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The Economic Secretary to the Treasury, Bim Afolami MP, has announced a new industry-led taskforce, to be chaired by the Centre for Finance, Innovation and Technology (CFIT), that will endeavour to unlock the full potential of Open Finance.The taskforce will...
#open banking#SME lending
Turkey’s fintech platform Faturalab and eBebek, a trailblazer in the mother and baby products industry, have partnered as part of…
#supply chain finance
ITFA has opened for its members access to an industry framework for open account distribution. The Master Account Receivables Assignment Agreement (MARA)…
#assignment#credit risk#receivables
Commenting on the Spring Budget and how the extension to the recovery loan scheme is a boost to businesses but…
#Douglas Grant#Ed Rimmer
The Polish factoring industry concluded 2023 with a marginal 2.3 per cent decrease in turnover. However, this decline is an…
#Polish Factors Association
As reported today, the UK fell into recession in the second half of 2023, after the economy shrank by more…
#Lenvi#Office for National Statistics#ONS
Veefin Solutions, a prominent technology vendor specialising in Supply Chain Finance in India, has recently expanded its clientele by onboarding…
#Raja Debnath#supplier finance#supply chain finance
Commenting on the surprise rise in UK CPI to 4 per cent, Richard Carter, CEO of Lenvi, says: “The inflation…
#Douglas Grant#inflation#Lenvi
The Hungarian factoring industry developed dynamically in 2022, and the total turnover exceeded HUF 4.818bn, which represents a 22 per…
#Ferenc Csaki#OTP Bank
The energy crisis, which was exacerbated after Russia’s invasion of Ukraine in early 2022, has resulted in a sharp rise…
#World Factoring Yearbook
01Fintech, a growth stage private equity firm founded by former Ant-Group executive and specialising in financial technology in Southeast Asia,…
#supplier finance#supply chain finance#Validus
In 2022, quite unexpectedly, the factoring industry in Serbia recorded an impressive growth in turnover of nearly 55 per cent…
#bank#exports#international
Huntington Business Credit, part of Huntington National Bank, expands the ABL team with the addition of a group focused on…
#bank#management#Vice president