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Finacity Corporation (Finacity) announced that it has successfully renewed the IFRS off-balance sheet trade receivables securitisation for Votorantim Cimentos North America Inc. (VCNA). The transaction allows for up to US$150m in funding of the senior tranche from Wells Fargo Capital...
#securitisation
TradeIX announced today that its new Marco Polo ERP App has achieved the... (more…)
#Marco Polo
...the international network for illiquid assets, has partnered with global insurance and reinsurance... (more…)
#trade credit insurance
Trade Ledger, the 'world's first open' banking platform for business credit automation... (more…)
#Trade Ledger
Caroline Sumner, education and technical director of R3... (more…)
#insolvencies
For the second year running, Global Credit Data releases extensive analytics on loss given default (LGD)... (more…)
#bank#banks#cash-flow
Fintech has revolutionized the way traditional banks can implement and... (more…)
#bank#international#invoice
...is going to explore how it can apply blockchain to financing its upstream suppliers... (more…)
#bank#blockchain#conference
CIT Group Inc. announced...has been promoted to Managing Director... (more…)
#CIT Commercial Services
Nigeria is not among the top five countries in Africa's factoring market, worth... (more…)
#bank#conference#guarantees
The European Bank for Reconstruction and Development (EBRD) said it has provided a €24 million loan to... (more…)
#bank#liquidity#small businesses
Croatia has joined the European countries that mandated the use of e-invoicing in public procurement processes as outlined in Directive…
#e-invoices#invoice#poland
Wells Fargo’s CEO and president Timothy J. Sloan will retire from the company, effective June 30, 2019, and ... (more…)
#management#risk#risk management