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HSBC is looking to enhance its trade financing options for businesses on e-commerce platforms in mainland China and Hong Kong, following a successful partnership with Dowsure Technologies. This collaboration integrates Dowsure's e-commerce data solution with HSBC’s banking services, helping small...
#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
The Small Business Commissioner, with the support of the Department of Business and Trade, will be launching a new Fair…
#Fair Payment Code#Gareth Thomas#late payments