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UK P2P lending soars but SMEs generally wary of...

Peer-to-Peer business lending and other forms of alternative business finance saw significant growth last year, but an aversion to external finance continues to hold back many small firms, according to... (more…)

#bank#business finance#digital

Global banks, TradeIX and R3 pilot blockchain trade finance...

The initiative, called Marco Polo comprised of a group of the world’s leading banks, together with trade finance technology specialist…

#blockchain


HPD Software and FCI collaboration fuels student dreams to...

Keen to facilitate education and development of the commercial finance industry, HPD and FCI came together to support... (more…)

#commercial finance#emerging markets#financial institutions


HSBC global trade and receivable finance business ‘stabilised’ in...

HSBC’s commercial banking division grew its pre-tax profits 15% during 2017, to US$6.7bn ... (more…)

#bank#liquidity#management


Four banks join Indian Invoicemart TReDS platform

New banks have come on-board the invoice discounting platform Invoicemart. The recent addition, Allahabad Bank, Standard Chartered Bank, Vijaya Bank and…

#bank#interest rates#invoice


New definition of SME shuts out companies from grants...

Listed entities and government-linked companies (GLCs), including their subsidiaries, are no longer deemed as small and medium enterprises (SMEs)... (more…)

#bank#financial services#guarantee


UK SMEs are losing over £9bn through invoice fraud...

Recently published research states that 58 per cent of SME owners think the impact of modern-day invoice fraud on their…

#GDPR#invoice#smes


Dubai invoice finance fintech buys minority stake in partner...

Dubai-based fintech start-up ... has bought a minority stake for an undisclosed amount in its Mumbai-based partner... (more…)

#banks#invoice#Invoice Bazaar


Italian factoring activity up in 2017

Factoring, a business that represents around 13% of GDP in Italy, confirms its fundamental role in supporting local companies to accelerate ...…

#ASSIFACT#commercial finance#EU Federation


ADB gives USD 75mn for lending to Sri Lanka’s...

Sri Lanka has decided to obtain an additional financing through a loan of US$75 million dollars from the Asian Development…

#ADB#bank#international


Factoring continues to increase in Germany according to BMF

In 2017, the volume of purchases made by SMEs was 9.5 per cent higher than in the previous year, according…

#BFM#JITpay#receivables


Barclays Africa names new regional head of trade

...has joined Barclays Africa as regional head of trade (excluding South Africa) in Johannesburg... (more…)

#ABSA#bank#global trade

Swedish government publishes updated draft law on e-invoicing

The Swedish government has now published an updated draft law that involves even more extensive changes than previously announced... (more…)

#electronic documents

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