Three organizations teamed up to provide financing for suppliers of energy and chemical company Aramco by establishing what they said is one of the world’s largest supply chain financing programs. Aramco, Taulia and the Saudi Industrial Development Fund (SIDF) announced their signing of agreements to...
B2B operations frequently require a greater level of sophistication than their B2C counterparts. Payments, especially, are typically larger and more complex transactions and must mesh with monolithic, already-existing systems. That’s what makes the whole concept of digitization and the payoff that comes along with it...
Citi and International Finance Corp. (IFC), a global development institution that is a member of the World Bank Group, have partnered on a $2 billion sustainable supply chain finance program focused on emerging markets. The first project under the umbrella of this agreement is a...
Finastra and CredAble have partnered to enable banks to offer their corporate clients supply chain finance solutions. In this collaboration, CredAble’s supply chain finance platform has been integrated with the Finastra Trade Innovation trade services platform, the companies said in a Tuesday (July 23) press...
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 […]
August 04, 2020
Although the 2008 financial crisis jolted the world economy, the financial conditions leading up to the disruption had been a long time coming. It’s perhaps the biggest economic difference between...
October 21, 2019
Trade wars. Tariffs. Brexit. Beyond the headlines and stock market gyrations, beyond the speeches from politicians and academics, lies the very real impact of geopolitics on supply chains: Trade corridors...
December 16, 2024
FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky News reported, citing unnamed sources. An announcement is said to be forthcoming. FIS did not immediately reply to PYMNTS’ request for comment. A spokesperson for Demica said the company does […]
October 30, 2024
Three organizations teamed up to provide financing for suppliers of energy and chemical company Aramco by establishing what they said is one of the world’s largest supply chain financing programs....
August 06, 2024
Citi and International Finance Corp. (IFC), a global development institution that is a member of the World Bank Group, have partnered on a $2 billion sustainable supply chain finance program...
July 23, 2024
Finastra and CredAble have partnered to enable banks to offer their corporate clients supply chain finance solutions. In this collaboration, CredAble’s supply chain finance platform has been integrated with the...
