cat/factoring
As cloud-based tools proliferate, small businesses looking to be more nimble, efficient and organized have been turning to them for a variety of key tasks, from billing, scheduling and collaboration to project management, time tracking, video conferencing, marketing, hiring and customer engagement.
This in-depth event tracks the transformation of supply chain finance (SCF); showcasing the latest innovations within the industry for both domestic and cross-border financing, examining the future of technology-enabled supply chain models, and driving the conversation on increasing access of SCF for SMEs and emerging markets.
IDFC Bank is among India’s first private-sector banks to pilot digital financial services that leverage the country’s new Aadhaar-enabled payment systems (AEPS), which makes digital money more accessible and practical for everyday transactions than ever before. Now, to do anything from receiving government payments to buying groceries, all a customer in Royyuru needs is a unique Aadhaar identity number and fingerprint to authenticate the transaction.
While research in SME financing has strongly increased over the recent years, studies focusing on the analysis of financing patterns of SMEs in Europe are still lacking. The research presented in this working paper provides an integrative perspective of such SME financing patterns by identifying and analysing in detail the use of various financing instruments by SMEs.
New significant challenges faced by Early Payment solutions, including low suppliers' adoption, interoperability, accounting treatment issues, post-confirmation dilution and others could be only partially resolved by diversified ledger technology (DLT).
SME Finane Forum member Basware, the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, has further enhanced its industry-leading Analytics solution and can now provide actionable insights to manage KPIs and workloads in AP departments and financial shared service centers. With the updated version company introduces two new dashboards to the Basware Analytics solutions: AP Performance and AP Productivity.
BNY Mellon released its "Overcoming the Trade Finance Gap: Root Causes and Remedies" report, which finds that the trade finance gap remains a significant issue for global trade, according to 100 global, regional, and domestic banks, specialist trade providers and other market participants responding to its survey. The $1.5 trillion global trade finance gap is affecting development and investment flows and financial inclusion, and businesses appear to be facing an increasingly uphill struggle in accessing the resources and support needed to fulfill their trade needs.
SME Finance Forum member, Strands, launched a new generation of Engager, an implementation that transforms every interaction into a guided and meaningful conversation, transforming complex data into relevant customer insights and added-value solutions in real time.
Engager 2.0. offers a novel way to engage with users on a new level –benefiting from AI and ML to effortlessly advise consumers towards their financial goals.
During the Global SME Finance Forum 2018, NoviCap's Co-Founder and COO, Marc Antoni Macia, demoed the company's services at the TechPitch on November 6.
NoviCap is aiming to become the first pan-European invoice finance solution.
During the Global SME Finance Forum 2018, Basware's Director, Markus Lyyra, demoed the company's services at the TechPitch on November 6.
Basware is a E-invoicing / Factoring platform for SMEs.
The Forum's TechPitch provided an opportunity for 13 innovative fintechs to demo their product to global and emerging market investment firms, financial institutions and other Forum participants. This exclusive opportunity is one of the key features of the conference and is open to a limited number of financial technology innovators working in the SME space.
