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Factoring finance to SME sector increases by 23% in...

The local Russian factoring association, Association of Factoring Companies (AFK), has published the results on the factoring development in the small and medium-sized business segment for the 1st half of 2020. The survey was answered by 15 factors which interacted...

#credit risk#Paid#risk

Invoice fraud – still a big challenge

We may have just entered the third decade of a new millennium, but 2020 is.. (more…)

#ABN AMRO#blockchain#international


Sberbank to launch blockchain platform made on Hyperledger Fabric

Russia-based Sberbank has made plans to launch a blockchain platform... (more…)

#bank#blockchain#digital


Finacity arranges a €200m receivables securitisation facility for a...

Finacity Corporation (Finacity), a member of the Greensill family of companies, announces the... (more…)

#Greensill#receivables#receivables securitisation


CIH Bank goes live on Finastra platform to automate...

Morocco-based CIH Bank has gone live on Finastra’s Fusion Corporate Channels and Fusion Trade Innovation systems. According to Finastra the…

#bank#platforms#supply chain finance


EIB and Afreximbank direct €300m to support African businesses against COVID-19

The European Investment Bank (EIB), the lending arm of the European Union, and the... (more…)

#bank#payment defaults#trade


Afreximbank wins two EMEA best structured finance awards

The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for... (more…)

#awards#bank#guarantee


Mastercard & BRD – Groupe Société Générale take the...

Mastercard Romania and BRD - Groupe Société Générale announce the local implementation of... (more…)

#bank#First Bank#security


US bank stops factoring outsourcing, favouring in-house services

...announced that it has purchased certain assets and hired three employees of... (more…)

#bank#cash-flow#commercial lending


Accord announces second quarter earnings and quarterly dividend

Accord Financial Corp. today released its financial results for the three and six months ended June 30, 2020... (more…)

#Accord Financial Corp#international#management


Central Bank of Turkey makes changes to Capital Movements...

https://www.esin.av.tr/2020/07/28/change-to-capital-movements-circular/On July 20, 2020, the Central Bank of Republic of Turkey amended the... (more…)

#bank#banks#receivables


Trade finance and supply chains during pandemic in Asia

Natalie Blyth, global head of trade and receivables finance at HSBC... (more…)

#bank#digital#digitisation

Invoice financier selected for COVID-19 lending scheme in Australia

Another non-bank has been confirmed as a selected lender under the government’s Coronavirus SME Guarantee Scheme... (more…)

#bank#invoice#smes

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