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‘Turkish factoring sector accounted for 2.9% of local GDP...

Turkey’s economic and social development since 2000 has been impressive, leading to increased employment and incomes and making Turkey an upper-middle-income country, said Filiz Ünal, Deputy Secretary General, Factoring, The Association of Financial Institutions in the regional article included in the World...

#international#invoice#purchase order

Recognise Bank raises £8.7m in new capital

Challenger bank, Recognise Bank, will benefit from £8.7m in new capital following the... (more…)

#bank#banks#digital


Fintech Axces to start offering factoring in Colombia 

A new financial company will start operating factoring in Colombia... (more…)

#artificial intelligence#digital#electronic invoicing


Congo’s Minister of Finance to speak at factoring conference...

FCI and African Export-Import Bank (Afreximbank) have announced the presence of the Minister of Finance and... (more…)

#bank#conference#factoring law


Mitsubishi HC Capital Canada names new Director of Business...

Judy Perdomo has been hired as Director of Business Development ... (more…)

#cash-flow#management#risk


FCI and Afreximbank organise Regional Promotional Conference in Central...

FCI in collaboration with The African Export-Import Bank (Afreximbank)... (more…)

#bank#conference#factoring law


ONS data shows stark challenges as inflation rises to...

Data from the latest Office of National Statistics (ONS) Business Insight and Conditions Survey (5 May 2022) shows 61% of…

#inflation#ONS#smes


South African factoring volume increases 19% in 2020

South Africa has eight major specialist debtor financiers and approximately 30 privately owned debtor financiers, said Nompumelelo KarumbidzaNational Manager: Sales –…

#invoice#management#Nedbank


Abu Dhabi Commercial Bank joins UAE Trade Connect fintech...

Abu Dhabi Commercial Bank (ADCB) has joined the UAE Trade Connect (UTC) consortium... (more…)

#bank#blockchain#invoice


microLEAP and TheLorry partner for seamless Shariah-compliant invoice financing

microLEAP, the first Malaysian Shariah-compliant P2P (Peer-to-Peer) fintech platform for SMEs, has partnered with TheLorry, a tech-powered logistic platform, to…

#investment#invoice#smes


European Parliament approves new rules boosting intra-EU data sharing

European Parliament has approved the draft texy of Data Governance Act (DGA). The DGA, agreed with Council in November 2021,…

#AI#digital#European Commission


Finastra collaborates with Microsoft to bring embedded financing options...

Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft... (more…)

#Banking as a Service#embedded finance#Finastra

Romanian factoring development in 2020

In 2020, the business environment faced an unprecedented challenge, with lockdown measures imposed against the background of the COVID-19 pandemic…

#exports#insolvencies#insolvency

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