Open account business drives economic activity worldwide, and during times of volatility, uncertainty and of course, the pandemic, the need for solutions when it comes to receivables finance has never been more pronounced.
Teaching businesses to unlock working capital and grow their operations through factoring education programmes (FCI)
The very public implosion of a high-flying boutique finance firm has left ripples in the Supply Chain Finance industry. Should we reverse this outcome?
We heard from Natasha Condon, Global Head of Core Trade at J.P. Morgan, on her take of how the trade finance market has fared in recent months, since joining the bank in 2020.
TFG heard from WOA’s founder, Erik Timmermans, on the latest in receivables and open account trade in 2020, the impact of the COVID pandemic on the RF community, and what we could expect for the remainder of the year.
EIPP in combination with blockchain can help banks avoid duplicate Invoice Financing and perform dedupe effectively.
Farmers are losing money regardless of their size, defaulting on existing facilities, and as such financiers are exiting structured commodity finance due to credit and compliance risks.
Debtor Finance is a simple, viable alternative to consider for relatively quick access to working capital funding.
In a bid to continue to promote and expand access to finance for small and medium sized businesses, TFG is delighted to announce an exciting industry partnership with the SME Finance Forum, an International Finance Corporation (IFC) managed project.
As advocates of DLT in global trade and commerce, TFG are partnering with 101 Blockchains to promote the education of specific technologies that are currently available.
The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event
Michael Bickers, MD, BCR Publishing walked us through the trends in supply chain and receivables finance in 2019, arguably one of the most uncertain in the last decade. In an interview with TFG, Bickers gave his view on what’s in stock for SCF and receivables in the year ahead, commenting on APIs, blockchain and competitive growth in supply chain finance, in preparation for the BCR Supply Chain Finance Summit in Amsterdam this month.
Data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in the first half 2019 factoring and commercial finance volumes in the EU grew by 9.3% from 2018 to €896 Billion.
TFG heard from Alexander Goulandris the co-CEO of essDOCS about the different solutions for paperless trade. He exclusively announced the launch of a new product called CargoDocs Match, which will enable trade finance banks to continue to provide BPO-related solutions to their customers after SWIFT discontinues support for the Trade Services Utility (TSU) in 2020.
Today TFG record live from the ITFA Annual Meeting in Budapest. The conference covered developments within areas of supply chain finance, credit risk insurance and ever more creative risk distribution techniques, as well as the rise of fintech within the trade and open account environment.