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The EU General Data Protection Regulation (GDPR) will come immediately into force on 25th May 2018. It will be good for business. Eventually.
UPS Capital teams up with Payoneer to entice more businesses to trade overseas.
The world-first Green Borrowing Programme enables debt investors and lenders to access a broad range of certified green debt instruments.
Research finds that a robust credit score increases attractiveness of online daters.
23rd August 2017 – Bank of Georgia, a leading Georgian Bank, has signed a US$75m one-year Club Trade Finance Facility (“Club Trade Facility”) arranged by Citi with Asian Development Bank (ADB) and IFC, a member of the World Bank Group. ADB supported the facility through the Trade Finance Program (TFP) in the form of a guarantee and IFC provided funding through its Global Trade Liquidity Program in place with Citi.
23rd August 2017 – Lloyds Bank Commercial Banking has appointed a new SME head of trade for its Global Transaction Banking (GTB) division.
22nd August 2017 – Matching incoming payments with invoices has long been a frustration for companies. Many valuable hours are spent trying to determine who’s paying for what. Today, Bank of America Merrill Lynch is pleased to announce a new solution – Intelligent Receivables – that uses artificial intelligence (AI) and other software to help companies vastly improve their straight-through reconciliation (STR) of incoming payments to help them post their receivables faster.
18th August 2017 – Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced that Inc. magazine has placed the company on its 36th annual Inc. 5000 list, which honors the nation’s fastest-growing companies. Companies such as Microsoft, Dell, LinkedIn, Yelp, Zillow and many other well-known names first gained national exposure as honorees on the Inc. 5000.
22nd August 2017 – In a historic moment, the ICC Uniform Rules for Forfaiting—ICC Publication no. 800 (“URF 800”)—were officially endorsed by the United Nations Commission on International Trade Law (UNCITRAL) in its 50th plenary session held in Vienna on 14 July 2017.
22nd August 2017 – Standard Chartered Bank (China) Limited (“Standard Chartered China”) announced that the Bank had successfully completed mobile wallet collection for Juneyao Airlines, a Shanghai-based carrier operating both domestic and international services. Juneyao Airlines is the first Chinese carrier to integrate collection channel with an international bank for its online sales via WeChat.