In the ongoing drive to help businesses access new sources of capital, Mastercard has launched today (Oct. 21) a new B2B supply chain finance offering as part of its Track Business Payment Service. Mastercard’s Senior Vice President of Commercial and B2B Solutions David Trecker told...
Standard Chartered has teamed up with working capital FinTech Demica on a new online portal to streamline access to the bank’s supplier finance program, according to a company announcement Monday (Oct. 11). The collaboration will start with a fully digitized end-to-end Supplier Enrollment portal, which...
It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. But it may not always be smooth sailing ahead. The Financial...
Lloyds Bank Commercial Banking has partnered with Demica, a working capital FinTech, to roll out a new supply chain finance platform for U.K. businesses and affiliates, a press release says. Called The Open Account Platform, the new service will offer Lloyds Bank customers new tools,...
October 21, 2021
In the ongoing drive to help businesses access new sources of capital, Mastercard has launched today (Oct. 21) a new B2B supply chain finance offering as part of its Track Business Payment Service. Mastercard’s Senior Vice President of Commercial and B2B Solutions David Trecker told Karen Webster that the program is not just about providing […]
February 29, 2024
Crédit Agricole CIB launched a new receivables and supply chain finance platform in the Asia-Pacific region. The bank’s new Optim Receivables and Supply Chain Finance platform is powered by Demica’s white-label, cloud-based platform that helps financial institutions and corporates offer working capital solutions, the companies said in a Tuesday (Feb. 27) press release. “We are excited about this new […]
