With “formal notice” provided to its clients that demand lengthier payment cycles, supply chain finance company Greensill said it has provided a last warning to firms that use its offerings to extend small business payment terms further than 30 days. The caution comes after reports that...
The International Chamber of Commerce met on Oct. 21 for a session that was called a set of “intense talks” to finalize the first set of standardized supply chain finance definitions. After nine hours of discussion, the 11-member group prepared the terms for an initial draft that’s expected...
