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?
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 →
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 →
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 →
We speak to business owners every day who are growing their businesses, exporting to new markets, or looking to refinance and restructure their business to ready them for the next… read more →
Usance (or deferred) Letters of Credit are a specific type of LC payable at a predetermined time period. When Letters of Credit were first developed, there were a number of specific Letters… read more →
Money is an important resource for any business. It allows you to purchase supplies, pay your employees and implement marketing strategies. In short, money is vital to your business operations.… read more →
Investment in Africa has typically been dominated by the US, EU & BRIC (Brazil, Russia, India & China) nations. Moreover, according to the World Investment Report 2018, Foreign Direct Investment… read more →
