The European Bank for Reconstruction and Development (EBRD) is promoting the development of international factoring by supporting cross-border transactions between TBC Bank and Armswissbank in support of ongoing trade between their clients. Both banks are members of FCI, the global representative body for the factoring industry. These transactions support exports of food commodities from Georgia […]
Two years after the onset of the pandemic, the global economy continues to recover, but still faces significant challenges. After the lull in the 3rd quarter of 2021, Omicron has highlighted the unpredictability of the pandemic and exacerbated one of the main factors affecting the recovery: disruptions in supply chains. The other major risk is […]
Transformational small business credit assessment platform and data provider, Uplinq Financial Technologies (Uplinq), has announced a new partnership with African technology and business solutions company, Nosmay, as part of its plans to help credit-lenders better serve the continent’s significant unbanked population. According to a recent report published by the World Bank, there are around 1.7 […]
Ebury, the global fintech specialising in international payments, is preparing to accelerate growth in Latin America following the opening of its Brazilian office. After a successful entrance into the market, Ebury now plans to further develop its global transaction banking platform for the Latin America market and expand its range of services to better serve […]
In a move that reaffirms the company’s global reach, virtual IBAN and corporate account provider, Monneo, is delighted to announce the launch of its service in Brazil as part of its plans to serve customers who require payment solutions in Latin America. Through its launch in Brazil, Monneo’s clients can now send and receive money […]
The global banking sector is back on course. Ratings trends have stabilised in 2021 and S&P Global Ratings thinks this will continue in 2022. Net rating outlooks have improved significantly, from negative 31% in October 2020, to positive 2% in November 2021. About 74% of banks are on stable outlook, with 12% on negative outlook, […]
Alif Bank has accomplished the first stage of its partnership with Visa with the issuing of debit and premium Visa cards for Tajikistani residents. Tajikistani fintech will be using the Visa payment network to roll out its suite of financial products and services over the coming years. In July 2020, Alif Bank announced a new […]
Sentinels, Europe’s leading transaction monitoring platform, today announced a partnership with leading global provider of card issuing solutions for businesses, B4B Payments. The Sentinels platform will facilitate B4B Payments in meeting anti-money laundering (AML) compliance requirements by improving the accuracy of fraudulent transaction detection across its portfolio of products. A leader in innovative fintech solutions, […]
Canadian fintech ensures Unimoni establishes itself as a leading provider of money transfer, foreign currency exchange, payment, and credit solutions. Unimoni provides a wide variety of financial solutions and services via multiple customer touchpoints, including retail stores, online and mobile solutions, and self-service kiosks, making money a seamless movement across geographies, currencies, and channels. In 2021, […]
Weeks after introducing a $100m SME Bounce Back Fund to boost the small business sector, ScotPac from early 2022 will offer three new products that take property security. ScotPac CEO Jon Sutton said this initiative serves a large, underserviced part of the market: business owners who struggle to get appropriate finance. “It also bolsters ScotPac’s […]
