Supply chain finance

161 articles tagged with this keyword

/wholesale

Emirates NBD's E20. partners with MoniMove to support supply chain management for SMEs

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, is partnering with award winning fintech platform MoniMove to complement the bank's E20. digital business bank initiative that aims to empower entrepreneurs, startups, SMEs and other businesses in the UAE.

/cloud

Oracle Cloud Services adds supply chain, liquidity, and virtual account management

Corporate clients traditionally rely on banks to optimize working capital despite an unpredictable market.

/payments

L3COS wins $85 million deal to build smart marketplace for AgriDex

AgriDex – the transparent, end-to-end supply chain platform and marketplace for the global food and agriculture industry – has selected L3COS to create its smart marketplace.

/wholesale

Supply chain risk companies Resilience360 and Riskpulse combine and rebrand

Resilience360 and Riskpulse unveiled today a new company name and brand reflecting the integration of the two companies and launched a new platform that combines the unique capabilities of two leading global supply chain risk analytics solutions.

/Supply chain finance

Global Supply Chain Finance Forum updates standard definitions

Global Supply Chain Finance Forum (GSCFF) announces update to its Standard Definitions to include description of corporate payment undertaking (CPU).

/payments

51% of Singaporeans now shopping at local businesses due to Covid-19

One in two Singapore consumers (51 per cent) said they prefer to shop at local businesses to help them recover from the business fallout from COVID-19, according to the UOB ASEAN Consumer Sentiment Study. The study findings come as one in two local businesses have reported revenue declines of more than 50 per cent due to the impact of COVID-19 and are looking at ways to rebuild their business as Singapore continues to reopen its economy.

/Supply chain finance

DBS is first bank to partner JD Logistics on digital platform to finance SMEs

DBS today announced it is the first bank to partner with JD Logistics (JDL)[1], the supply chain and logistics business group of JD.com, to provide supply chain financing to Hong Kong-based small and medium-sized enterprises (SMEs) in the fast growing cross-border e-commerce import business.

/payments

BBVA centralises expense management with new Global Commercial Card programme

BBVA has developed Global Commercial Cards, a solution which allows companies to have greater control of employees’ use of commercial cards simplifying the processes of expense submission and approval.

/Supply chain finance

Intersa Sanpaolo signs supply chain finance MoU with Kyriba

Intesa Sanpaolo has signed a memorandum of understanding with Kyriba, a global fintech leader in supply chain finance solutions, to create and make available an innovative Dynamic Discounting service for global businesses.

/payments

AmEx boosts Early Pay supply chain payment offering

Today, American Express (NYSE:AXP) announced enhancements to Early Pay in the U.S., the company’s supply chain payment solution to give large companies - and their suppliers - the ability to pay and get paid when they want through an easy-to-use digital platform.

/sustainable

ABN Amro joins with Techstars on sustainable supply chain challenge

How can you optimise the environment, social impact, and financial returns in the supply chain?

/Supply chain finance

Refinitiv debuts AI-derived Snapshot reports on business supply chains

Refinitiv has launched a new AI-powered due diligence report to help businesses stay on top of the risks associated with increasingly complex supply chains.

/payments

Global Supply Chain Finance Forum issues payables finance guidance

The Global Supply Chain Finance Forum (GSCFF) – an initiative comprising the International Chamber of Commerce (ICC) Finance for Development Banking Commission, BAFT (Bankers Association for Finance and Trade), the Euro Banking Association (EBA), Factors Chain International (FCI) and the International Trade and Forfaiting Association (ITFA) – has released a new guidance document on payables finance, to aid financial institutions, accounting firms, rating agencies and regulators in gaining clarity and consistency on the various terms and techniques.

/Supply chain finance

Deutsche Bank delivers China supply chain financing for BASF

Deutsche Bank today announced that it has established a supply chain financing solution for BASF China, supporting the company and its suppliers in China with world-class working capital capabilities.

/payments

BBVA digitises the supply chain

BBVA has created a new supply chain finance solution to compete and lead the business in Latin America, the U.S. and Europe.

/Supply chain finance

Mastercard and GrainChain collaborate to record the commodity supply chain

Today, Mastercard announced a collaboration with GrainChain, a technology company that enables supply chain visibility, empowering suppliers and farmers while reducing risks to buyers and banks in the United States, Mexico and Central America.

/payments

Mphasis to put supply chain portfolio on R3 Corda

Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its partnership with R3, a leading global enterprise software firm, to jointly create innovative blockchain-enabled payment solutions and take them to market.

/Supply chain finance

Veon acquires stake in Bangladesh’s B2B commerce platform, ShopUp

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), through VEON Ventures, has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, Bangladesh’s leading full-stack B2B commerce platform for small businesses, becoming ShopUp’s first strategic corporate investor.

/payments

HPD LendScape partners with Emirates Development Bank on national supply chain finance platform

HPD LendScape, a leading international secured lending platform vendor, today announces it has partnered with Emirates Development Bank (EDB) to launch UAE’s National Supply Chain Finance (SCF) platform, giving UAE businesses improved access to working capital, particularly as they cope with the added pressures of the COVID-19 pandemic.

/payments

Emirates NBD launches digital Supply Chain Financing platform

As part of its ongoing digitisation strategy, Emirates NBD, a leading bank in the MENAT (Middle East, North and Turkey) region has launched a digital Supply Chain Financing platform for its corporate and institutional clientele.