Global Finance

DECEMBER 9, 2024

One good recent example is in Ethiopia, where the central bank recently promulgated a number of new regulations that have made the foreign exchange market more competitive. In regard to country comparisons, South Africa is a huge financial market, accounting for US$400 billion. Fourth is Angola, with US$27 billion.

Marketing 98

Marketing Banking Finance Profit and Loss 98

PYMNTS

NOVEMBER 12, 2020

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. FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat.

Banking 88

Banking Treasury Foreign Exchange Risk Analysis 88

Global Finance

OCTOBER 31, 2024

Before the pandemic, DBS had relentlessly leveraged emerging technologies to help SMEs, especially micro and small enterprises, streamline services and manage credit risk. SMEs account for 16% of the bank’s business, or approximately $1.5 One of these, Mujer PyME, is a credit facility targeted to women-led SMEs.

Banking 52

Banking Finance Construction Foreign Exchange 52

PYMNTS

FEBRUARY 6, 2019

Walford Trade Risk, a trade credit risk insurance provider, is rolling out a new product designed to help small businesses protect themselves against the risk of non-payment from their corporate customers. ”

Foreign Exchange 53

Foreign Exchange Invoicing Credit Risk Risk Management 53

PYMNTS

DECEMBER 2, 2020

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. FinTech firms Cobase and Ebury are now working together to roll out Ebury's foreign exchange services on Cobase's multi-banking platform, according to a press release.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

MAY 1, 2019

Many banks won’t take into account a large receivable from a cross-border customer when providing capital to an exporter, an issue Pelletier said not many businesses are always aware of. That’s where connecting banks with key trade information comes into play, he said.

Foreign Exchange 55

Foreign Exchange Finance Credit Risk B2B 55

PYMNTS

MARCH 2, 2016

The company also pointed to the recent rise of the nostro account, an account owned by a financial institution in another country with funds held in local currency, used to facilitate cross-border settlement. It’s a currency that allows financial institutions to ditch the nostro account and instead keep XRP on their own balance sheets.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46