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FCI announces retirement of Secretary General Neal Harm

FCI announces that Secretary General, Neal Harm (pictured), will retire in September 2026, concluding a three-decade career within the global factoring and receivables finance industry. He will begin working with his successor to ensure a smooth transition. Since joining FCI,...

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Georgia’s Parliament approves draft factoring law in first reading...

The Parliament of Georgia has approved, in its first reading, the draft law on factoring along with a companion legal package,…

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Republic Business Credit provides US$3m factoring facility to textile...

Republic Business Credit (Republic) has extended a US$3m factoring facility to a West Coast-based textile manufacturer to support its continued…

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IFC announces projects to support MSMEs in Egypt and...

IFC has announced five projects to support small- and medium-sized business development and job creation in Egypt and other parts…

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WFY’25: Factoring as a cornerstone of Hong Kong’s trade-driven...

Nikhil Dhar, Head of Structured Trade, Global Trade Solutions at HSBC, shares insights on the Hong Kong factoring market in the regional…

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viva.com strengthens tourism sector with new factoring solution

viva.com, Europe’s leading technology bank for businesses operating in 24 countries, has announced the launch of a first-of-its-kind reservation prepayment…

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WFY’25: Sustained expansion – German factoring industry marks 15...

Jens Hoter, Branch Director, Crédit Agricole Leasing & Factoring S.A. – Niederlassung Deutschland, shares insights into the German factoring market…

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Porter Freight Funding appoints Chris Shelton as Senior Vice...

Porter Freight Funding, a leading freight factoring company serving transportation businesses nationwide, has appointed Chris Shelton as Senior Vice President…

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FRA and e-Finance launch digital system to enhance factoring...

Egypt’s Financial Regulatory Authority (FRA), in partnership with e-Finance, has launched a digital system for factoring activities through the FRA’s…

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Poonawalla Fincorp receives RBI approval to commence factoring business

Poonawalla Fincorp Limited (Poonawalla Fincorp) has received approval from the Reserve Bank of India (RBI) to commence factoring business operations.…

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WFY’25: Digital platforms and regulatory reforms expected to boost...

Tamara Khizanishvili, Head of Trade Finance and Factoring Department at TBC Bank, shares insights on the Georgian factoring market in…

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American Factoring Association announces new board leadership

The American Factoring Association (AFA) has announced the election of Cole Harmonson as its new Board President. Harmonson succeeds Ryan…

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WFY’25: The slowdown in French factoring market growth continued...

Solenne Lepage, Board member of EU Federation, Director General of French Association of Finance Companies (ASF), shares insights on the French factoring…

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