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Supply chain finance platform SaralSCF reported impressive Q1 FY25 results, with over Rs 270 Crore (US$32.3m) disbursed across 30,000 invoices, marking a nearly 30% increase from Q4 FY24. The company’s assets under management (AUM) grew by 30 per cent year-on-year...
#account payables#account receivables#SaralSCF
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
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 announced yesterday that HSBC UK has extended their support through a £50m global trade solutions funding package. This…
#Andrew Noble#Graham Furse#HSBC
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
TruFin has announced that Vicki Sloane is the new appointed Chief Executive Officer of Oxygen Finance (Oxygen). Vicki was previously…
#payment practices#trade#WHO
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 (CIB), Egypt’s leading private-sector bank, has announced that it has launched its new “Sustainable Finance Loan” targeting…
#bank#international#smes
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, 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 has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over…
#API#bank#management
With the evolution of technology, the landscape of receivables financing has undergone significant transformation, emphasising the pivotal role of automation…
#invoice#platforms#receivables
Here is the next in my series on how AI and Gen AI are being utilised in the work force…
#Mark Mandula