- Geopolitical volatility is reshaping global trade patterns, driving increased demand for receivables finance solutions.
- Data is becoming a critical asset for the factoring industry, highlighted by FCI’s new collaboration with the ICC Trade Registry.
- Emerging markets are gaining momentum, supported by initiatives to map and strengthen the global receivables finance infrastructure.
Speaking at FCI’s 58th Annual Meeting in Lisbon, Portugal, Betül Kurtuluş, Deputy Secretary General of FCI, shared some trends she’s observed from the conference and the first half of this year.
- Trade patterns are changing in the face of geopolitical volatility, meaning
- Receivables finance is increasing, and
- Emerging markets are gaining momentum.
In this new era, “data is everything,” said Kurtuluş. A new agreement between FCI and the ICC Trade Registry to provide the industry with high-quality data from their deep reserves, and lots of it.
Similarly, a major project is underway to map the global receivables finance infrastructure. This initiative is led by the IFC and supported by several other multilateral development banks and was announced at the Annual Meeting.
Watch the full video to find out about the kind of third-party agreements needed to make the most of a new era in factoring.
