No products in the basket.
US business services group Conduent has completed a US$447m refinancing that extends its revolving credit maturities to May 2029 but introduces a significant new condition: the company must establish a qualifying receivables financing or securitisation facility of at least US$100m...
#Bank of America#Conduent#corporate restructuring
Specialist finance provider eCapital has provided an US$18m asset-based lending facility to a US forged-steel manufacturer undergoing a turnaround, using…
#asset based lending#eCapital#industrial finance
Getty Images has filed for Chapter 11 bankruptcy protection in the United States to implement a restructuring backed by its…
#bankruptcy#Chapter 11#credit restructuring
Newegg Commerce has closed a US$100m senior credit facility led by East West Bank, replacing and expanding earlier borrowing arrangements…
#corporate lending#East West bank#ecommerce
PrimeRevenue has joined RapidRatings' Financial Health Rating Exchange marketplace, creating a new route for businesses to access receivables and payables…
#Cash flow#credit ratings#FHRx
Republic Business Credit has provided a US$15m factoring facility to a Midwest US staffing company after an unexpected tax liability…
#bank credit freeze#credit facilities#factoring
Two US banks have completed a loan participation payment in under three minutes using tokenised deposits, demonstrating how bank-issued digital…
#bank liquidity#Custodia#digital settlement
Mastercard has introduced a risk-intelligence service designed to identify fraud, scams and sanctions exposure before stablecoin payments are completed, targeting…
#blockchain analytics#Borderless.xyz#cross-border payments
JPMorgan has launched its US dollar-denominated deposit token, JPM Coin, on Ethereum's main blockchain network, expanding the ability of institutional…
#blockchain settlement#corporate treasury#digital assets
MidOcean Partners has formed a joint venture with US small-business lender Idea Financial that will provide up to US$225m in…
#alternative finance#asset-backed securitisation#business loans
Finastra has launched a cloud-enabled standby letter of credit processing solution aimed at helping US regional and mid-sized banks automate…
#bank guarantees#Finastra#Money20/20
FactorFox Software has onboarded 107 existing customers into the testing environment of its new artificial intelligence-based factoring platform, with the…
#artificial intelligence#digital factoring#FactorFox AI
Joshua Wander, the founder and former chief executive of investment firm 777 Partners, has pleaded guilty to wire fraud and…
#777 Partners#asset verification#collateral fraud