FCI, the global representative body for the factoring and receivables finance industry, has achieved a significant milestone by securing three major agreements during its annual meeting in Marrakesh.
Vinay Mendonca, Chief Growth Officer, Global Trade and Receivables Finance at HSBC, sat down with Deepesh Patel at Sibos Toronto to discuss these shifts and how they are influencing trade finance.
How could a common platform fluidify and modernise credit insurance operations and provide greater value to the industry?
Join TFG’s Deepesh Patel and Ravesh Lala, IBM’s Head of Business Development for Hybrid Cloud Solutions, at Sibos in Toronto as they clarify the complexity of generative AI and its diverse applications in the trade industry. Ravesh starts with one of the foremost challenges confronting banks in trade and supply chain finance—digitalisation. He underscores the critical importance of transitioning from conventional paper-based procedures to a fully digital supply chain to enhance operational efficiency.
The livestream is an integral part of FCI’s 55th Annual Meeting in Marrakech.The annual meeting is a focal point in the industry calendar, covering a spectrum of topics from the launch of the UNIDROIT Factoring Model Law to the rise of receivables exchanges and marketplaces.
Trade Ledger, in collaboration with Microsoft, announced the launch of Aida—a working capital analysis, product matching, and product application tool. Utilising generative artificial intelligence, Aida aims to change how small… read more →
High-interest rates and elevated inflation are pressing suppliers to reduce their cash-conversion cycles
The financial landscape has undergone a seismic shift in recent years. From zero or negative interest rates to the COVID-19 pandemic and geopolitical tensions, the world has seen it all. Amidst this backdrop, the role of private credit has evolved significantly.
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.
Over the past several months, corporates have increasingly been asking for details on a bank’s distribution capabilities when deciding which financial firm to work with.
