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Late payment by UK public sector “violates regulations”

Almost two-thirds of UK engineering services firms were not paid within 30 days by public sector bodies in Q2 this year, in violation of government rules.

Aldi cuts payment terms for smallest suppliers to 14 days

The UK and Ireland arm of supermarket group Aldi has said it is cutting payment terms to its smallest suppliers to 14 days. More than 400 suppliers are expected to benefit.

Wells Fargo names new head of supply chain finance

Wells Fargo Capital Finance appoints former Dublin chief Holly Kaczmarczyk as head of the supply chain finance group.

Greensill Capital recruits Pooles from Transport for London

Greensill Capital has recruited treasury expert Robert Pooles from its client, Transport for London, to take on the role of director, origination.

HSBC partnership with GT Nexus to offer SCF in US

Supply chain management platform GT Nexus and HSBC agree partnership to provide supply chain finance programmes for the bank's US clients.

Taulia unveils ‘Polaris’ artificial intelligence SCF platform

Taulia has announced a supply chain finance platform that uses artificial intelligence to help buyers and sellers optimise payment times.