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Finastra is announcing that Sonali Bangladesh UK (SBUK), a UK-based financial institution providing trade finance services to Bangladesh, has chosen its solution to transform the institution’s banking operations. By implementing Finastra Essence, a feature-rich, SaaS core banking solution deployed on...
#Finastra#Masum Billah#Siobhan Byron
Time Finance plc, the AIM listed independent specialist finance provider, is pleased to announce that it has renewed and increased…
#invoice finance#James Roberts#NatWest
Cautious optimism marked the second quarter in the asset-based lending market as banks and other lenders saw a rise in…
#asset based lending#Commercial Finance Association#Richard D. Gumbrecht
Dancerace has welcomed sales leader Michael Ellis to its global management team – the latest senior invoice finance (IF) specialist…
#Bibby Financial Services#Blackstar Capital#Dancerace
Overall healthy factoring demand, while less than anticipated due to weaker spending in key client sectors, suggests that the factoring…
#Secured Finance Network
SLR Investment Corp. announced that on September 27, its subsidiary, SLR Business Credit, acquired an asset-based factoring portfolio and operations…
#acquisition#asset based lending#factoring
Magnati, a leading payment solutions provider, has partnered with RAKBANK, the UAE's largest SME bank, to launch an innovative merchant…
#account receivables#embedded finance#fintech
Emirates Development Bank (EDB) and Abu Dhabi Islamic Bank (ADIB) have partnered to support UAE's small and medium enterprises (SMEs)…
#ADIB#credit guarantee scheme#EDB
Emirates NBD, a leading banking group in the MENAT region, has announced a SAR100million (US$26.7m) ESG-linked working capital facility with…
#Chalhoub Group#Emirates NBD#ESG
The French Association of Financial Companies (ASF) has published its latest figures on the factoring market, indicating slight growth for…
#ASF#factoring
In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100m…
#Afreximbank#National Bank of Malawi#trade finance
Trade-based money laundering (TBML) poses significant challenges for law enforcement and financial institutions due to its complexity and the lengthy…
#ADB#anti money laundering#trade finance
Aon plc, a leading global professional services firm, has released its 2024 Working Capital and Performance Benchmarking Report for the…
#AON#liquidity