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Benefit Street Partners acquires US ABL provider

Business Development Corporation of America (BDCA), an affiliate of Benefit Street Partners L.L.C., announced the acquisition of a controlling interest in... (more…)

#acquisition#bank#interest

Fintech impacts finance industry

Fintech is not a product or an app rather... (more…)

#anti-money laundering#bank#platforms


German retail chain chooses Traxpay’s supplier financing platform

Germany’s largest supermarket corporation headquartered in Hamburg, announced the... (more…)

#bank#payment terms#supplier financing


FCI position paper on receivables finance

Peter Mulroy of FCI presents FCI’s position in relation to receivables finance definitions... (more…)

#bank#commercial finance#International Trade


South African bank to invest in working capital SMEs...

South African challenger bank Sasfin has moved to boost its SME business by buying a stake in local digital lending…

#bank#payment terms#smes


Wyelands Bank completes US$12m trade finance deal

UK-based Wyelands Bank has announced completing US$12m trade finance... (more…)

#bank#invoice#supply chain finance


Afreximbank appoints new head of Southern Africa regional office

The African Export-Import Bank (Afreximbank) has appointed... (more…)

#bank#export finance#international


Bank of Ireland sets up €2bn fund to help...

Bank of Ireland has established a €2bn Brexit fund to support small and medium-sized businesses on both sides of the…

#bank#exporters#guarantees


US online invoice financier launches rewards program for SME’s...

Another start-up is focusing on the cross border payments... (more…)

#bank#blockchain#invoice


Danish bank exits Russia, Baltics after AML scandal

...which was involved in one of the biggest money laundering scandals of all time, will no longer do business in...…

#anti-money laundering#bank


UK SME lender gets £150m funding to expand in...

London-based SME lender...has raised £150m in equity and debt capital... (more…)

#Access to Finance#bank#funding


London-based challenger bank to launch factoring for SMEs

London-based ... is getting ready to spread its wings with the launch of its... (more…)

#bank#blockchain#international

SunTrust exec says BB&T merger is all about tech

Marcy Fink, the chief administrative officer at SunTrust Commercial Real Estate... (more…)

#bank#BB&T#CIT

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