South Korean banks and telecoms in blockchain initiative
by Graham Buck
Samsung Electronics, KEB Hana Bank and Woori Bank are among seven consortium members that plan to develop a network
Financing
Background
Other sources of finance include:Financing the ebbs and flows of the company's business and ensuring that finance is available to support any expansion is vital to the survival of any company. To determine what finance is needed requires first, the development of an Operating Budget, covering Forecasting… Read more about Financing
Mastercard expands real-time payments to gig economy workers
by Graham Buck
The growth of temporary and short-term contracts has seen workers seek quicker access to the next pay cheque than via payroll schemes
Blue Motor Finance, Lloyds partner on instant payment API
by Graham Buck
The partnership will focus on a ‘Faster Payments and Direct Debit API’ for motor traders and dealerships
Funding access improves for Singapore businesses
by Graham Buck
Business lending in the city state is buoyant thanks to continued government support and innovations such as P2P crowdfunding
NatWest rolls out digital working capital product in UK
by Graham Buck
Rapid Cash was developed with Australian fintech Waddle Loans and offers a credit limit based on business customers’ unpaid invoices
New Development Bank approves green loans for China projects
by Graham Buck
Formerly known as the BRICS Bank, funding of US$667 million is given the go-ahead for two major transport infrastructure projects
Banks to gain access to Demica trade finance platform
by Graham Buck
The trade and receivables finance specialist’s solutions were previously only available through the company’s internal systems
Commercial real estate stock exchange nears launch
by Graham Buck
The International Property Securities Exchange (IPSX) will be dedicated to commercial real estate owners and managers
HSBC executes innovatory dual platform blockchain transaction
by Graham Buck
Complementary distributed ledger networks brought together for the first time in the Middle East connect Hong Kong and the UAE
London-Shanghai Stock Connect is launched
by Graham Buck
The reciprocal arrangement between the two cities’ stock exchanges was first announced in 2015 and is six months late
Moscow blockchain start-up launches supply chain finance platform
by Graham Buck
Russian fintech start-up Factorin has piloted the platform for six months and plans to move into the European Union
African Development Bank steps up digital financial inclusion drive
by Graham Buck
The Africa Digital Financial Inclusion facility aims to develop digital financial transactions across the continent
HSBC earmarks US$880m for Hong Kong tech start-ups
by Graham Buck
The GBA+ technology fund will offer senior debt financing to top up funding from venture capital and private equity firms
UniCredit to work with FinDynamic on dynamic discounting
by Graham Buck
The bank is taking a minority stake in the Italian fintech start-up and will offer dynamic discounting to iUniCredit clients.
Open banking platform Tink confirms PayPal as investor
by Graham Buck
The platform, originally a consumer finance app launched in Sweden, has expanded in six years and recently raised €56m in new funding.
Co-op’s £300m bond will support Fairtrade producers
by Graham Buck
The UK mutually-owned society has pioneered a sustainability bond in a first for the retail sector.
Asian Development Bank funds Philippines, India rail projects
by Graham Buck
The ADB will provide funding of up to US$2.75bn in its single largest infrastructure project financing to date.
India’s SEBI encourages fintech start-ups
by Graham Buck
The Securities and Exchange Board of India published a raft of proposals to encourage the development of fledgling firms
Philippines returns to the panda bond market
by Graham Buck
The Republic of the Philippines accessed the market for the second time in 15 months with a 2.5 billion yuan offering.
World Bank and CBA enable secondary bond trading on blockchain
by Ben Poole
Bond-i becomes the world’s first bond issued and traded using blockchain
Netherlands to issue green bond of up to €6bn on May 21
by Graham Buck
The country is the first with a triple-A credit rating to issue this type of security.
UK investors ‘say corporate bonds overvalued’
by Graham Buck
Nearly three in four gave the verdict, while many consider government bonds to also be overvalued, reports CFA UK.
Federal Reserve warns on record US corporate debt
by Graham Buck
Leveraged loans grew by 20% in 2018 to reach $1.1 trillion and those going to riskier borrowers exceed previous peaks in 2007 and 2014.
Banks agree $2bn loan for Vietnam coal-fired power plant
by Graham Buck
JBIC leads the consortium that will fund a project that breaches international agreements to phase out fossil fuels.