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banks

Chilean factoring industry recognizes increases in payment default levels

The Association of Factoring Companies of Chile indicates that they experienced late payments where payment terms... (more…)

#banks#invoice#payment delays

Wells Fargo Capital Finance UK wins Insider Media’s ABL...

Wells Fargo Capital Finance (UK) Limited, part Wells Fargo & Company, announces that on... (more…)

#asset-based lender#awards#banks


KYC compliance costs banks €50m a year

New research from Mitek and Consult Hyperion has revealed that KYC compliance is costing banks €50m a year. The report…

#anti-money laundering#banks#management


Steepest fall in lending to UK businesses for almost...

Lending to UK businesses saw the biggest decline in almost two years in... (more…)

#bank#Bank of England#banks


SWIFT to open its KYC Registry to corporates by...

SWIFT has entered discussions with regional know your customer utilities about connecting... (more…)

#banks#compliance#financial institutions


US firm reported to target Coface acquisition

...has approached Coface SA, the credit insurance company partly owned by... (more…)

#bank#banks#bonds


ICC Banking Commission releases eRules on the use of...

The International Chamber of Commerce Banking Commission has issued new electronic rules to advance ... (more…)

#banks#digital#ICC Banking Commission


OCBC and Bank of Shanghai enter collaboration pact for...

OCBC Bank and Bank of Shanghai deepened their strategic partnership and laid down the groundwork for future progress with the…

#bank#banks#digital


Corporate loan recovery rates much higher than assumed, confirms...

For the second year running, Global Credit Data releases extensive analytics on loss given default (LGD)... (more…)

#bank#banks#cash-flow


MarketInvoice joins Future Fifty list of UK tech leaders

Business finance platform MarketInvoice has made the Future Fifty, a list of... (more…)

#bank#banks#business finance


FCA confirms proposals in the event of a no-deal...

The Financial Conduct Authority (FCA) has published near-final rules and guidance that will apply in... (more…)

#banks#FCA#international

Nordea provides €50m factoring facility for Elanders

Elanders announced that together with Nordea, one of the Group’s main banks, will ... (more…)

#banks#cash-flow#Nordea

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