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Global

Corporate treasury favouring invoice discounting

The majority (71%) of corporate treasurers believe invoice discounting can act as a means for the Treasury to provide tangible value add, according to research from C2FO, the world’s market for working capital (more…)

#Amazon#invoice#platforms

Bibby appoints new Group Risk Director

Bibby Financial Services (BFS) has appointed Ian Ramsden as Group Risk Director on a permanent basis. (more…)

#financial services#funding#risk


RBI appoints Mynd Solutions for trade receivables exchange

The Reserve Bank Of India (RBI) has set up an exchange for online discounting of trade receivables, through a ‘TReDS’…

#bank#cash-flow#management


Supply chain finance group moves into factoring industry

MFC Industrial Ltd., a Canadian supply chain finance company listed on the New York Stock Exchange, has successfully concluded an…

#bank#guarantees#management


New president at Scottish factoring body

YourPlace factoring services' director Alison McDiarmid has been elected as President of the Property Managers Association Scotland (PMAS) (more…)

#i#management#training


8990 to sell P10B worth of receivables

Housing developer 8990 Holdings, Inc. is expecting to have P10bn worth of receivables, in the form of contracts-to-sell (CTS), available…

#banks#receivables#Two


TAB Bank appoint new president

TAB Bank – which provides working capital solutions to commercial businesses, including accounts receivable financing – has announced the appointment…

#bank#commercial finance#leadership


VTB Bank in factoring discussions with Embassy of the...

In January, the Embassy of the Republic of Belarus and VTB Bank held a meeting on the use of factoring…

#bank#exporters#exports


Crestmark’s successful January

Crestmark – which specializes in asset-based lending, accounts receivable financing and factoring – has reported securing a total of USD10.7m…

#working capital


Polish factoring turnover increases

Factors from the Polish Factors Association (PFA) reported at the end of 2015, a total turnover of ZL134.33bn. Compared to…

#crisis#Executive Committee#non-recourse factoring


Aldermore’s new hire

Aldermore has appointed Brian Warbrick to its newly established Dealer Services team. The team, which provides financing to dealers, comprises…

#Aldermore#bank#invoice


Skuchain developing blockchain solutions

Skuchain, a Mountain View-based startup, reports that it is developing blockchain solutions for B2B trade finance and supply chain finance.…

#blockchain#conference#international

Afreximbank and FCI+IFG co-organise factoring promotion conference

African businesses should capitalize on the advantages offered by factoring as an alternative trade finance instrument in order to trade…

#bank#conference#exporters

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