Welcome to the latest In-Sight!
In this edition, Çagatay Baydar welcomes us to speak about the several events hosted and changes that occurred in the last few months. He highlights the recent announcement of the 2023 World Factoring Statistics.
Neal Harm explains his first months as Secretary General and the critical role FCI has to play in developing the market.
In the Connect section, Betül Kurtulus explains the evolution of factoring in her region, the CEE, SEE, and the Middle East, as well as the recent launch of the MENA Regional Committee. Thompson Lui clarifies how to start developing a factoring business in a market with no experience by highlighting ten key attention points. Nassourou Aminou reports on the recent Regional Conference in Africa that covered factoring, receivables finance and credit insurance. Lin Hui gives the lead on what he suggests for the Factoring Chinese markets with the comparison with EVs. I am reporting on the 9th European Factoring Summit that took place in Vienna, organised with the EUF. Alberto Wyderka suggests rethinking the import factor role. The new member Raiffeisen Bank Ukraine is presented.
In the Education section, Aysen Çetintas reports on navigating the future of Supply Chain Finance as FCI Academy organise a masterclass on digitalisation and risk mitigation in collaboration with Schumann. Spyros Tsolis explains the importance of education and the support from Lendscape to help educate young professionals.
In the Influence section, Philippe Oberleitner describes the success story of factoring, especially in Germany. George Koukis explains the challenges and opportunities for factoring and SCF in the Middle East and North Africa. Rosanne Doyle speaks about the future of ABL risk management, as there is a need to automate to help mitigate risk and reduce fraud.
Finally, you can discover where FCI has been the last three months in FCI spreading its wings.
Enjoy the reading!