Payables Finance

Factoring, invoice financing, and open account methods are vital for the global economy, aiding businesses in managing cash flow & liquidity.

Over the past several months, corporates have increasingly been asking for details on a bank’s distribution capabilities when deciding which financial firm to work with. 

A court ruling on 22 February heard that the Marco Polo Network has debts of more than €5.2 million (£4.6 million).

An important milestone has been achieved in the global fight against fraud and duplicate financing with the live launch of the Trade Financing Validation Service provided by MonetaGo over the… read more →

Our editor Deepesh Patel had the pleasure of moderating a panel on Greensill at FCI’s 53rd  Virtual Annual Meeting 2021.

The world’s most important number is changing, and traders need to be aware of its implications.

Our editor, Deepesh Patel sat down with Geoff Brady and Madhav Goparaju from Bank of America and Chris Doroszczyk from IBM to discuss the impact of COVID-19, access to finance and technology.

The 2021 ICC Trade Register summary, on the credit risk profiles of trade finance, supply chain finance and export finance transactions. Read our summary on 38m transactions representing USD $19.2t exposures, and 28% of global trade flows.

Never have fragmented reactions, as seen to recent global crises, be that Covid-19, climate change or geopolitical power shifts, illustrated better the acute need to have sustainable strategies in place.

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.

The supply chain finance industry has been faced with a choice: increase disclosure or continue to face criticism.

TFG’s editor, Deepesh Patel had the pleasure of speaking with Stacey Facter from BAFT, Christian Hausherr from Deutsche Bank AG and the Global Supply Chain Finance Forum and John Monaghan from Citi Treasury and Trade Solutions at BAFT’s Virtual Global Annual Meeting.

The Factoring – Credit Insurance Working Group held its sixth annual meeting on 31 March 2021, to discuss the state of the industry.

The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.

Factoring, as an important method to extend credit, is a type of financial transaction where the creditor assigns its receivables to an assignee at a discount. In recent years, there has been a large growth of factoring transactions around the world.