Fintech

Digitalisation in lending – Realising potential in ABF

28 Jun 2021

COVID-19 has catalysed the transition towards digitalization across many sectors, driving the digital agenda to increase efficiency, improve data quality and deliver improved customer experiences. At the same time, the pandemic has spurred an increase in borrowing from SMEs. UK firms borrowed more than £100bn last year throughout the pandemic and w...

Banking Strategy, Digital and Transformation

How to prevent factoring and invoice finance fraud during the current COVID-19 crisis

13 Oct 2020

In the current period of economic uncertainty, increasing pressure on businesses is making fraudulent activity an ever-present risk for lenders – a trend not only troubling for the affected company or companies, but also for the wider economy. In particular, corporate fraud has the potential to dissuade banks from lending - a dangerous outcome dur...

Fintech

Innovation in supply chain finance is vital during COVID-19

28 Apr 2020

The impact of COVID-19 on our inter-connected economies and businesses has been significant, putting supply chains around the world under unprecedented pressure and severely disrupting global trade. Urgent support is being introduced around the world, and with banks and other lenders looking for ways to help, the importance of their trade finance o...

Technology can help close the trillion dollar trade-finance gap - and help banks in the process

11 Nov 2019

Trade finance has delivered value over centuries by making sure exporters are paid and importers actually receive the goods they need. It facilitates 80 per cent of merchandise trade flows annually. But there is a supply and demand trade-finance gap, with varying estimates of its size put forward by a range of financial institutions. The most rece...