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Cambridge Savings Bank’s ABL team closes US$12.5m deal with...

Cambridge Savings Bank (CSB) announced the closing of a $12,500,000 senior secured credit facility with New England and Northeast Linen Supply (NELS), a leading linen service and uniform rental company that provides a full suite of textile products to upscale...

#bank#investment#Vice president

‘Cash-flow lending can help close credit gap for MSMEs...

While MSME’s have been facing problems of credit availability, the committee pointed that... (more…)

#bank#digital#invoice


Bibby teams up with state-owned SBCI for new solution

SMEs often face difficulties accessing finance for the purchase of products or may be unable to obtain or agree... (more…)

#bank#financial services#guarantees


Afreximbank introduces Tunisia-Africa trade and investment promotion programme

The African Export-Import Bank (Afreximbank) and the Central Bank of Tunisia have signed... (more…)

#bank#Benedict Oramah#exports


BFS US names new EVP, National Sales Manager

Bibby Financial Services (BFS), a leading global financier for small and mid-sized businesses... (more…)

#bank#commercial finance#invoice


Allied Payment Network introduces digital bill pay technology

US-based bill payments provider Allied Payment Network has introduced a real-time digital bill payment tool using Finastra's FusionFabric.cloud. Allied Payment…

#bank#cloud#digital


Afreximbank approves $69m dividend pay-out

The African Export-Import Bank (Afreximbank) will pay a total of US$69m... (more…)

#African Development Bank#bank#Benedict Oramah


Bank of England backs data platform to boost SME...

The Bank of England said it will consult on developing a data platform that will store financial information from ...…

#bank#Bank of England#open banking


HSBC takes another big leap with blockchain in trade...

In spite of all the lofty promises and transformative qualities of blockchain... (more…)

#bank#blockchain#platforms


AI-based tech start-up raises US$3m from Spanish banking group

Artificial intelligence start-up Active.ai has raised US$3m from... (more…)

#3M#AI#artificial intelligence


HSBC launches Digital Accounts Receivable Tool built on Identitii’s...

HSBC has announced the launch of its Digital Accounts Receivable Tool (HSBC DART) using Identitii’s tokenisation... (more…)

#bank#blockchain#cash management


Receivables finance market evolution, past and present

During FCI AGM Meeting in Vietnam, Michael Bickers, Managing Director of BCR Publishing... (more…)

#bank#blockchain#International Trade

EXIM Thailand introduces trade export credit insurance

The Export-Import Bank of Thailand (EXIM Thailand) is ready to support Thai exporters’ in this era of... (more…)

#bank#exporters#international

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