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Finastra, a global provider of financial software applications and marketplaces, announced it has been selected by LGT to implement instant payment services in Austria and Liechtenstein, with plans to expand to other markets.
At the EBRD TFP Trade Finance Forum, TFG’s Deepesh Patel spoke with Aurel Bernat, Executive Director, Financial Institutions and Investor Relations at Banca Transilvania, Oleksandr Shchur, Member of the Management Board at JSC Ukreximbank Ukraine and Ženja Radanović, Head of Documentary, Business Department at Eurobank Direktna a.d. Beograd, Serbia.
Trade finance plays a vital role in global economic activities, facilitating the movement of goods and services across borders.
The world of trade is changing. Increasingly, the topic of environmental responsibility is taking centre stage, with discourse specifically circling around how the finance industry can implement sustainability measures more effectively.
After record-high gas prices and extreme price volatility in Q4 2021, European policymakers are now warming to the idea of a procurement rethink
Teaching businesses to unlock working capital and grow their operations through factoring education programmes (FCI)
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
The trade finance products offered on the Marco Polo platform are of interest not only to large but also to small and medium-sized companies. Berlin/Bielefeld/Vienna – The S-Servicepartner, Sparkasse Bielefeld… read more →
NEWS: Factoring and Commercial Finance continues to be a low loss given default with 7.9% YoY Growth
The most recent version of the EU Federation (EUF’s) Industry Standard Whitepaper has been recently updated and published with the finalised market data for 2018
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
