FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has released their annual World Factoring Statistics report.
During the European Bank for Reconstruction and Development’s (EBRD) 32nd Annual Meeting and Business Forum in Samarkand, Uzbekistan, TFG spoke with several industry leaders to learn more about the particulars of a first-of-its-kind transaction.
Barclays and TransferMate have announced a new partnership, bringing an international receivables solution to the market, with the aim to reduce transaction costs and save time for UK businesses. Barclays… read more →
To break down the intricacies of factoring and to provide an overview of the UAE law, Trade Finance Global (TFG) spoke to Marek Dubovec, director at the International Law Institute and professor at the University of Arizona.
Factoring is a relatively new product for the Georgian market, developing in 2007. The factoring market in Georgia began with the technical advisory support of European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TPF) to facilitate and pilot the implementation of factoring with a Georgian bank.
The dematerialisation of invoices and other supply chain documents is set for rapid growth. Most importantly the B2B market can be expected to build on the success of larger enterprises in automating their accounts payable and receivable processes to spread e-invoicing practices to small and medium-sized businesses (SME).
Your Monday morning coffee briefing from TFG, 6th March 2023
Over the next 12-24 months corporates in Asia Pacific are looking to move more of their supply chains closer to home. According to HSBC’s latest report ‘Global Supply Chains –… read more →
With an estimated 3.5 billion fans around the world, it’s no wonder the finance behind football piques interest, even in the world of trade and receivables finance.
A court ruling on 22 February heard that the Marco Polo Network has debts of more than €5.2 million (£4.6 million).
