WOA took the initiative to survey members, partners and industry leaders in June 2020 about how the virus has affected performance of factoring and commercial finance firms globally.
SMEs need to re-think their innovation strategy including digitalisation as the pandemic has accelerated the shift to digital technology in trade.
The FCI Annual Review is a globally recognised publication in the world of Factoring and Receivables Finance.
SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.
Recently, Indian banks have had a number of high-profile fraud cases. In the first half of this year alone, there have been 40 cases of bank fraud reported to CBI. Because… read more →
Debtor Finance is a simple, viable alternative to consider for relatively quick access to working capital funding.
How are the rights and obligations of the parties to a credit affected on account of missed deadlines caused by these force majeure events?
TFG and BAFT’s recent Tradecast. The Distributed Ledger Payment Commitment (DLPC) is a potential solution allowing for digital representations of payment commitments on a distributed ledger.
Tradecast announced, June, 2nd 2020: Trade Finance Transactions Go Live – BAFT’s Digital Ledger Payment Commitment (DLPC)
With the Covid-19 pandemic, our paper-based trade finance settlement system suddenly stopped working. It is about time businesses adopt paperless and digital workflow to safeguard trade finance operations.
