New SCF service in Turkish finance sector

FIT Solutions has announced that it has released its latest e-Finance Supplier Finance solution which it reports provides services to 70% of the top 2000 corporations in Turkey and delivers a solution for corporations that experience difficulties in collection payments and therefore managing their own working capital

Arena Factoring joins FCI

FCI has announced that Arena Factoring A.S. based in Istanbul, Turkey is its newest Associate Member.

Isbank goes live with Surecomp’s DOKA 5

Surecomp, the global provider of trade finance solutions for banks and corporations, has announced that Isbank AG, the European arm of Turkish bank Tьrkiye Is Bankasi A.S., has commenced production with DOKA 5, Surecomp’s back-office solution for documentary trade finance