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India

Standard Chartered Bank completes its first digital factoring transaction...

In an endeavor to support MSME financing, Standard Chartered Bank has successfully completed its first Trade Receivable Discounting... (more…)

#bank#interest rates#invoice

Indian technology provider implements blockchain-based smart KYC

...an online credit marketplace providing technology-enabled end-to-end solutions to financing needs of individuals and SMEs, announced... (more…)

#bank#blockchain#digital


Four banks join Indian Invoicemart TReDS platform

New banks have come on-board the invoice discounting platform Invoicemart. The recent addition, Allahabad Bank, Standard Chartered Bank, Vijaya Bank and…

#bank#interest rates#invoice


New Indian bank on-boards TReDS for invoice discounting

The Mumbai headquartered...has signed a pact with Receivables Exchange of India Ltd (RXIL) as a TReDS (Trade Receivables Discounting System)…

#bank#digital#invoice


Indian SME lending start-up raises over US$87m in equity...

Post raising US$4.7m funding round in January 2018, Ahmedabad-based SME lending platform... (more…)

#bank#platforms#SME lending


Fintech company Traydstream hires new country head for India

...a UK-headquartered fintech company whose platform digitalises and automates trade finance, has hired... (more…)

#AI#artificial intelligence#bank


Indian budget 2018 should offer incentives to factoring business

Since its inception, factoring business has made a significant progress in India. Considering the large... (more…)

#assignment of receivables#invoice#management


MSMEs – a key focus of Indian government in...

Micro, Small and Medium Enterprises (MSMEs), play an important role in the economic fabric of India yet decades after Independence…

#bank#digital#receivables


Blockchain startup joins Indian cryptocurrency exchanges to improve KYC  

...a regtech blockchain startup, working in the identity verification space, has teamed up with cryptocurrency exchanges in India to improve...…

#blockchain#Cryptocurrency#RegTech


Indian invoice discounting platform expects US$1.7 bn volume

...a digital invoice discounting platform for MSMEs, expects to process business volumes of ₹11,000 crore (US$1.7bn) in next two years...…

#bank#exporters#invoice


Indian bank offers new digital supply chain finance solution...

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, has implemented a comprehensive…

#bank#international#payable finance


Indian fintech – review 2017 and forecast 2018

Just a few years ago, India’s nascent fintech sector would seem incongruous with the country’s cash-dominant economy and digitally... (more…)

#bank#invoice#management

Insolvency and bankruptcy Code in India

As the Indian economy attempted to move from an agrarian economy and adopted economic plan to foster industrialization, major policies…

#bancruptcy

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