The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank Group (IsDB) is partnering with FCI to host an online conference on Islamic international factoring. To be held on 13 September from 11:00 AM to 01:30 PM KSA Time, the event will explore key topics including the benefits and principals of Islamic factoring. […]
Open Banking Excellence (OBE), the global centre of community and knowledge driving change in Open Finance, announced today the launching of a local chapter in Brazil to support the development and growth of the country’s open financial system. The launch of OBE Brazil takes place on 1st September at 2 pm Brazil Time (6 pm […]
E-commerce in 2020 has seen an impressive surge as worldwide retail online sales saw a 27.6% growth rate with sales reaching over $4tr. This upward trajectory is expected to continue—by 2023 global e-commerce is predicted to be worth a sound $6.5tr, up by 22% from 2022 estimates. The Baltics are no exception in this—Lithuania’s e-commerce […]
kompasbank, the Danish challenger bank for SMEs, has announced their go-live on Mambu’s SaaS banking platform. kompasbank is the first cloud-only bank in Denmark and embraces a fully digital architecture to differentiate its service and products. kompasbank fills a gap in the Danish financial market, where small and medium-sized businesses drive economic growth and boost […]
XDC Network, a highly interoperable, hybrid blockchain platform that supports global trade and finance, is honoured to have been selected as the first blockchain company to join the global Trade Finance Distribution (TFD) Initiative, a consortium of trade originators, credit insurers, and institutional funders on a mission to boost automation and transparency in trade asset […]
Intra-African trade has the potential to deliver prosperity across the African continent, according to a whitepaper launched today by British Arab Commercial Bank (BACB). However, despite the continent’s impressive economic growth achieved in recent decades, trade flows between African nations have remained low and account for just under 17% of total trade volumes. In the […]
Banca Transilvania, the largest bank in Romania, has selected HPD Lendscape, a leading international secured-lending platform vendor, as their technology partner to expand their product offering, streamline lending processes, and further digital and mobile services. Since 2014, factoring volume has nearly doubled in Romania. According to FCI statistics, it is one of the very few […]
FCI’s 53rd Annual Meeting will be the place to be on 22-23 September for Open Account Receivables Finance professionals. This year’s annual meeting will be held virtually through an interactive and immersive virtual platform on 22-23 September. Download the programme Themes and topics This annual meeting will gauge the direction of the industry and discuss […]
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, released today the fifth edition of its Annual Development Effectiveness Report titled ‘Embracing disruption to build back better’, addressing the overwhelming disruptive impact the Covid-19 pandemic has had on the world. The report highlights how the pandemic created opportunities that […]
Timo, Vietnam’s first digital bank, has announced it is partnering with SaaS banking platform Mambu to leverage the benefits of a cloud native core banking platform to significantly scale its business. Timo, one of Vietnam’s most innovative banks, offers a unique, user-friendly ‘banking-on-the-go’ experience to customers, and was named both Fastest Growing Digital Bank and […]
