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“More education is needed,” Saloi Benbaha. In this pre-MENASCF24 interview with Michael Bickers, Saloi Benbaha, Head of Enterprise Alliance and Ventures at XDC Network, discusses the critical challenges in trade digitisation across the MENA region. She highlights barriers such as...
#digitalisation#digitisaton#fintech
HSBC is looking to enhance its trade financing options for businesses on e-commerce platforms in mainland China and Hong Kong,…
#digital trade finance#Dowsure#e-commerce
The Hong Kong Monetary Authority (HKMA), together with the banking sector, introduced multiple measures to further support, through financing as…
#HKMA#sme finance#SME lending
Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from US$40m to US$45m for…
#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