Industry roundup: 15 June 2020
by Ben Poole
News in brief, including Mastercard and EedenBull partnering on spend management, and much more.
News
Singapore continues to ramp up corporate FX capabilities
by Ben Poole
Deutsche Bank becomes the latest bank to launch an FX trading hub in the country.
Industry roundup: 12 June 2020
by Ben Poole
News in brief, featuring Goldman Sachs, U.S. Bank, and much more.
Extent of UK COVID-19 business support revealed
by Ben Poole
Through schemes such as CCFF and CBILS, lenders have pumped billions of pounds into UK businesses.
Industry roundup: 11 June 2020
by Ben Poole
News in brief, including a new KYC and AML integration, a restructuring at Deutsche Bank, and more.
Trade consortia continue momentum
by Ben Poole
Marco Polo sees first Turkish-German trade finance transaction, as Contour hires former HSBC blockchain exec.
Industry roundup: 10 June 2020
by Ben Poole
News in brief, including BNP Paribas' new integration with Coupa Pay, and more.
CFOs optimistic on safety as lockdowns lift
by Ben Poole
As work sites slowly start to reopen, a PwC survey finds CFOs optimistic they can keep customers and employees safe.
Industry roundup: 9 June 2020
by Ben Poole
News in brief, covering an EU-wide transparency exercise, firms reinstated to the UK Prompt Payment Code, and more.
Hardest hit sectors revealed, as German stimulus package announced
by Ben Poole
Real estate, hospitality and ICT are the sectors hardest hit by late payment in the UK.
Industry roundup: 8 June 2020
by Ben Poole
News in brief, including new tools for cash forecasting and B2B supplier payments, and more.
Trade credit crunch approaching for UK businesses
by Ben Poole
40% of companies in the UK are currently facing over £10,000 in unpaid B2B invoices.
Industry roundup: 5 June 2020
by Ben Poole
News in brief from BNY Mellon, Greenwich Associates, Westpac and more.
Corporates and banks ahead of governments in fighting climate change - Carney
by Ben Poole
A number of companies have already come out with transition plans for net zero carbon emissions.
Industry roundup: 4 June 2020
by Ben Poole
News in brief, featuring trade finance investment, a European fintech support programme, and more.
China’s SMEs facing cash flow problems
by Ben Poole
Research from Ping An highlights the prolonged effect the COVID-19 pandemic is having on company finances.
Sustainable borrowing base facility seeks to enhance food supply chains
by Ben Poole
Rabobank and FMO have committed to the facility to support Agrocorp during volatile times.
Industry roundup: 3 June 2020
by Ben Poole
News in brief, featuring Contour, Deutsche Bank, and BNP Paribas.
Mastercard initiative to inform business and government economic response efforts
by Ben Poole
The firm's Recovery Insights tools and research aims to provide data analysis to help companies and governments bounce back from COVID-19.
ECB sounds COVID-19 financial stability warning
by Ben Poole
The pandemic has greatly amplified existing vulnerabilities of the financial sector, corporates and sovereigns.
Industry roundup: 2 June 2020
by Ben Poole
News in brief, featuring a new blockchain application that targets supply chain blindspots.
LATAM corporates have limited manoeuvrability around COVID-19 pressure
by Ben Poole
New Fitch Ratings data shows weak cash flow and a lack of ability to cut capex impacting corporates in the region.
Banks and police team up to fight financial crime in Sweden
by Ben Poole
The SAMLIT effort will be piloted this year, with the goal of launching in 2021.
Industry roundup: 1 June 2020
by Ben Poole
News in brief, featuring the launch of a Request to Pay framework, SCF in Italy, and much more.