On January 26th and 27th, the “Supply Chain Finance Summit” was held once again, BCR’s annual event where the latest trends in the sector are shown and where the leaders of the trade finance industry share their ideas.
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Syndication applied to Confirming programs
Confirming or Supplier Financing programs known as Supply Chain Finance (SCF) have proven to be a good tool for managing payments from companies as well as providing financing for their SME suppliers. Since its origin, the product has undergone many variations, improvements, and advances in the market, all of which have served to demonstrate how important it has become to its users as it continues to add value to them in particular and the market in general.
Alvantia attends the online event of the XI International Congress of the Polish Factors Association (PZF)
The Factoring Congress is one of the most important events in the calendar of factoring and finance managers and professionals in Poland. This year, due to the circumstances surrounding Covid-19, the congress has been held through an online event divided into two sessions.
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Data management in trade finance: do we really make the most of the opportunities provided by technology?
There is a key aspect managing the financing of trade credit, in general, and reverse factoring, in particular, which is not always well designed and used, from a trade, operational and risk point of view, in contrast to other financing arrangements: big data.
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How trade finance helps companies during Coronavirus crisis?
From this forum of opinion and ideas, that is the Alvantia Blog, we would like to put forward our humble vision of the situation in which we are currently embroiled, and will continue to experience over the next few days and weeks. We will look at this in a strictly economic and financial context and particularly from the point of view of a simple analysis and forecast of what may happen in the coming months, specifically, the liquidity that the network of SMEs and the self-employed will need.
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Blockchain Technology and DLT in the financial sector
It’s a fact that there are new technological trends that are currently revolutionising the financial markets. The term Blockchain has become an everyday word in practically everyone’s vocabulary, as it refers to the technology being used by the banking sector to reinvent itself.
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Key takeaways from the 19th Receivables Finance International Convention
For the fourth consecutive year, Alvantia has participated, as Gold Sponsor, in the Receivables Finance International Convention (RFIx), a key event in the trade finance sector that this year celebrated its nineteenth edition at the Marriott Grosvenor Square Hotel in London. (more…)
Fintechs: their relationship with traditional banking and regulatory authorities
As we saw previously in the first post, Fintechs (business players that combine ICT and finance) undoubtedly offer multiple advantages to consumers by positioning them at the heart of financial products and services. However, some concerns are arising with regards to regulation, supervision, compliance and security.
Payment methods: the revolution is in the 15%
There is a symbiotic relationship between payment methods and economic activity: the evolution of means of payment has historically favoured economic development, and similarly, the evolution of economic activity has led to the modernisation of means of payment.
Cash is the most popular means of payment worldwide, used in 85% of all transactions. However, despite the overwhelming prevalence of cash as a payment method, it is slowly declining. And that 15% of non-cash transactions (9.1% credit/debit cards and 4.6% direct debits/bank transfers) is where a disruption is now occurring which will affect the entire means of payment system.
