Articles with tag: supplier

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JP Morgan pledges USD 30 bln for reducing racial wealth gap

08 Oct 2020 | Payments General

JP Morgan has declared it would commit USD 30 billion to address racial inequality over the next 5 years, according to Reuters.

JP Morgan, racial wealth gap, racial inequality, Reuters, mortgage, Black borrowers, Latino borrowers, housing project, small business loans, banks, philanthropy, minority suppliers, Bank of America, Citigroup, Community Development Financial Institutions, CDFIs, loans

Emirates NBD rolls out digital SCF platform

06 Oct 2020 | E-invoicing, SCF & E-procurement

Emirates NBD has launched a digital supply chain financing platform for its corporate and institutional clients

Emirates NBD, digital platform, SCF, supply chain finance, smartSCF, supply chain, working capital, transaction costs, cash flow, invoices, payments, digital onboarding, supplier onboarding

Contour enters live production delivering trade finance blockchain network

05 Oct 2020 | E-invoicing, SCF & E-procurement

Singapore-based Contour has entered live production, uniting buyers, suppliers and banks on a decentralised, digital trade finance platform that is open to all geographies and industries, according to IBS Intelligence.

Contour, trade finance, blockchain, banks, corporates, suppliers, financing

Zwipe and CardMatix partner on mass-production of Zwipe Pay ONE

14 Sep 2020 | Cards

Norway-based biometric fintech company Zwipe and card manufacturing equipment supplier Cardmatix have teamed to build fingerprint sensors for biometric payment card manufacturing.

Zwipe, Cardmatix, biometric authentication, partnership, China, Norway, Europe, biometric fintech company, card manufacturing equipment supplier, payments card,

Mastercard forms Supply Chain Digitisation alliance with partners

09 Sep 2020 | E-invoicing, SCF & E-procurement

Mastercard, N-Frnds, SGeBIZ, and Finastra have partnered with the Asian Development Bank (ADB) to provide funds for small and medium enterprises (SMEs) in Asia.

Mastercard, supply chain, digitisation, alliance, N-Frnds, SGeBIZ, Finastra, Asian Development Bank, ADB, SMEs, Asia, covid-19, pandemic, MSBs, banks, trade networks, supplier, demander, funds, International Chamber of Commerce, fintech

Loomis launches payment solution for cash, cards, and other digital payments

09 Sep 2020 | Online Payments

Sweden-based company Loomis has launched Loomis Pay to expand its presence across the value chain.

Sweden, Loomis, Loomis Pay, payment platform, merchants, payment suppliers, Denmark

Dubai SME introduces smart dashboards to promote procurement programme

01 Sep 2020 | E-invoicing, SCF & E-procurement

Dubai SME has introduced two smart dashboards to enable local startups to benefit from the Government Procurement Programme.

Dubai SME, smart dashboard, procurement, Government Procurement Programme, startup, SME, local economy, supplier, government, GPP, UAE, equity, Emirati, companies, Dubai Government tenders

Global Supply Chain Finance Forum (GSCFF) observes SCF misuse increase

25 Aug 2020 | E-invoicing, SCF & E-procurement

The Global Supply Chain Finance Forum (GSCFF) has released a paper in response to growing concerns regarding the use of supply chain finance (SCF) and payables finance programmes. 

Global Supply Chain Finance Forum, GSCFF, SCF, supply chain finance, payables finance, programmes, suppliers, financial reporting, transparency, SMEs, financial disclosure, covid-19, industry standards, standard definitions, global supply chains

UK regulator stops the merge between FNZ and GBST

07 Aug 2020 | E-invoicing, SCF & E-procurement

The UK Competition and Markets Authority (CMA) has provisionally blocked the merger of suppliers of retail investment platform solutions, FNZ and GBST.

UK, regulator, FNZ, GBST, Competition and Markets Authority, CMA, supplier, retail, imvestment, software, data

HSBC, Asian Development Bank partner for Covid-19 supply chains support

30 Jul 2020 | E-invoicing, SCF & E-procurement

HSBC and the Asian Development Bank (ADB) have announced a supply chain finance programme to support companies that provide Covid-19-related supplies.

HSBC, Asian Development Bank, covid19, supply chain finance, Asian SMEs, medical supply chains, financing, suppliers, banks, manufacturers, investors, healthcare professionals

Deutsche Bank to invest in fintech Traxpay

27 Jul 2020 | E-invoicing, SCF & E-procurement

Deutsche Bank has announced plans to invest in Germany-based fintech Traxpay to expand its supply chain finance offering. 

