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A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt
As the trader’s peer Olam enjoys the financial benefits of promoting its ESG credentials, Noble’s slide into insolvency edges closer.
The development of the AEC is exciting, but many areas – particularly services and finance – will remain heavily protected.