At Trade Treasury Payments (TTP) headquarters, we sat down with Baldev Bhinder, Partner at Blackstone & Gold, to discuss the murky world of invoice financing fraud and how to stay ahead of it.
Against a backdrop of uneven economic recovery and supply chain fragmentation, we saw a recalibration of global trade in 2024
The recent collapse of invoice financing company Stenn, once valued at close to 1 billion dollars, in the wake of
The global factoring industry demonstrated steady growth in 2024, with total turnover reaching €3.89 trillion—a 2.7% increase from €3.79 trillion in 2023. These preliminary figures were released by FCI, the global representative network for factoring and financing of open account domestic and international trade receivables, during the BCR 25th Annual Receivables Finance International Convention (RFIx25) held in London on 21–22 May 2025.
Ten or so years ago, if a bank wanted to purchase invoices issued by a supplier (of goods or services)