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CreditPoint Software, LLC and Creditsafe Announce Integrated Risk Management Partnership

Leading Provider of Trade Credit Risk Integrates with Leading Provider of Online Business Credit Reports CreditPoint Software, LLC, a leading business trade credit risk management company and Creditsafe, a premier provider of online business credit reports, announced a partnership that includes integration of their industry leading platforms.  This integration enables Creditsafe’s business reports to now be accessible within CreditPoint’s full ... Read More »

CRIF acquires Dun & Bradstreet Vietnam and its franchise operations in Brunei, Laos, Myanmar, and Cambodia

CRIF, a global company specializing in credit bureau, business information and credit solutions, has announced the acquisition of all shares in Dun & Bradstreet Vietnam. CRIF has been Dun & Bradstreet’s Worldwide Network (WWN) partner since 2009 after acquiring its operations in Italy and later in Turkey, the UAE and Egypt.  With this announcement, the relationship will expand to cover ... Read More »

Blockchain-based Solution to Assist in KYC Dilligence: Bankchain

Indian banks ready to launch first blockchain-based solution to map corporate borrowers  A blockchain-based solution designed to help Indian banks and non-banking financial companies do their know your customer diligence of corporate borrowers, evaluate corporate lending risk, and manage vendors is ready to be deployed by the year-end. The solution has been developed by Bankchain, a 30-member consortium led by the ... Read More »

Availability and Access to Credit Information in Russia

There are 17 credit bureaus operational according to the State Register of Credit Bureaus maintained by the Central Bank of Russia.  Article 6, Provision of a credit report of the Federal Law No.218-FZ On credit histories of December 30, 2004 (as amended on July 3, 2016), regulates the provision of credit histories (credit information) in the form of a credit ... Read More »

CRIF Acquires Vision-Net Ireland

The acquisition will strengthen CRIF’s local presence in the field of business information and decision support solutions. CRIF, a global company specializing in credit bureau, business information and credit solutions, has announced the acquisition of Vision-Net, a leading provider of business information based in Dublin. Vision-Net, a high-standing company operating in a competitive and sophisticated market providing immediate access to ... Read More »

Atradius Launches Atrium Credit Management Portal

Credit management specialist Atradius has launched a new credit management portal, Atrium, using Oracle technology.  The digital platform enables companies worldwide to manage their credit insurance policies and apply for credit limits in one spot, in real time. The new portal provides Atradius’ customers a quick and easy way to complete credit insurance transactions worldwide in more than 45 countries ... Read More »

USA Risk Climate:  Expectations for Small Business Growth in 2018 on the Rise

Small Businesses Report Greater Access to Bank Loans and Increased Hiring Small businesses (< $5M in revenue) are finishing 2017 strong, reporting both revenue increases and optimism for future growth according to the fourth quarter 2017 Private Capital Access (PCA) Index report from Dun & Bradstreet and Pepperdine Graziadio Business School.  Fifty-eight percent of small businesses, up from 52 percent in Q4 2016, reported ... Read More »

Blockchain is “no longer in proof of concept” phase

Blockchain is “no longer in proof of concept” phase says Global Trade Review As 2017 draws to a close, there are signs that we are moving beyond the proof of concept era for blockchain technology In the past days, a number of trade and non-trade-related blockchain programmes have gone live, showing the functionality of the technology and feeding the widely-held ... Read More »

Tinubu Square predicts insurance industry will cross chasm in 2018 to achieve emerging market penetration

The insurance industry is set for a shake up and could be on the verge of significant expansion in emerging markets if it sheds old processes and embraces ground-breaking technology in 2018, predicts Tinubu Square, a leading provider of trade credit risk management solutions.  Against the backdrop of increasing worldwide premiums and growth opportunities being restricted by entrenched practices, Tinubu ... Read More »

Banks to Pilot new Concept for Blockchain-based Supply Chain Finance

Three international banks, three large corporates and four fintech startups have announced a pioneering project that will explore how blockchain technology can be used to track physical supply chains while unlocking access to financing for sustainable sourcing.  The year-long project will kick off in January and involve Unilever, Sainsbury’s and Sappi together with Barclays, Standard Chartered and BNP Paribas, which will ... Read More »

SME Access to Finance: Amazon Lending & Six Alternative Funding Options for Your Business

Amazon Lending & Six Alternative Funding Options for Your Business Amazon Lending is an invitation-only short-term business loan that helps Amazon sellers fund inventory purchases.  But it’s not something growing sellers can tap for other business needs like marketing, facilities, or staffing.  For these, sellers must turn to funding sources like Payability, savings, or credit solutions. Here’s what to expect ... Read More »

Atradius Opens Offices in Bulgaria and Romania

Credit insurer Atradius further expands their international presence with two new locations in Bulgaria and Romania. Effective immediately, the company will be consulting its clients and business partners in the capital cities of Sofia and Bucharest. Atradius is the second largest provider of credit insurance in the world, providing companies with protection in the event their customers delay or default ... Read More »

Global Trade Review (GTR) Launches Trade Fintech Investment Arm

Global Trade Review (GTR) has launched an investment arm, supporting fintech companies in the trade space GTR Ventures (GTRV) was launched at a recent GTR Asia Trade & Treasury Week in Singapore, the world’s largest trade finance event. GTRV will place private capital into trade and SME lending platforms, particularly in emerging markets. It will offer stakeholders – such as entrepreneurs, investors, private companies, banks ... Read More »

Embracing New Technology: More Small Businesses Taking Credit/Debit Payments

Small business owners look like they’re embracing new technologies when it comes to the types of payments their businesses will accept, allowing more in-person credit and debit card payments using point-of-sale terminals. According to the latest Wells Fargo/Gallup Small Business Index conducted in early October, 39% of business owners now accept credit or debit card payment, up from 31% in ... Read More »

The US$5.2 Trillion MSME Finance Gap

The International Finance Corporation (World Bank Group) has published its latest assessment of the shortfalls and opportunities in financing micro, small and medium enterprises in emerging markets.  According to this assessment the potential demand for MSME Finance is US$8.9 Trillion compared to the current credit supply of US$3.7 Trillion.  This leaves a finance gap of US$5.2 Trillion.  The report can ... Read More »