With factoring and receivables finance volumes continuing to show modest growth around the world, TFG caught up with FCI’s Secretary General, Peter Mulroy, in an association update for the latest issue of Trade Finance Talks.

TFG heard from WOA’s founder, Erik Timmermans, on the latest in receivables and open account trade in 2020, the impact of the COVID pandemic on the RF community, and what we could expect for the remainder of the year.

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.

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 →

Following several calls by business leaders and groups to provide state support for UK businesses, the UK Government have agreed to support intracompany trade by providing a reinsurance agreement open… read more →

Singapore, June 2, 2020 – The COVID-19 pandemic has challenged food supply chains globally and especially in developing markets in Asia, the Middle East and Africa where lockdown measures have… read more →

Unpacking previous events, TFG heard from FCI’s Secretary General Peter Mulroy, comparing how the factoring and receivables industry has fared during previous crises and what we can learn moving forwards.

The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event