We interviewed Geoff Brady, Head of Global Trade & Supply Chain Finance (GTS) at Bank of America Merrill Lynch. We talked about the physical and financial aspects of the supply chain management, about the importance of Blockchain Consortia in the trade finance space and the BAML’s agenda for the rest of the year.
Turning SME credit scoring on its head – the Banking Circle approach to financial inclusion (S1 E25)
TFG spoke to Mishal Ruparel, General Manager at Banking Circle, about the new applications of technology in banking to help better serve the underbanked SMEs. Using AI-driven credit scoring and new approaches to analyse credit card transaction data, Banking Circle’s proposition is game-changing the world of SME finance.
Flexport’s unique visibility into client shipments down to the SKU level through its digital platform provides them with a unique perspective on risk relative to banks offering financing. This insight… read more →
Reports find that there are extensive ties between british billionaire Sanjeev Gupta’s acquired bank, Wyelands and his family’s wider business empire, the GFG Alliance. This strong link is raising questions over how the bank is appropriating savers’ deposits.
Since its inception in 2015, OakNorth has gone from strength to strength. Indeed, last year the British challenger bank reported a 220% increase in profits from the previous year. So what is the story behind OakNorth and why is it growing so quickly?
Understanding the myriad of banking accounts, banking products, and fee structures may seem daunting at the outset, but always worth researching in order to achieve your business needs, financial goals and longer term aims, as well as support the working capital needs of your business.
To oil or not to oil? How is the UAE diversifying its economy to attract investment? As oversupply concerns curtail the global oil price’s trudge back upwards following its flirtation… read more →
A business loan is a financing solution that most companies acquire for further growth. It’s all about borrowing money from the bank to fund business-related expenses like expansion and purchasing… read more →
2018 has been far from a year of economic stability and normality. At this festive time of year, many business owners take the chance to mull over 2019, plan strategies,… read more →
Cash is king, particularly for small businesses. However, maintaining a healthy cashflow is often tricky, and complications around late payments, irregular orders and unplanned costs to the businesses can often… read more →
Europe’s alternative finance market has exploded over the last 5 years, now worth an estimated €7.7bn according to the Cambridge Centre for Alternative Finance. The UK alone has grown by… read more →
Singapore is home to more than 218,000 Small-Medium Enterprises (“SMEs”), defined domestically as firms with annual sales of less than S$100 million or less than 200 employees. These firms employ… read more →
There are more than 200,000 SMEs in Singapore making up 99% of enterprises, employing two-thirds of the workforce, and accounting for about half of Singapore’s GDP. We spoke to Mr… read more →
Success within the modern online business community involves much more than instinct and determination alone. Indeed, the power of liquidity cannot be overstated and it is an unfortunate fact that… read more →
Businesses sell on credit to boost their sales, but doing this can hurt their cash flow. The firm can either wait for their customers to pay, or they can sell… read more →
