{"id":9434,"date":"2026-06-23T11:51:08","date_gmt":"2026-06-23T10:51:08","guid":{"rendered":"https:\/\/www.alvantia.com\/finomnia-at-the-58th-annual-meeting-of-the-fci-shaping-the-future-of-working-capital-financing\/"},"modified":"2026-06-23T11:51:08","modified_gmt":"2026-06-23T10:51:08","slug":"finomnia-at-the-58th-annual-meeting-of-the-fci-shaping-the-future-of-working-capital-financing","status":"publish","type":"post","link":"https:\/\/www.alvantia.com\/en\/finomnia-at-the-58th-annual-meeting-of-the-fci-shaping-the-future-of-working-capital-financing\/","title":{"rendered":"Finomnia at the 58th Annual Meeting of the FCI: Shaping the Future of Working Capital Financing"},"content":{"rendered":"

From June 7 to 11, Lisbon hosted the 58th Annual Meeting <\/a><\/strong>of FCI<\/a><\/strong>, one of the leading international gatherings in the factoring and confirming industry. Under the theme \u201cDesigning the Future of Receivables Finance<\/em>,\u201d the event brought together financial institutions, industry experts, and technology companies to analyze the changes that are transforming working capital financing on a global scale. <\/span><\/p>\n

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Factoring and Confirming in a Changing Environment<\/h2>\n

Paulo Portas, former Portuguese Minister of Defense and former Deputy Prime Minister (2011\u20132015), delivered the event\u2019s opening address, in which he described the current international environment, which shapes the factoring business<\/strong>. Portas explained that we are not facing a new world order, but rather a true \u201cdisorder\u201d or deconstruction of the previous order: deadlock in the UN Security Council, the WTO lacking effective dispute resolution mechanisms, the absence of nuclear non-proliferation agreements, two active armed conflicts (Ukraine and the Persian Gulf), … The expert concluded that we are shifting from a rules-based system of alliances to a system of powers based on military force. <\/span><\/p>\n

This environment defines the risk context in which factoring clients operate, which was subsequently analyzed during the panel discussion moderated by our colleague Marco Gallina<\/strong>, titled \u201cFrom Demand to Delivery: Scaling the Two-Factor Model in a Complex Trade Finance Landscape\u201d: supply chain disruptions, rising energy costs, volatility in emerging trade corridors\u2026 In this context of growing uncertainty, risk management tools such as international factoring and the two-factor model<\/strong> are becoming increasingly valuable. <\/span><\/p>\n

Finomnia <\/strong>was also <\/strong>represented at the meeting by Jos\u00e9 Antonio Garrote,<\/strong> who <\/span>had the opportunity to participate in the roundtable discussion \u201cDigitalization & Making Factoring Popular,\u201d which was held in parallel with two other roundtable discussions: \u201cScaling the Two-Factor Model\u201d and \u201cConnecting Supply & Demand in Trade Finance.\u201d In the discussion among the different working groups, participants concluded primarily that: the two-factor model is a flexible framework capable of adapting to different clients and markets; trust between export and import factors remains the foundation of cross-border growth; and that education and simplification are the most important drivers for scaling the model in emerging markets. <\/span><\/p>\n

\"\"<\/a> \"\"<\/a><\/p>\n

The First Brands Case and the Importance of Digitization<\/h2>\n

One of the most interesting panels at the event was the one on fraud and digitization, during which experts presented the case of First Brands, a U.S. auto parts manufacturer that made extensive use of factoring and accounts receivable financing programs. Following the company\u2019s bankruptcy in 2025, a fraud scheme involving more than 9,000 million USD perpetrated by its founders came to light. <\/span><\/p>\n

In this case, classic fraud schemes were employed: inflation, forgery, double pledging, etc. However, it was the lack of a shared digital infrastructure that allowed these schemes to remain undetected for many years. The key lesson the industry must learn from this case is that the digitization of invoices and centralized records is not just about operational efficiency\u2014it is about mitigating systemic risk. <\/strong> <\/span><\/p>\n

Looking to the Future<\/h2>\n

The FCI Annual Meeting once again confirmed that the future of factoring and confirming lies in a combination of financial expertise, technology, and innovation.<\/span><\/p>\n

At Finomnia, we will continue to actively participate in the industry\u2019s leading international forums, sharing knowledge and supporting financial institutions as they evolve their business models and working capital financing solutions.<\/span><\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

From June 7 to 11, Lisbon hosted the 58th Annual Meeting of FCI, one of the leading international gatherings in the factoring and confirming industry. Under the theme \u201cDesigning the Future of Receivables Finance,\u201d the event brought together financial institutions, industry experts, and technology companies to analyze the changes that are transforming working capital financing<\/p>\n

Continue Reading<\/i><\/a><\/p>\n","protected":false},"author":13,"featured_media":9396,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[189,211,212,218,207,206],"tags":[],"class_list":["post-9434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alvantia-es-en","category-banca-en","category-confirming-en","category-eventos-en","category-factoring-en","category-tecnologia-en","not-single"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t