supply chain financing

SoftBank Extracts $700M From Credit Suisse Trade Finance Funds
SoftBank Extracts $700M From Credit Suisse Trade Finance Funds
July 22, 2020  |  B2B Payments

Japan’s SoftBank has removed around $700 million from investments at Credit Suisse after the Swiss bank began an inquiry over whether the funds were going...

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Invoice Finance Steps Into The Business Recovery Conversation
Invoice Finance Steps Into The Business Recovery Conversation
June 17, 2020  |  B2B Payments

Keeping the trade engines moving is vital to the recovery of the global economy, but even as deals are struck and sales are made, businesses...

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Greensill Faces Swath Of Supply Chain Finance Defaults
Greensill Faces Swath Of Supply Chain Finance Defaults
May 04, 2020  |  B2B Payments

SoftBank-backed supply chain finance firm Greensill Capital has experienced a bevy of customers default in well-known accounting scandals and corporate meltdowns, the Financial Times (FT)...

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Visa, Billhop Team Up To Enable Card Supplier Payments
Visa, Billhop Team Up To Enable Card Supplier Payments
April 07, 2020  |  B2B Payments

To let companies make payments to their suppliers via card, whether or not the supplier takes card payments, Billhop has rolled out a tie-up with...

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Chevron Chided For Aussie Early Supplier Payment Program
Chevron Chided For Aussie Early Supplier Payment Program
March 18, 2020  |  B2B Payments

An early payment scheme by U.S. energy giant Chevron has been derided as opportunistic by Australian suppliers, according to a report by The Australian. Chevron’s...

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UK Mining Firm Ditches SMB Reverse Factoring
UK Mining Firm Ditches SMB Reverse Factoring
January 29, 2020  |  B2B Payments

With mounting pressure from small and medium-sized businesses (SMBs) as well as the media and politicians, U.K.-headquartered mining firm Rio Tinto is ditching its reverse...

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Greensill Capital Nears Rollout Of On-Demand Wage Access App
Greensill Capital Nears Rollout Of On-Demand Wage Access App
January 06, 2020  |  B2B Payments

Supply chain financing company Greensill Capital is gearing up to launch its first consumer-facing product, a mobile app connecting employees to access to earned wages...

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How Singles Day Gave Rise To China’s Digital Commerce Culture
How Singles Day Gave Rise To China’s Digital Commerce Culture
December 18, 2019  |  eCommerce

Singles Day started quite humbly. Before it was an international shopping festival raking in just under $50 billion in sales in a single day, it...

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Big Four Seek Guidance On Trade Finance
Big Four Seek Guidance On Trade Finance
October 25, 2019  |  B2B Payments

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place,...

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