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Westpac

Westpac launches digital invoice finance solution

New data from Westpac has revealed that one-third (38 per cent) of businesses identify cash flow issues as one of their biggest operational challenges with 45 per cent reporting lost time chasing late payments[1]. Westpac today announced the launch of...

#Cash flow#digital#invoice finance

Westpac selects Dancerace to transform invoice financing

Westpac, a leading Australian bank, has opted for Dancerace, an advanced invoice finance and ABL operating system, to elevate its…

#Dancerace#Westpac


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


Specialist financier appoints ex-Westpac Director to lead Australian growth

Specialist financier...has announced...former Westpac Director, as National Business Development Manager, Institutional Clients. (more…)

#bank#Falcon Group#financial services


Commonwealth Bank loans AU$55m to group linked to Comancheros

Commonwealth Bank Australia (CBA) loaned AU$55 million to the Viking Group without realising... (more…)

#bank#CBA#risk


Invoice finance fintech adds to its team

FundX, a marketplace invoice financing platform, has added a new veteran hire to its ranks, securing the services of Phil…

#Business Development Manager#financial services#fintechs


Lloyds sells corporate, vehicle and equipment finance assets to...

Westpac beats Pepper, Macquarie, in USD1.45 billion takeover. (more…)

#acquisition#bank#international


Factoring brings first profit to Australian debt consultant

FSA Group, Australian debt solutions provider, plans to grow its factoring portfolio, after seeing first results of the introduction of…

#bank#invoice#Two


ANZ Bank withdraws from factoring

ANZ Bank Ltd is to leave Australia's invoice discounting market, as small businesses have had their cash flows squeezed by…

#ANZ#bank#invoice


Interest rate decision reflects ‘wait and see’ approach from...

Signs of a slowing housing market and a looming federal election have kept Australian interest rates on hold for more…

#ANZ#bank#Clear

Brightpoint Australia signs up to USD 29m asset-based credit...

Brightpoint, Inc. (NASDAQ:CELL) announced today that its Australian subsidiaries, Brightpoint Australia Pty Limited and Advanced Portable Technologies Pty Limited, entered…

#channel#commercial finance#management

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