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ABL provider introduces Accelerate Pay for business payments

Synovus has launched Accelerate™ Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in several different payment types while minimizing the use of checks. The solution offers payees the freedom to choose how they...

#accounts payable#bank#cash management

IFA names Thirdmark Capital as a Preferred Ally Member

The International Factoring Association (IFA) announced that Thirdmark Capital has been named a Preferred Ally Member. IFA Ally Membership is…

#bank#commercial finance#credit risk


Valley National Bank provides US$150m credit facility to a receivables finance firm

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced today that their New York City commercial banking team…

#bank#i#receivables


HKMA introduces nine measures to support SMEs

The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…

#bank#management#SME financing


Afreximbank closes US$282m “first-of-its-kind” India-focused club deal

The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282m.Initiated for the exclusive…

#bank#international#trade


Afreximbank bids farewell to long serving FCI Secretary General...

The Africa Export-Import Bank (Afreximbank) has bid farewell to Peter Mulroy, the long serving Secretary General of FCI who has…

#alternative financing#bank#regulation


Czech Flowpay raises €2.1m seed round to expand AI-powered...

Flowpay, a Czech fintech leveraging predictive AI models and embedded finance to assist SMEs in accessing operational funding, has secured…

#AI#bank#e-commerce


GHIB to develop trade finance in Sub-Saharean Africa

The Ghana International Bank (GHIB) has committed to address the urgent trade needs across Sub-Saharan Africa.During the 65th anniversary of…

#bank#financial institution#Ghana Cocoa Board


Latam trade finance platform raises US$12m new funding

Marco, a Latam trade finance platform for SME exporters, has announced the successful closure of a US$12m Series A funding…

#bank#exporters#smes


EBRD and NLB Komercijalna Banka aid SMEs in Serbia

The European Bank for Reconstruction and Development (EBRD) is further supporting access to finance SMEs in Serbia, by commencing cooperation…

#bank#international#small business


WFY´23: 2022 -´year of anticipation for Australian factoring market´

Australia’s factoring and invoice finance industry offers a range of facilities to small- and medium-sized enterprises (SMEs), as well as…

#bank#interest rates#invoice


EBRD: Fostering trade finance access for Ukrainian companies

The EBRD expands cooperation with Privatbank, Ukraine’s largest systemically important bank, by making available a US$25m trade finance limit to support…

#bank#exporters#guarantees

EBRD extends €8m loan to support female entrepreneurship in...

Women-led micro, small and medium-sized enterprises (MSMEs) in Georgia are to benefit from fresh funds, thanks to a loan by the European…

#bank#international#risk

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