Deutsche Bank, Traxpay, fintech, Germany, supply chain finance, dynamic discounting, reverse factoring solutions, cash flow, discount, platform, retailers, suppliers, payable, interim financing

B2B payments 2019-2020 – key drivers of innovation

27 Jul 2020 | Payments General

An overview of some of the B2B payments trends and initiatives from late-2019 to mid-2020, the Covid-19 impact, the productisation of B2B payments, and future perspectives for this industry

B2B payments, fintech, virtual cards, B2B transactions, cards, investments, acquisitions, digital payments, innovation, partnerships, coronavirus, expansion, corporate cards, cross-border payments, commercial payments, investors, fraud, card schemes, businesses, PSPs, payments, suppliers, digitisation, corporates, banks, payment providers, travel, expenses, commercial card

Europe e-invoicing market to reach USD 4217.6 mln by 2027 with CAGR of 17.1%

14 Jul 2020 | E-invoicing, SCF & E-procurement

The Europe-based e-invoicing market was valued at USD 1,241.7 million in 2019 and is projected to reach USD 4,217.6 million by 2027 at a CAGR of 17.1%.

e-invoicing, electronic billing, Europe, CAGR, customers, suppliers, trading agreement, invoices, purchase orders, debit notes, credit notes, payment terms, remittances, order to cash, procure to pay

Tradeshift and Raindew Trade launch a coronavirus Instant Supplier Payment Scheme

10 Jul 2020 | E-invoicing, SCF & E-procurement

Raindew Trade and Tradeshift, have launched a USD 1.5 billion COVID-19 Instant Supplier Payment Scheme (‘WePayNow Initiative’) in South Africa and selected African markets.

Tradeshift, Raindew Trade, COVID-19, coronavirus, SCF, supply chain finance, Africa, Instant Supplier Payment Scheme, WePayNow Initiative, South Africa, Denmark, Export Credit Agency, digitisation, digital, payments

AvidXchange protects suppliers from fraud with security updates

01 Jul 2020 | Payments General

AvidXchange, a provider of accounts payable (AP) and payment automation solutions for the middle market, has released new security functionality to protect suppliers from fraud.

accounts payable, payment automation, AvidXchange, Cashflow Manager, security, suppliers, product update

SoftBank-backed Greensill buys Colombia fintech

24 Jun 2020 | E-invoicing, SCF & E-procurement

SoftBank-Backed Greensill Capital, a company that helps businesses fund their operations, has announced it is acquiring Colombia-based Omni Latam to speed up growth in Latin America.

Greensill Capital, Omni Latam, working capital, supply chain finance, loans, suppliers

Blockchain platform Factorin to transform the trade finance market in Russia

04 Jun 2020 | E-invoicing, SCF & E-procurement

Since its launch in 2019, Factorin has attracted 30 banking entities, has processed financing for 246,000 invoices and supplies, and its transactional turnover has exceeded USD 500 million.

blockchain, trade finance, suppliers, payments, Russia, automation, supply chain

Auburn University to automate manual procurement processes

01 Jun 2020 | E-invoicing, SCF & E-procurement

US-based Auburn University has commenced a project to automate manual procurement processes.

Auburn University, partnership, JAGGAER, US, procurement, supplier management, sourcing, eprocurement, invoicing, cloud, software

How can you improve dropshipping processes in ecommerce? Two words – EDI systems

29 May 2020 | E-invoicing, SCF & E-procurement

Tomasz Spluszka, Comarch: In the dropshipping model, the order fulfilment process can be automated, meaning we can improve the efficiency with the help of Electronic Data Interchange

Comarch, dropshipping, ecommerce, EDI systems, Electronic Data Interchange, transactions, Classic Order Fulfillment Method, Dropshipping, data, seller, supplier, LSPs, cloud, B2B, supply chain, artificial intelligence, AI, machine learning, blockchain, cloud, LaRedoute

Xtracap secures USD 1 mln funding

21 May 2020 | Payments General

India-based Xtracap fintech has raised USD 1 million in an angel round of funding. 

Xtracap, fintech, funding, Bridge2Capital, mobile app, loans, GST supplier bill, invoice, coronavirus, online payments, online insurance, digital ledger