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London-based Weavr has announced the launch of Embedded Finance Cloud. The new solution will allow banks and other financial institutions to create and distribute embeddable financial products safely through a new type of orchestration platform.
30/06/2023
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Skyscend Capital, Inc. has announced a definitive agreement with Encore Funding, marking a significant step in their supply chain financing through Skyscend Pay. Skyscend Capital, a wholly owned subsidiary of Skyscend, Inc., specialises in optimising working capital for Skyscend Pay customers' suppliers and vendors.
30/06/2023
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The International Finance Corporation (IFC) is providing US $50m loan to Brac Bank in order to support small and medium-sized enterprises (SMEs) to emerge from the lingering effects of the Covid-19 pandemic.
30/06/2023
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Accord Financial Corp. (Accord) today announced the launch of Accord | EDC Trade Expansion Lending Programme (Accord | EDC TELP), the Company’s latest financing innovation supported by Export Development Canada (EDC). Accord | EDC TELP builds on Accord’s success in tailoring EDC programmes specifically for the Canadian small business sector.
29/06/2023
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Culain Capital has announced the hiring of Anita Hall, Neal Polshuk and Daniel Stacey and has retained the services of David Weinstein to meet increased client demand for comprehensive accounts receivable factoring facilities to small and medium sized businesses nationwide.
29/06/2023
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Combined (bank and non-bank) business lenders’ confidence stayed slightly positive during the first quarter of 2023, at 50.3 points, yet that was a 5.8-point decline from the last quarter of 2022, according to the Asset-Based Lending Index released today by the Secured Finance Network (SFNet).
29/06/2023
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Singapore Trade Data Exchange (SGTraDex) today announced the successful completion of pilot green trade finance transactions in the built environment sector with the seamless and trusted exchange of green data and certification through SGTraDex, and the expansion of its green trade financing capabilities by bringing commercial and green data onto a single platform.
28/06/2023
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The largest U.S. companies found it much harder to extend payments to suppliers in 2022, and have likely hit a ceiling on the practice of supplier payment terms optimisation that has historically helped them bolster their balance sheets, according to new working capital research from The Hackett Group, Inc.
28/06/2023
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Invoiced, Texas-based B2B invoicing network, today announced the launch of their Accounts Payable Automation software, with the addition of A/P automation supporting approval workflows, payments, team collaboration, and more. Invoiced is already further improving thousands of organisations' ability to simplify their accounting processes from start to finish.
28/06/2023
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Cashinvoice, India’s digital platform for supply chain finance, is pleased to announce that Avinash Pandey, who has spent over a decade working with various top banks in senior positions, has joined its leadership team as the Director, Client Coverage.
28/06/2023
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With China and India representing two of the largest, and fast growing markets for Standard Chartered franchise, the bank is announcing today two recent senior appointments in Transaction Banking:
28/06/2023
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Every year over £20bn is paid via online platforms to the army of freelance workers working for a range of businesses across the UK and, all too often paid very late. Helping these workers and companies get this right since 2019, French fintech Aria is today launching in the UK to be the default deferred payment infrastructure provider for the UK platform economy and B2B marketplaces.
28/06/2023
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Crédit Agricole Leasing & Factoring (CAL&F) has announced a new partnership with the Portuguese public bank Caixa Geral de Depósitos (CGD) for the distribution of leasing and factoring products in France.
27/06/2023
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Stewart Good has been appointed Sales Director for SME Lending at Paragon Bank.
27/06/2023
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The United Nations Development Programme (UNDP), the Global Legal Entity Identifier Foundation (GLEIF) and the Monetary Authority of Singapore (MAS) today signed a Statement of Intent to adopt Environmental, Social and Governance (ESG) digital credentials for micro, small and medium-sized enterprises (MSMEs) worldwide.
27/06/2023
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