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supplier financing

Telefónica accelerates exit from Hispam, closes factoring subsidiaries

Telefónica has confirmed plans to finalise its full withdrawal from Spanish-speaking Latin American markets (Hispam), continuing a strategic restructuring that includes the closure of its regional factoring companies. Following the divestment of operations in four Hispam geographies, the company is...

#factoring#Hispam#supplier financing

Turkish QNB Finansbank launches digital supplier finance product

QNB Finansbank have launched its supplier financing discounted collection product, which will facilitate the search for the financing of the…

#cash management#invoice#management


IFC, McCormick & Company, and Citi establish sustainability-linked SCF...

IFC announced a partnership with McCormick & Company, a global leader in flavour, and Citi,... (more…)

#international#International Trade#management


SBI Sumishin Net Bank & DLT Labs to build...

SBI Sumishin Net Bank, Ltd. (SSNB), Japan’s No. 1 digital bank, and blockchain-centric network... (more…)

#bank#blockchain#digital


Reverse factoring intensifies the B2B late payments debate

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards…

#Atradius#International Trade#payment terms


Australian accounting standards setter raises questions on reverse factoring

Australia's accounting standards setter will raise questions about reverse factoring... (more…)

#accounts payable#international#management


‘Cash-flow lending can help close credit gap for MSMEs...

While MSME’s have been facing problems of credit availability, the committee pointed that... (more…)

#bank#digital#invoice


Alipay’s parent applies blockchain to supply chain finance

On January 4th at the ATEC conference in China, Alipay’s parent Ant Financial announced... (more…)

#bank#blockchain#invoice


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


US blockchain company partners Japanese tech firm to offer...

US blockchain company...has partnered with Japanese tech giant...to build a blockchain platform... (more…)

#bank#blockchain#management


Maersk to expand financing to shippers’ suppliers

Maersk Line plans to expand a new program providing trade financing to customers by also providing credit to customers’ suppliers…

#Maersk#supplier financing


HSBC makes a GT Nexus for digital trade

HSBC’s customers in the US can now access... (more…)

#management#Nexus#supplier financing

Bank partners Tradeshift to unlock working capital for B2B

In order to provide a suite of supply chain finance services to the 1.5 million companies operating on the startup's…

#bank#management#Nexus

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