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Rio Tinto caves over reverse factoring controversy

Rio Tinto scrapped its controversial reverse factoring program to speed up payments to small suppliers... (more…)

#invoice#management#payment terms

Standard Chartered invests in blockchain platform

Standard Chartered announced its investment into Contour, a blockchain-based open industry... (more…)

#bank#blockchain#guarantees


Demica closes US$30m financing round

Today Demica, one of the world’s largest working capital fintechs, announced... (more…)

#bank#invoice#management


Supply chain finance market – global insights and overview

Parvaiz Hamid Husen Dalal, Managing Director, Global Head Working Capital Strategy... (more…)

#payment terms#risk#supply chain finance


Are auditors responsible for disclosing reverse factoring agreements?

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have... (more…)

#financial services#management#supplier payments


ZSE, Harare Receivables Exchange sign MoU

The Zimbabwe Stock Exchange (ZSE) has signed a memorandum of understanding with the Harare... (more…)

#bank#receivables financing#smes


Factoring company PayRay gets banking license in Lithuania

Following the assessment and proposal of the Bank of Lithuania, the European Central Bank granted... (more…)

#bank#banks#smes


SCF – a growth tool for emerging markets

Corneliu Robu, head of client relations at VTB Factoring, board member for GetFinance... (more…)

#commercial finance#emerging markets#platforms


Indian government to amend factoring regulation

Caught between a slowing economy and sticky rate of job creation, the Union Government has put focus on rejuvenating the…

#guarantees#platforms#receivables financing


US asset based lender acquires BAM Capital Division

...announces it has finalized the acquisition of BAMFi’s US$46m... (more…)

#bank#cash management#management


Wells Fargo Capital Finance UK wins Insider Media’s ABL...

Wells Fargo Capital Finance (UK) Limited, part Wells Fargo & Company, announces that on... (more…)

#asset-based lender#awards#banks

Bibby Financial Services appoints head of business centre for...

Global SME partner, Bibby Financial Services (BFS), has announced the appointment of ... (more…)

#business finance#invoice#management

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