Santander has teamed with Pemberton Asset Management on a new supply chain solution. The banking giant and the private credit manager have formed Invensa, a company focused on supply chain inventory solutions for larger and mid-sized corporations, according to a Tuesday (Dec. 3) press release. “In the...
Blockchain is entering its institutional era. And the enterprise treasury function is all eyes and ears to the innovation. For example, news came this week that enterprise software maker MicroStrategy, whose business mission includes buying bitcoin, sold 13.6 million shares, tapping the public markets explicitly...
Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available to Citi clients in the U.S., the U.K. and Ireland, the bank said in a...
Back in 2019 — a lifetime ago, before the pandemic uprooted everything — PYMNTS published a report titled “The Trade Credit Dilemma,” spotlighting the $3.1 trillion U.S. firms were owed on any given day. Receivables are what’s owed, and what ideally should be spun by...
November 20, 2024
Blockchain is entering its institutional era. And the enterprise treasury function is all eyes and ears to the innovation. For example, news came this week that enterprise software maker MicroStrategy, whose business mission includes buying bitcoin, sold 13.6 million shares, tapping the public markets explicitly in order to fund further purchases of the nominal digital […]
September 26, 2024
Global trade, at its heart, is about receivables. One company owes another for the goods or services it has purchased. While that may sound simple enough, businesses engaged in international...
August 01, 2023
To eliminate paper checks and manual payment processes, you need to look for them first. But once you see them, you’ll find them everywhere. That’s why observers believe the B2B...
January 27, 2023
Small businesses have traditionally struggled to access the same trade finance as their larger peers. In an interview with PYMNTS, Sandra Nolasco, CEO at Madrid-based trade finance platform Twinco Capital,...
December 17, 2024
Kimura Capital is reportedly closing its London-based trade finance business and returning money to investors. The company will continue its ventures in commodity logistics and sports management, but a proposed commodity hedge fund will not move forward, Bloomberg reported Tuesday (Dec. 17), citing unnamed sources. Kimura Capital did not immediately reply to PYMNTS’ request for comment. The company […]
December 03, 2024
Santander has teamed with Pemberton Asset Management on a new supply chain solution. The banking giant and the private credit manager have formed Invensa, a company focused on supply chain inventory solutions...
October 28, 2024
Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available...
October 21, 2024
The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have formed an agreement for correspondent...
