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Global

French banks launch factoring smartphone app

Clients will be able to access factoring account information on the go (more…)

#banks#Natixis

Construction industry at heart of China’s burgeoning debt problems

Thomson Reuters late payment survey shows average company receivables have doubled in four years (more…)

#economy#late payment#Paid


Billion dollar securitisation facility for communications provider

Bank of Tokyo-Mitsubishi to administrate the two-year agreement (more…)

#bank#banks#liquidity


Spanish factor sets aside EUR40million for summer tourism boom

Liquidity fund to assist stretched Valencian companies in busy summer season (more…)

#liquidity#smes


FIMBank conference to focus on financial crime

Money laundering and fraud dominate the programme at Maltese event (more…)

#banks#conference#international


Axe falls on 11 in Banamex aftermath

Senior executives amongst those fired for failing to prevent USD400million fraud (more…)

#bank#international#risk


Italian police search UBI Banca offices

Search in relation to allegations against the bank's factoring unit (more…)

#bank#leasing


Close Brothers claim SMEs concerned about interest rate rise

Business Barometer suggests increase would have negative impact on cash flow (more…)

#interest rates#international#invoice


Late payments crippling Europe and costing millions of jobs

European Payment Index suggests late payments behind high unemployment (more…)

#liquidity#management#Paid


Stricter regulations to be enforced in wake of Banamex...

CNBV to introduce more stringent procedures for lax banks by Q4 (more…)

#bank#banks#Paid


Fitch expect to see big market changes

SLB transaction laws and minimum capital requirements may shake-up Turkish market, say Fitch (more…)

#bank#capital requirements#leasing


Mazars study reveals SME payment disparity across Europe

Spanish SMEs wait three times as long as Swedes to receive payment (more…)

#bank#management#smes

Bibby launch television advertising campaign

First invoice financier to run tv advertisements in several years (more…)

#alternative funding#bank#financial services

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