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TFD Initiative has established the largest business community of trade originators, credit insurers, institutional funders and their service providers committed to increase the level of automation and transparency in trade asset and risk distribution on the basis of technology-based market practices.
02/02/2021
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eCapital named James Poston chief sales officer. Poston has more than 14 years of experience in receivables financing and asset-based lending. He will oversee eCapital’s sales strategy, drive business development and create a unified revenue generation process across the organisation throughout the United States and Canada.
02/02/2021
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Taiju Hashimoto, Vice President Japanese Corporate Regional Sales Transaction Banking Office for Asia, discusses the current challenges of Asian supply chain finance (SCF) players and why blockchain can facilitate the expansion of SCF in Asia.
01/02/2021
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Jesse Chenard, CEO at fintech MonetaGo, looks at why the risk of trade fraud is higher than ever and analyses how the landscape is changing. Jesse outlines the reasons why trade fraud thrives in even the most prosperous of industries and discusses how technology could provide the solution.
01/02/2021
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On January 26, 2021, the Central Bank of Myanmar (CBM) published Notification 1/2021 in relation to non-banking financial institutions (NBFIs).
01/02/2021
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White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC, announced its Government contracting finance arm provided a US$3m asset-based lending (ABL) facility to a certified womens business enterprise (WBE) that distributes and installs specialty building products in the Northeast US
01/02/2021
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On January 28 2021, the European Commission amended its COVID-19 Temporary State aid Framework (temporary framework) for the fifth time. The Commission adopted the temporaryssframework at the beginning of the COVID-19 crisis (March 19 2020) to support the economy and help member states set up various aid measures.
01/02/2021
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Mark Mandula, Editorial Board Member of TRF News and Chief Marketing Officer, United Capital Funding Group discusses in the article below the developments of GDP in the Unites States and the impact on the factoring industry.
29/01/2021
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Amsterdam-based fintech Factris has recently closed a funding round with the private debt fund Dexteritas for €5m. This funding will enable Factris to support more factoring companies, acquire loan portfolios, and free up trapped investment capital, propelling them forward to become one of the biggest working-capital providers to SMEs in the EU. This debt funding supplements the recent €50m senior debt facility provided by NNIP.
29/01/2021
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HSBC has promoted a Hong Kong corporate banker previously covering the tech sector to become its head of the commercial banking unit in Singapore.
29/01/2021
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