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Agora Catering in Palermo, Sicily, is set to become the first Italian SME to securitise its receivables. It is doing this not in Italy’s financial capital, Milan, but in London. Agora’s managing director, Dr Fabrizzio Piazza, regards this event as significant not just for his company, but also for other SMEs in Italy.
10/08/2022
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The B2B payments markets of America, especially Latin America, are sure to benefit from the acquisition of Yaydoo by Paystand. It is a massively important deal. Paystand is a leader in blockchain-enabled accounts receivable and B2B payments, while Yaydoo is a leader in accounts payable, cash flow management, and liquidity solutions in Mexico and Latin America.
10/08/2022
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The current economic climate is leading to a surge in demand for flexible lending, which is highlighted by the recently announced partnership between Sonovate and Demica.
09/08/2022
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Etihad Credit Insurance has struck a partnership with Hamriyah Free Zone Authority and Sharjah Airport International Free Zone Authority to support Sharjah exporters and re-exporters reach out to overseas markets and secure their receivables at the same time.
09/08/2022
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YES BANK and IBSFINtech, a TreasuryTech Solution provider, have teamed up to explore untapped opportunities emerging out of digitization of corporate finance.
09/08/2022
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Vitor Graca, Secretary General, Portuguese Association of Leasing, Factoring and Renting (ALF) shares his views on the challenges of adoption of European Banking Authority regulations.
09/08/2022
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If we have come to some consensus that the American economy is at best treading water, let’s turn our attention to the impact that a sickly economy might have on the domestic factoring industry for the rest of 2022 and perhaps even into 2023. As I have written about this topic in similar past periods of economic regression, the theme of my comments remains virtually unchanged.
08/08/2022
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Capify UK, the specialist SME lender, has this month launched a £40m fund for UK smaller businesses to help manage operations through difficult trading conditions.
08/08/2022
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Oman’s Sohar International bank has announced the launch of an online Unified Transaction Banking Platform for its Wholesale Banking Clients, which will be providing Cash Management (DigiCash) and Trade Finance (DigiTrade) solutions. The online unified transaction banking services have been conceptualised and implemented as a one-stop solution for corporate and institutional clients, who require an easy and convenient platform for everyday banki
08/08/2022
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Placing further financial strain on businesses will cause widespread damage to the UK economy, warns Time Finance, as the Bank of England announces its sharpest increase in interest rates in 25 years in a bid to combat rising inflation.
04/08/2022
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