This Week's Wrap-up | 29 November 2024
Welcome to this week's wrap-up, delivering all of this week's news, events, and updates from FCI straight to your inbox. Subscribe to the FCI LinkedIn Newsletter by clicking here.
Top Stories
FCI is excited to release the November 2024 edition of its In-Sight Newsletter, featuring key milestones, leadership reflections, and global developments in trade finance. Highlights include insights from the Prague conference, updates on digital innovations and green financing, education initiatives in Pakistan and India, and an analysis of European market trends. Discover how FCI continues to lead and support its members worldwide. >Read more
Happy Thanksgiving to all our members and followers who celebrate! 🦃🍂We’re grateful for your trust, collaboration, and support in strengthening the global trade finance community. Wishing you a joyful day filled with gratitude and togetherness! >Read more
On the Move with Neal Harm - Highlights from China. We are thrilled to share a video capturing the impactful trip of Neal Harm, FCI's Secretary General, alongside Hui LIN, our Regional Director. This visit marked a significant step in strengthening ties with our Chinese members and partners, fostering collaboration, and expanding FCI's footprint in the region. Watch as we explore the opportunities that lie ahead in one of the world's most dynamic markets for trade finance and factoring. Take a glimpse into the key moments that made this trip unforgettable. >Watch the video
Discover the EUF Autumn Newsletter 2024. Highlights include: Welcome from EUF Chairman, Fausto Galmarini, What’s going on in the EUF Legal Committee? - Maggie Wessel, IH 2024 EU Factoring figures – First signs of growth slowdown - Magdalena Ciechomska-Barczak, ACMA, CGMA-Barczak, A New representative at the ESG Committee - Antoine de CHABOT, Factoring and Prudential Regulation: Aligning Risk Sensitivity with Business Realities - Diego Tavecchia Read more and download your copy! >Read more
Today began with Welcome Remarks by Neal Harm, FCI Secretary General, where he shared a powerful insight: "India is on the path of becoming the global leader in GDP in a relatively short period of time. This puts India on the path to being the #2 globally by 2040 and #1 global leader by 2055...". >Read more
FCI Member News
FCI Member, Lendscape, is excited to share that they have partnered with Express Trade Capital, Inc., a prominent US finance provider, to enhance their financial operations using Lendscape's flexible, scalable platform. This partnership follows Lendscape’s expansion into the US market and highlights a mutual dedication to harnessing technology for improved, client-centric financial solutions. >Read more
FCI Events
Join us on 5th December 2024 for the Exploring Receivables and Payable Finance conference, hosted by IFC - International Finance Corporation, FCI and the Central Bank of Uzbekistan in Tashkent. This is your opportunity to gain expert insights into factoring, receivables, and payables finance, explore cutting-edge industry trends, and learn from real-world case studies. Don’t miss out on discussions about regulatory frameworks, technological innovations, and actionable strategies to drive growth. >Read more
Behind the Scenes at FCI Academy’s Seminar in Mumbai! Welcome to 'International Factoring & Receivables Finance: Enhancing Business Stability & Growth.' The stage is set, and we’re excited to host participants from around the globe for two days of learning, networking, and collaboration. >Read more
Recommended by LinkedIn
Highlights from the FCI Academy Seminar in Mumbai! Today closed with an engaging Q&A session, leaving participants with valuable takeaways and answers to their questions. Thank you to everyone who joined us for Day 1! We look forward to seeing you tomorrow for another day of learning, collaboration, and insights. Stay tuned for more updates! >Read more
Thank You for Joining Us at the FCI Academy Seminar in Mumbai! As we conclude two days of learning, insights, and collaboration, we want to extend our heartfelt thanks to all participants, speakers, and sponsors who made this seminar a success. From exploring the fundamentals of factoring and receivables finance to diving deep into the FCI Two-Factor System, risk management, and the catalytic role of digitalisation, your active engagement has made this event truly impactful. We hope you’re leaving with new knowledge and fresh perspectives to help you navigate factoring and receivables finance with confidence in the India Market. >Read more
Upcoming events:
FCI Academy
Learn Anytime, Anywhere with FCI Academy On-Demand! Looking to enhance your knowledge in factoring and receivables finance but need flexibility? FCI Academy On-Demand courses are here to fit your schedule! >Read more
Unlock Your Expertise with FCI Academy’s 2025 Term 1 Certificate Programmes!Are you ready to take your skills in receivables finance to the next level? FCI Academy's specialised certificate programmes are now open for January 2025 enrolment! Choose Your Path: Sales & Marketing in Receivables Finance: Master selling strategies and client onboarding, Legal Aspects in Receivables Finance: Build a solid foundation in legal knowledge and cross-border compliance, Risk Management in Receivables Finance: Develop expertise in monitoring seller and buyer risks. >Read more
Upcoming courses with FCI Academy:
FCI Partners & Partner Events
Over the last two days, FCI's Chairman, Çağatay Baydar, and Regional Director, A. Betül Kurtulus, attended the 7th Conference on International Coordination of Secured Transactions Reform in Istanbul, focusing on the theme, "Bridging the Distance Between Formulation & Implementation". >Read more
The World Trade Organization's 2024 World Trade Report found that half of trade finance applications made by SMEs are rejected by lenders. Promoting financial inclusion is critical to expanding the economic contribution from SMEs and MSMEs, and requires increased collaboration from central banks, regulators and multilateral development banks to reduce business and economic risks associated with fraud. The recent partnership announced by FCI and MonetaGo focusses on making available fraud prevention tools to help secure transactions and promote transparency. “A global invoice registry system is critical to ensuring safe, interoperable solutions across markets, enabling trade practitioners to mitigate fraud risks and unlock liquidity. Together, we are committed to driving positive change in the industry, benefiting both our members and the broader trade finance community.”- Neal Harm, Secretary General, FCI. >Read more