Articles with tag: supply chains

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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

Tesco to offer free delivery for its Clubcard Plus members

17 Aug 2020 | Ecommerce

UK-based supermarket chain company Tesco has announced plans to introduce free delivery to members of its Clubcard Plus loyalty scheme.

Tesco, UK, free delivery, Clubcard Plus, loyalty scheme, Amazon, membership programme, coronavirus, online shopping, Primark, Tesco, Sainsbury’s, Morrisons, Marks & Spencer, vulnerable supply chains

CDC adds 75 mln to its trade finance deal with Absa

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

CDC, a UK-based development finance institution, has announced an additional USD 75 million commitment to its existing trade finance facility with Absa Bank.

CDC, Absa, UK, BANKS, Africa, trade finance, supply chains, SCF, COVID-19, coronavirus, pandemic, partnership, International Chamber of Commerce

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

Barlcays opens CLBILS to help large corporate clients impacted by COVID-19

22 Apr 2020 | E-invoicing, SCF & E-procurement

Barclays has opened the Coronavirus Large Business Interruption Loan Scheme (CBILS) to help large corporate banking clients that are impacted by the COVID-19 pandemic.

Barclays, CLBILS, COVID-19, coronavirus, UK, CBILS, banking, loans, working capital, liquidity, supply chains, FX, Clydesdale Bank, Danske Bank, HSBC, Lloyds Bank, Santander

FinDynamic develops discounting tool for UniCredit's clients

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

UniCredit has partnered FinDynamic, an Italy-based fintech company, to provide a discounting solution to Venchi, a local chocolate and ice cream company.

Italy, UniCredit, fintech, FinDynamic, Venchi, invoice, SMEs, supply chains, payments, working capital, supplier

Supply chains face liquidity crunch as Tradeshift reports 62 percent drop in global trade transactions

17 Mar 2020 | E-invoicing, SCF & E-procurement

Global business to business transactions have dropped by 62% in the past week (w/c March 8, 2020) according to the latest data from Tradeshift.

Supply chains, liquidity, Tradeshift, trade, transactions, payments

Transparent supplier practices lead to business success, finds global study

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

There is a clear link between commercial success and the visibility of supplier practices, according to a recently released study by Harvard Business Review Analytic Services (HBRAS) and Basware.

Basware, supplier practices, supply chains, transparency, procurement, study, Harvard Business Review Analytic Services

IBM purchases blockchain testing service

06 Mar 2019 | Cryptocurrencies

IBM’s X-Force Red, a security team focusing on hacking software in order to discover and mitigate vulnerabilities, has launched a blockchain testing service.

IBM, blockchain, test service, Bitcoin, cryptocurrency, smart contracts, online payments, transactions, supply chains, legal services, distributed ledgers, database, public key, hyperledgers

University of Warwick launches innovation hub for supply chains

25 Jan 2019 | E-invoicing, SCF & E-procurement

The University of Warwick has launched a new innovation hub, to focus on researching the future of automotive supply chains.

University of Warwick, innovation hub, supply chain management, UK, Europe, supply chain finance, automotive supply chains,