White Oak acquires UK-based finance provider to expand asset-based lending

05/04/2018
UK

White Oak Global Advisors, LLC on behalf of its institutional clients (White Oak), announced that White Oak has agreed to expand its asset-based lending platform...

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Blockchain may help FI with AML and identify factoring fraud

04/04/2018
Global

Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of blockchain...

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US jewellery distributor is sentenced in multi-million USD factoring fraud scheme

04/04/2018
USA

A Rhode Island jewellery distributor who admitted to orchestrating a long-running fraud scheme that defrauded a debtor finance company...

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Wells Fargo Supply Chain Finance provides US$33m financing for Penguin Computing

04/04/2018
USA

Wells Fargo Supply Chain Finance, a division of Wells Fargo & Company, completed a US$33 million...

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Chinese company agrees to invest in blockchain-based SCF firm

04/04/2018
China

Payson E. Johnston, CEO of the Silicon Valley (USA) blockchain-technology pioneer Crowdz, and Mr.

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First Financial Bancorp. and MainSource Financial Group, Inc. complete merger

03/04/2018
USA

First Financial Bancorp. (First Financial) announced that it has completed its previously-announced merger with MainSource Financial Group, Inc. (MainSource)...

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SMEs lending “remained fairly static” in UK   

03/04/2018
UK

UK small businesses continue to struggle with access to bank funding, according to reports in Financial Times on Friday (March 30).

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Targobank puts factoring and leasing under one roof

03/04/2018
Germany

Targobank AG intends to merge Targobank AG with Targo Commercial Finance AG until...

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UK invoice financier launches enhanced protection on supply chain loans

03/04/2018
UK

...is offering investors an enhanced protection product to cover losses from invested funds...

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Indian companies launch blockchain platform to prevent receivable finance fraud

03/04/2018
India

After years of announcements regarding blockchain proofs of concept and pilots, a first successful enterprise grade deployment that includes multiple financial services organizations has taken place...

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