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Infosys Finacle tests trade finance platform with Indian banks

Seven banks in India have struck an agreement to collaborate with digital banking service provider Infosys Finacle on a blockchain-powered trade network, the company announced Wednesday (May 16). In a press release, Infosys Finacle said it has successfully launched India...

#purchase order finance

Trade finance in a world of disruption – ICC...

Trade finance faces considerable emerging geopolitical and technological challenges. Yet, if navigated successfully, these challenges also bring vast opportunities for…

#bank#blockchain#International Trade


Romanian bank exceeds the EUR 1 billion threshold for...

The third largest bank in Romania in terms of value of assets, BRD, announced on Thursday (17 May) that factoring…

#bank#international#international factoring


Invoice fraud, global in reach, as GDPR looms

As new compliance rules loom – GDPR and CDD – new acronyms (and mandates) make companies scramble to get to…

#bank#frauds#invoice


UK SMEs invoice finance provider chooses specialised software

...a specialist in invoice finance solutions for SMEs, has chosen financial automation software from... (more…)

#Optimum Finance


Cash flow bottlenecks drive supply chains toward factoring 

Trade finance has evolved into an expansive market that combines supply chain finance, invoice finance and factoring, reverse factoring and...…

#bank#invoice#management


Santander ‘discloses £91m bad debt’ from Carillion reverse factoring

Santander UK’s impairment from the Carillion reverse factoring scheme totalled £91m (€103m),... (more…)

#bank#Carillion#invoice


MarketInvoice boosts regional presence with new hire

MarketInvoice has hired ex-banker ... to boost its regional presence as head of ... (more…)

#Aldermore#bank#financial services


Wells Fargo, PNC, others upsize Ferrellgas A/R facility

Ferrellgas Partners increased its accounts receivable facility securitization from... (more…)

#bank#capital requirements#Letters of Credit


New poll shows 61% of UK SMEs want legislation...

Basware, a global leader in payments and spend management, and YouGovtoday release a survey that shows the true extent of…

#invoice#late payment#management


French fashion firm uses ESG reporting to enhance SCF

ESG (environmental, social and governance) has already made positive strides in the areas of green bonds and ESG-guided investment... (more…)

#bonds#management#Paid


Citi inks US$100 million trade finance deal with Asian...

Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to... (more…)

#ADB#bank#smes

Polish Credit Bureau first to move 140m credit records...

Poland has become the first country to move banking records en masse onto blockchain... (more…)

#blockchain

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