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FINSAPP, Volante in Business Domain Solutions Partnership - 2 March 2015

FINSAPP, the specialist SAP system integrator formed in 2012, is to partner with Volante Technologies to build business domain solutions based on interbank, intrabank and bank to corporate financial data message flows ...

Moody’s Sees India Budget as Positive for Corporates - 2 March 2015

India’s union budget for fiscal 2016, which was released on February 28 by Indian finance minister Arun Jaitley, is generally positive for the country’s corporate and infrastructure sectors, but the implications for its banks are more mixed, says Moody’s Investors Service ...

More Small Companies Launch IPOs on London Market - 2 March 2015

The volume and value of initial public offerings (IPOs) on London’s junior market increased last year as small to medium-sized enterprises (SMEs) sought funding for growth, according to data from Experian ...

US Corporates Step up Presence in Europe’s Credit Market - 2 March 2015

Europe, Middle East and Africa (EMEA) corporates made a positive start to the year as spreads rallied on optimism about the European Central Bank’s (ECB) €1.1 trillion sovereign bond-buying plan, reports Fitch Ratings ...

UK’s CBI Lobbies for Business Finance Ahead of Election - 2 March 2015

The incoming UK government after the May 7 election should make a British market for private placed debt a priority says the Confederation of British Industry, which suggests such a move could unlock as much as £15bn ...

UK Government to Enforce Prompt Payment Code - 27 February 2015

The UK government has said that it plans to enforce the country’s Prompt Payment Code (PPC) more rigidly, with companies in the public sector required to pay contractors and sub-contractors within a period of 30 days ...

Barclays to Allow Mobile Payments via Twitter in UK - 26 February 2015

Barclays has signed a deal with Twitter, making it the first UK bank to allow small businesses and consumers to make payments to each other using just their username on the social network ...

Renminbi Adopted for More Documentary Credit Transactions - 26 February 2015

Following the renminbi’s (RMB) recent breakthrough into the top five world currencies used in global payments, the Chinese currency is also being more widely adopted as the currency for documentary credit transactions ...

Etihad Partners with Citi on Supplier Initiative - 25 February 2015

United Arab Emirates (UAE) airline Etihad Airways said it will partner with Citi in an initiative to help support the region’s small businesses by strengthening cash flow to Etihad suppliers ...

UK Government Considers Tax Evasion Penalties - 25 February 2015

Advisers who “facilitate or encourage” tax evasion by companies or individuals should be prosecuted, according to chief secretary to UK Treasury Danny Alexander ...

Deflation Prospect Concerns European Credit Investors - 25 February 2015

European credit investors are increasingly wary of deflation, but are sceptical that the quantitative easing (QE) programme announced last month by the European central Bank (ECB) will help, according to Fitch Ratings ...

Survey of Swedish CFOs Finds Tempered Optimism - 24 February 2015

A survey of Swedish chief financial officers (CFOs), conducted by Deloitte and Nordic bank SEB, notes that despite headwinds from a still weak Europe, the Swedish economy is on the rise for the first time since 2011 ...