Supply Chain Financing: The Good, The Bad & The Ugly Interesting article by Baldev Bhinder @ Blackstone & Gold Last week, the financial world has been captivated by the crisis engulfing Greensill. It is reported that the London based supply chain fintech could be facing insolvency after Credit Suisse froze $10 billion worth of investment […]
2021: Banks With The Right Technology Beat The Fraudsters. BANKS RUNNING FRAUD-PREVENTION SOFTWARE THAT INCORPORATES COLLECTIVE ARTIFICIAL INTELLIGENCE CAN CUT FRAUD MONITORING COSTS BY 77 PERCENT, HELPING THEM MEET NEW REGULATIONS EFFICIENTLY AND EFFECTIVELY, AND STOP FRAUDSTERS IN THEIR TRACKS JOËL WINTEREGG Fraud is as old as money itself and banks have generally taken the […]
Stability Into The Supply Chain During Disruption (Original article by P J Bain, in Prime Revenue) Supply chain finance has gained considerable momentum over the last several years, especially given the recent economic landscape. Buyers and suppliers around the world rely on supply chain finance as a tool to improve working capital and navigate widespread volatility. […]
Singapore is the second country to adopt MLETR into legislation. Singapore has taken a major step forward for trade digitalisation by becoming just the second country to adopt the UNCITRAL Model Law on Electronic Transferable Records (MLETR) into legislation. Roopesh Patel in Trade Finance Global. Amendments were proposed to the country’s existing Electronic Transactions Act (ETA) […]
By the year 2030, it’s expected that ESG factors will be incorporated into 95 per cent of all assets. With the world’s biggest asset managers already on board and millions of dollars in green funding ready to be deployed, there’s pressure for businesses to buckle down on ESG in the coming years.
Growing demand for liquidity and timely payment across the supply chain is driving record interest in alternative financing solutions. Companies are looking for ways to monetize their liquid assets and unlock cash trapped in the financial supply chain. One option is accounts receivable finance, which allows companies to sell their invoices to financial institutions for faster payment.
London Stock Exchange Group (LSEG) completed its USD27 billion acquisition of Refinitiv, the financial market data and infrastructure provider built out of the Financial and Risk division of Thomson Reuters in 2018.
The European Banking Authority (EBA) will begin requiring companies that provide loans in the region to follow a single definition for default this year, after it saw high variances in the ways they contend with basic banking issues, Bloomberg noted.