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Surge in late payments to UK small businesses, Xero...

Late payments to small businesses in the UK have surged over the past three months, according to the latest analysis by Xero. The Xero Small Business Insights data indicates that payouts to small businesses were made 7.3 days late on...

#late payments#sme finance#Xero

Network International and Biz2X announce SME financing partnership

Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, has partnered with Biz2X®, a…

#embedded finance#Network International#SME lending


SaralSCF announces Strong Q1 FY25 results, showcasing robust growth

Supply chain finance platform SaralSCF reported impressive Q1 FY25 results, with over Rs 270 Crore (US$32.3m) disbursed across 30,000 invoices,…

#account payables#account receivables#SaralSCF


Surecomp and Visa collaborate to enhance trade finance and...

Surecomp® today announced a new collaboration with Visa, a world leader in digital payments. This initiative represents a significant development…

#cross-border payments#surecomp#Visa


ITFC helps development of trade finance in Tajikistan with...

The International Islamic Trade Finance Corporation (ITFC) in collaboration with the Ministry of Economic Development and Trade of the Republic…

#Dilshod Sharifi#islamic finance#ITFC


Sonan Bunkers secures £20m uplift in receivables finance from...

Sonan Bunkers announced yesterday that HSBC UK has extended their support through a £50m global trade solutions funding package. This…

#Andrew Noble#Graham Furse#HSBC


Exciting rebrand announcement: trfnews becomes BCR News on July...

BCR is excited to announce that on July 30th, trfnews is rebranding to BCR News. The new website will feature an…

#accounts receivables finance#BNPL#embedded finance


Oxigen Finance announces new CEO

TruFin has announced that Vicki Sloane is the new appointed Chief Executive Officer of Oxygen Finance (Oxygen). Vicki was previously…

#payment practices#trade#WHO


Evolution of the factoring industry in Nicaragua

According to the latest data from FCI, the global factoring industry grew by 3.6 per cent in 2023. Roberto Gutiérrez…

#bank#financial services#smes


Commercial International Bank Egypt launches “Sustainable Finance Loan” for...

Commercial International Bank (CIB), Egypt’s leading private-sector bank, has announced that it has launched its new “Sustainable Finance Loan” targeting…

#bank#international#smes


EU and Singapore conclude negotiations for landmark Digital Trade...

The EU and Singapore concluded negotiations for a Digital Trade Agreement (DTA) on 25th of July 2024. This deal is the first EU…

#digital trade finance#electronic trade documents


MNT-Halan expands into Turkey with 100% acquisition of factoring...

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with…

#aquasition#fintech

Bank of America’s CashPro® App surpasses US$500bn in payment...

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over…

#API#bank#management

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