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Oscilar unveils advanced AI-Powered AML Risk Platform to combat...

Oscilar, a leading force in AI-Powered financial risk management, today publicly unveiled an industry-leading AI-Powered AML Risk Platform at the ACAMS Summit in Florida. This innovation represents a major leap forward in Anti-Money Laundering (AML) operations by equipping sponsor banks,...

#AI#anti-money laundering#bank

Ultimate Finance hits new £100m double lending milestone

Asset-based lender Ultimate Finance has hit a new lending milestone with both their asset and bridging loan books hitting £100m…

#Josh Levy


CredAble achieves record-breaking $8bn throughput in FY23-24

CredAble, India's largest working capital tech platform, announced a record-breaking milestone aggregate throughput worth US$8bn for the financial year 2023–24.…

#supply chain finance#working capital


Antares Syndicate 1274 launches credit and political risk consortium

Antares Syndicate 1274, the (re)insurance subsidiary in the Lloyd’s market of QIC’s Antares Global, has launched a consortium for underwriting…

#banks#credit risk#insurance


PNC Bank Provides $150m A/R securitisation facility to Kinetik...

In a strategic move to fortify its financial position, Kinetik Holdings Inc. has secured a substantial accounts receivables securitisation facility…

#receivables


Allianz Trade DSO/WCR report: global payment terms hit record...

Allianz Trade has released its latest report on global Days Sales Outstanding (DSO) and Working Capital Requirements (WCR). In this…

#Allianz Trade#payment terms


PowerPay secures inaugural securitisation for home improvement and medical...

PowerPay, a leading US fintech company specialising in real-time lending and payment solutions for contractors and physicians announced the closing…

#bank#channel#funding


Tat Yeen Yap leaves Monetago

On April 3, 2024, a notable shift occurred in the fintech sphere as Tat Yeen Yap bid farewell to his…

#Managerial Appointments


WFY’23: Italian factoring exceeds 15% of GDP in 2023

IntroductionThe Italian Factoring Association (ASSIFACT) represents the totality of the factoring market in Italy with 31 members as of March…

#ASSIFACT#Diego Tavecchia


Finacity renews and upsizes IFRS trade receivables securitisation for...

Finacity Corporation (Finacity), a White Oak company, announced today that it has successfully renewed and upsized its existing IFRS off-balance…

#White Oak


Optimum Finance makes new senior appointment

Optimum Finance has appointed Ross Stephenson as Senior Relationship Manager (RM) to further drive new business growth and provide support to…

#Ant Persse


IFRS to enlarge supplier finance disclosures for SMEs

The International Accounting Standards Board (IASB) has recently published for public comment the Addendum to the Exposure Draft Third edition of the IFRS…

#IASB#supplier finance

ABL provider introduces Accelerate Pay for business payments

Synovus has launched Accelerate™ Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in…

#accounts payable#bank#cash management

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