi
SC Ventures, the fintech investment and incubation arm of Standard Chartered, has officially launched Labamu, an innovative invoicing and billing…
#embedded banking#fintech#Standard Chartered
Finastra, a global provider of financial services software applications, today announced a significant leadership transition. After nearly a decade of…
#factoring software#fintech#Managerial Appointment
Canada is set to include factoring companies in its anti-money laundering (AML) and anti-terrorist financing (ATF) regime, a significant regulatory…
#AML/CTF#factoring#regulation
Ahead of the Supply Chain Finance Summit in Madrid on 29–30 January 2025, BCR NEWS spoke with John Omoti Head…
#dynamic discounting#ESG#Inventory finance
NN, Inc., a global leader in engineering and manufacturing high-precision components and assemblies, has finaliseed an asset-based lending (ABL) agreement…
#ABL#NN#PNC Bank
Trade is a key determinant of economic growth, and trade transaction facilitation has given rise to conventional solutions such as…
#factoring#MCB Factors Ltd#Stephanie Cerveaux
The year 2024 was one that was defined by improvements in working capital efficiency. Mr. Ashutosh Taparia (pictured), COO &…
#Ashutosh Taparia#CredAble#working capital