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invoice finance fraud

Credit Suisse under fire from regulator

The collapse of the supply chain finance company, Greensill Capital, in March 2021 continues to throw new light on the companies with which it was associated. Chief of these is Credit Suisse, which purchased packages of supposedly high quality, low...

#Greensill#invoice finance fraud#supply chain finance

Westpac may lose AU$200m from invoice finance fraud

Westpac is suing a financial firm, Forum Finance, run by a Sydney football... (more…)

#invoice finance fraud#Westpac


Receivables finance fraud is on rise

The receivables finance industry faces a heightened risk and development of fraud... (more…)

#factoring fraud#invoice finance fraud


UK logistics director banned for £1m invoice finance fraud

A director from Birmingham is banned from running companies for nine years after... (more…)

#invoice finance fraud


Swiss invoice finance fraud in investigation

Swiss invoice finance platform Advanon has to deal with a large fraud case... (more…)

#invoice finance fraud


Aaron Hughes comments on Urica and Advanon frauds

"The advent of fintech has bought a fresh dynamic to lending allowing borrowers to access cash quickly... (more…)

#invoice finance fraud


Swiss fintech reports CHF 2.4m receivables finance fraud

The Zurich-based fintech startup Advanon has been hit by CHF 2.4m (US$2.41m) fraud scheme. In a statement, the startup said that a Swiss…

#invoice finance fraud


Urica failure impacts P2PGI’s net asset value

P2P Global Investments (P2PGI) wrote off an equity investment worth around £5.5m in Urica last week after the firm put…

#invoice finance fraud


Invoice finance platform in liquidation following fraud

Urica, a competitor of Finexkap and Edebex on the online factoring market, has requested the opening of bankruptcy... (more…)

#invoice finance fraud


Blockchain can’t conquer security alone in invoice finance fraud

India today is a leader in blockchain innovation and experimentation. With a strong community of innovators at home, foreign fintechs’…

#invoice finance fraud


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