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USA

Receivables Exchange downsizes sales and marketing department

The Receivables Exchange, a Louisiana-based online marketplace for the sale and purchase of receivables, has laid off 26 sales and marketing employees in New Orleans and New York, according to reports from the Times-Picayune and the Silicon Bayou News. (more…)

US factoring – modest growth forecast

Paragon Financial say factoring is likely to grow this year, but only slightly faster than the economy. (more…)

#international#international factoring#International Factoring Association


Eighty-Eight per cent of businesses lack financial risk visibility,...

Survey reveals wide variances in corporate risk exposure preparedness. (more…)

#cash management#cloud#management


Gateway unveils new invoice management division

Florida-based Gateway Commercial Finance has announced the formation of a new division, Sentinel Portfolio Solutions, to provide its proven platform…


Universal Funding to publish ‘six golden rules’

Universal Funding announced publishing an e-booklet. (more…)


e-Factor Network exceed 2012 goals

e-Factor Network announces record growth for 2012. (more…)


BNY Mellon to pay USD114 million settlement over Ponzi...

Bank of New York Mellon Co has reached USD114 million settlement to resolve the claims of Medical Capital Holdings Inc.…


Purchase Order Financing – a “tough love” solution for...

  Purchase order financing in the USA is an upcoming solution for businesses struggling to access funding for growth. Richard Eitelberg,…


PrimeRevenue announces record growth for 2012

PrimeRevenue, Inc., a cloud-based platform for global, multi-bank Supply Chain Finance (SCF), has announced operating results for the year ending…

#bank#management#SCF platform


TCI Oilfield Factoring expands Texas team

TCI Oilfield Factoring employs an oil industry veteran. (more…)

#cash-flow#i#Vice president


Hallmark to provide comprehensive e-invoicing and dynamic discounting

Hallmark appointed Taulia to implement e-invoicing and dynamic discounting solutions for its supply chain. (more…)

#discounting platform#dynamic discounting#invoice


Debt collector sentenced after pocketing clients’ money

Debt collection agency chairman sentenced to five years in prison on fraud plea.  (more…)

#bank#debt collection#financial services

Lenders Commercial Finance launches Full-Cycle Financing Programme

Lenders Commercial Finance has announced it is now offering a more flexible alternative to traditional factoring. (more…)

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