CIT Group has announced the appointment of Marc Heller as President of CIT Commercial Services - a provider of factoring and financing to consumer product companies
Companies are increasingly under pressure to identify alternative sources of finance. Supply chain finance (SCF) is arguably one of the best ways to smooth access to liquidity and improve payment and collection terms
Bibby Financial Services (BFS), has announced that it is to launch a new foreign exchange division in 2016 having gained regulatory approval from the Financial Conduct Authority (FCA)
London-based Standard Chartered and Singapore-based bank DBS have partnered together to develop a distributed ledger for trade finance in Singapore after successfully testing the technology among each other
DS-Concept Factoring, Inc., a global commercial finance company specializing in international non-recourse factoring, has provided a USD3m export accounts receivable facility to a trading company headquartered in the British Virgin Islands with subsidiaries in the US, Canada and UK
Gresham Computing plc, a provider of real-time financial transaction control and enterprise data integrity solutions, has released version 2.0 of its CTC Account Receivables Management (CTC ARM) offering
Over the last five years a sizeable number of new entrants have entered the market for consumer and commercial finance. They range from invoice trading platforms to peer-to-peer lending platforms to the so-called ‘challenger banks.’...
