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Factoring: New Regulations Bring A Revolutionary Change in MSME’s Business

MNS Credit Management Group

Factors are obligated to register the details of every transaction or assignment of receivables in their favor under the Act. Conclusion: The Bill eliminates the 30-day period in which the factors must register the details of each transaction they enter. The Reserve Bank of India (RBI) will regulate.

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ARYZA GROUP SIGNS DEFINTIVE AGREEMENT TO ACQUIRE COLLENDA

Collenda

Aryza Holdings Limited (Aryza) has today announced it is accelerating its European roll-out through the acquisition of Collenda , a leading DACH and Benelux credit management software provider. Collenda provides an end-to-end integrated credit lifecycle platform for banks, corporates, and debt collection agencies.