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Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from US$40m to US$45m for the commitment capacity of the Accounts Receivable Securitisation Programme of Hyperion Materials & Technologies Inc. (“Hyperion”), a global leader in...
#accounts receivable#receivables securitisaton
Standard Chartered has launched of the sustainable finance variants of Borrowing Base Trade Loans (BBTL). The solution will be available…
#ESG#receivables#Standard Chartered
The Bank for International Settlements (BIS) announced the launch of Project Aperta, an initiative aimed at reducing frictions and costs…
#BIS#digitalisation#digitisation
Lendingkart, India’s largest fintech company in the MSME (Micro, Small, and Medium Enterprises) lending space, is set for a transformative…
#fintech#investment#MSME finance
The Nigerian Senate has taken a significant step towards improving the financial landscape for Micro, Small, and Medium Enterprises (MSMEs)…
#factoring#factoring legislation
The Bank of New York Mellon Corporation ("BNY") and Mizuho Bank, Ltd. (“Mizuho Bank”), the banking arm of Mizuho Financial…
#BNY Mellon#International Trade#Mizuho Bank
The Banco Central do Brasil (BCB) recently unveiled the second phase of its Drex Pilot, the initiative aimed at developing…
#BCB#invoice discounting#smart contracts
Tuum, a next-generation core banking provider from Estonia, has launched its foundational Islamic Banking and Finance solutions, marking a significant…
#asset based lending#fintech#invoice finance
The International Chamber of Commerce (ICC) has introduced the Principles for Sustainable Trade Finance (PSTF) during Sibos 2024 in Beijing.…
#ICC#supply chain finance#sustainability
Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023,…
#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24
The Small Business Commissioner, with the support of the Department of Business and Trade, will be launching a new Fair…
#Fair Payment Code#Gareth Thomas#late payments
The Reserve Bank of India has yesterday, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of…
#Pricing Policy#Regulated Entities#regulatory
Moldovan businesses are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD),…
#EBRD#EU#EU4Business-EBRD Credit Line