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Tinubu Square Provides Fresh Perspective on Customer Risk Management with New Updates to Its Popular Risk Platform

New ergonomics, new functionalities: Tinubu Risk Management Center enhanced for finance and factoring companies. Tinubu Square, one of the leading expert in trade credit risk management solutions for trade credit insurers and businesses, has launched a new version of its popular Risk Management Center (RMC). The technology platform that is already widely used by multinational organisations has been completely redesigned to better ... Read More »

Alibaba to Bring US Businesses Online to China

Riding on the coattails of its first annual conference in Detroit aimed at connecting U.S. businesses with Chinese consumers, Alibaba Group has launched a new website to support the effort. Dubbed the Taobao Global U.S. Merchants Network, the company said it will provide small and medium-size businesses in the U.S. with access to more than 500 million consumers that are ... Read More »

Banks Signal the Death of Traditional Trade Finance

Banks around the world are sounding the death knell for traditional trade finance instruments, with the vast majority expecting a sharp decline in their usage over the coming year.  The main problem is compliance and regulations plus the general de-risking of banks (less lending), cutting ties with correspondence banks etc. The annual Rethinking Trade Finance report from the International Chamber of Commerce ... Read More »

Tinubu Square Provides Fresh Perspective on Customer Risk Management with New Updates to its Popular Risk Platform

New ergonomics, new functionalities: Tinubu Risk Management Center enhanced for finance and factoring companies Tinubu Square, the leading expert in trade credit risk management solutions for trade credit insurers and businesses, has launched a new version of its popular Risk Management Center (RMC). The technology platform that is already widely used by multinational organisations has been completely redesigned to better ... Read More »

Tightening of Short-term Business Loans in China Worries Some Analysts

The rate of short-term, non-financial corporate bank loans to companies in China has fallen in recent months to less than 1% from a high of 4.8% growth in January 2016.  The tightening—a result of Chinese policymakers’ shift to reduce debt in sectors with excess capacity like iron and coal production—is helping improve China’s overall creditworthiness, notes a recent report in ... Read More »

Why Amazon’s Growth in Small Business Lending Threatens the Banking System

Amazon could strangle the competition in small business finance, but also all other third parties who are part of traditional supply chains. Amazon has recently announced that it had surpassed $1 billion in small-business loans to more than 20,000 merchants involved in its Amazon Marketplace in the U.S. UK, and Japan during the past year. In fact, since Amazon Lending began in 2011, it ... Read More »

Credit Management Index (CMI) Could Begin Summer with Firm Rebound

The numbers in NACM’s June Credit Managers’ Index (CMI), which will be released Friday at nacm.org, are likely to reflect a strong monthly rebound in business conditions. The index has been on a roller-coaster ride over prior months, mirroring the volatility in many kinds of economic data streams. “The fact is that there are contradictory waves coursing through the economy as ... Read More »

Atradius Unveils Atrium – A New Online Credit Management Portal

Credit limits approved in minutes with just a few clicks Atradius announced an upgrade to its digital platform with the unveiling of ‘Atrium’, its new credit management portal. Atrium is an advanced way for business to complete credit insurance transactions creating a new level of service. The Oracle based portal is designed to evolve with digital advancements and user requirements. ... Read More »

Tracking Changes in Small Business Risk Profiles Challenges Lenders

LexisNexis Risk Solutions launches LexisNexis® Small Business Monitoring that checks for targeted, material changes and updates  LexisNexis® Risk Solutions has identified a growing trend among lenders that serve small businesses—namely, the difficulty of tracking changes in the status of their risk profile.  A suite of products, including Small Business Monitoring, assists lenders with client account management by monitoring for changes in ... Read More »

ICISA Trade Credit Members Insured over 2.3 trillion in 2016

Growth in global trade reflected in high exposure figures Increased demand for surety under soft market conditions Trade credit insurance Total premium income decreased by -3.4% to €6 billion in a competitive market Claims paid or 2016 stands at a total sum of €2.9 billion Claims ratio 2016: 48.3% (2015: 50.4%) Insured exposure increased by +2%. Total insured exposure over ... Read More »

Country Risk Climate: Asian Payments Situation Worsens

Companies in Asia are facing more overdue payments as the macroeconomic problems facing the region filter through the supply chain. In China, 80.6% of companies experienced overdue payments in 2015, with the the value of outstanding debt rising by 58.1% from 2014. In its annual corporate payments survey of Asia Pacific, credit insurance firm Coface quizzed 2,793 companies in eight ... Read More »

TINUBU SQUARE LAUNCHES TINUBU CREDIT INSURANCE SUITE CORE EDITION

Tinubu Square puts its know-how at the service of insurance start-ups Tinubu Square, the leading expert in trade credit risk management solutions for trade credit insurers and businesses, has announced the launch of a new version of its Credit Insurance Suite, aimed specifically at the needs of emerging credit insurance and reinsurance businesses.  The Tinubu Credit Insurance Suite Core Edition ... Read More »

The Russian Bankruptcy Process Appears to Lose Effectiveness

Credit Risk Prevention: Verification is Better than Court Proceedings The current bankruptcy law has turned out to be untenable. The ability to recover assets through court action is constantly decreasing, the measures for financial rehabilitation do not work. The only effective way to protect assets is to check and monitor business partners.   Less bankruptcies, more outstanding claims:   According ... Read More »

Alibaba Makes Its First FinTech Investment In Hong Kong

Alibaba has expanded its investment portfolio in Hong Kong and has chosen Qupital to be its first FinTech investment in the city.  Qupital has just secured a seed investment round of $2 million, led by MindWorks Ventures and Alibaba Entrepreneurs Fund, with co-investment from DRL Capital, Aria Group and several other investors. The funding will be used to enhance its ... Read More »