reverse factoring

Chevron Chided For Aussie Early Supplier Payment Program
Chevron Chided For Aussie Early Supplier Payment Program
March 18, 2020  |  B2B Payments

An early payment scheme by U.S. energy giant Chevron has been derided as opportunistic by Australian suppliers, according to a report by The Australian. Chevron’s...

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BoE Boss Stresses Reverse Factoring Amid Coronavirus
BoE Boss Stresses Reverse Factoring Amid Coronavirus
March 05, 2020  |  B2B Payments

The incoming Bank of England (BoE) Governor Andrew Bailey said that small and medium-sized businesses (SMBs) might need loans from Threadneedle Street and the government...

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Reverse Factoring’s Late Payments Controversy
Reverse Factoring’s Late Payments Controversy
February 03, 2020  |  B2B Payments

The conversation surrounding late supplier payments is proliferating as new controversies emerge about the impact of reverse financing on supplier payment practices, and as some...

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UK Mining Firm Ditches SMB Reverse Factoring
UK Mining Firm Ditches SMB Reverse Factoring
January 29, 2020  |  B2B Payments

With mounting pressure from small and medium-sized businesses (SMBs) as well as the media and politicians, U.K.-headquartered mining firm Rio Tinto is ditching its reverse...

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Aussie Auditors’ Role In Reverse Factoring Disclosure Questioned
Aussie Auditors’ Role In Reverse Factoring Disclosure Questioned
January 02, 2020  |  B2B Payments

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance...

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SEC Reignites Supply Chain Finance Debate
SEC Reignites Supply Chain Finance Debate
December 12, 2019  |  B2B Payments

The U.S. Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain...

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Australian Government Launches Supply Chain Finance Probe
Australian Government Launches Supply Chain Finance Probe
October 31, 2019  |  B2B Payments

The Australian government has launched an investigation into the supply chain finance market and the impact of the financing tool on small business payments and...

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Greensill Steps Into Early Wage Access With Latest SoftBank Backing
Greensill Steps Into Early Wage Access With Latest SoftBank Backing
October 29, 2019  |  B2B Payments

The SoftBank Vision Fund has invested an additional $655 million in supply chain financing firm Greensill Capital, just months after contributing an $800 million investment...

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Reverse Factoring Intensifies The B2B Late Payments Debate
Reverse Factoring Intensifies The B2B Late Payments Debate
October 28, 2019  |  B2B Payments

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in...

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