English
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.
Lloyds Bank has released a new publication, Navigating a Volatile World, outlining how UK corporates are adjusting to ongoing macroeconomic uncertainty, shifting trade dynamics, and competing operational priorities.
Finastra, a financial services software company, has reached an agreement to sell its Treasury and Capital Markets (TCM) business to an affiliate of Apax Partners LLP, a private equity advisory firm.