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Blockchain may help FI with AML and identify factoring...

Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of blockchain... (more…)

#anti-money laundering#blockchain#factoring fraud

US jewellery distributor is sentenced in multi-million USD factoring...

A Rhode Island jewellery distributor who admitted to orchestrating a long-running fraud scheme that defrauded a debtor finance company... (more…)

#factoring fraud


Wells Fargo Supply Chain Finance provides US$33m financing for...

Wells Fargo Supply Chain Finance, a division of Wells Fargo & Company, completed a US$33 million... (more…)

#AI#awards#channel


Chinese company agrees to invest in blockchain-based SCF firm

Payson E. Johnston, CEO of the Silicon Valley (USA) blockchain-technology pioneer Crowdz, and Mr. Xiao Ming, Head of Crowdz China…

#blockchain#invoice#liquidity


First Financial Bancorp. and MainSource Financial Group, Inc. complete...

First Financial Bancorp. (First Financial) announced that it has completed its previously-announced merger with MainSource Financial Group, Inc. (MainSource)... (more…)

#commercial finance


SMEs lending “remained fairly static” in UK   

UK small businesses continue to struggle with access to bank funding, according to reports in Financial Times on Friday (March 30).…

#SME lending


Targobank puts factoring and leasing under one roof

Targobank AG intends to merge Targobank AG with Targo Commercial Finance AG until... (more…)

#bank#commercial finance#interest


UK invoice financier launches enhanced protection on supply chain...

...is offering investors an enhanced protection product to cover losses from invested funds... (more…)

#Flexible Funding#invoice#invoice financier


Indian companies launch blockchain platform to prevent receivable finance...

After years of announcements regarding blockchain proofs of concept and pilots, a first successful enterprise grade deployment that includes multiple…

#bank#blockchain#interest rates


Yes Bank launches robotics tool to automate trade finance

Yes Bank has launched a solution that uses robotics to digitise part of the trade finance payments process... (more…)

#bank#Bill#trade


Big banks on notice as tech groups ramp up...

Technology companies are set to take a big chunk of customers from banks, as they intensify their challenge to traditional…

#Amazon#bank#management


MUFG rebrands commercial banking subsidiary

Mitsubishi UFJ Financial Group’s core commercial banking subsidiary, the Bank of Tokyo-Mitsubishi UFJ, changed its name to... (more…)

#commercial finance

High profile appointments for Atradius UK team

Trade credit insurer, Atradius, has made two high-profile appointments within its UK team at its... (more…)

#trade credit insurance

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