ETR Digital and Faturalab Launch a Smarter Way for Companies to Free Up Cash from Supply Chains
London & Istanbul, October 9th 2025 Faturalab and ETR Digital are proud to announce a partnership that unites their missions to advance digital innovation that enhances global supply chain finance. This new collaboration combines Faturlab’s award-winning supply chain finance solutions with ETR Digital’s Working Capital Notes™. By integrating these highly secure digital instruments into Faturalab’s platform, businesses can now convert verified supply chain finance data and documentation into instant, legally recognised payment instruments. As such, businesses can access liquidity faster, improve their cash conversion cycles, and tap into both bank and non-bank funding – without complex onboarding or system changes. The partnership is built on real-time trade information, including verified invoice data, all of which are captured through the Faturalab platform. These trusted data points serve as the foundation for issuing Working Capital Notes™ (which are secure, fully digital payment instruments, such as bills of exchange and promissory notes) through ETR Digital’s technology. Roger Hynes, Co-Founder and COO, ETR Digital, comments: “This partnership is about delivering what global supply chains have needed for a long time – real-time access to finance, based on actual trade flows. By combining Faturalab’s robust technology and user friendly interface with our Working Capital Notes™ and a deep pool of funders, we’re giving businesses a simple, scalable way to optimise their working capital. This will help them grow, invest, and move faster.” Emre Aydin, CEO of Faturalab, says: “This is a very important step in Faturalab’s journey to help companies optimize their working capital across both receivables and payables. Our platform already enables businesses to act as both buyers and sellers, using their approved electronic invoices as digital, financeable assets for Financial Institutions. With this partnership, we’re proud to expand into international trade finance—empowering our customers to meet their cross-border working capital needs with greater flexibility and reach.” By bringing physical and financial supply chain data into a single, streamlined process, ETR Digital and Faturalab are helping businesses unlock working capital exactly where and when they need it. In turn, this will enable supply chains to operate more efficiently, with lower financing costs, stronger liquidity positions, and greater resilience to market shocks. About ETR Digital ETR Digital specialises in improving cash conversion cycles for corporations and financial institutions by utilising newly legislated Digital Negotiable Instruments (DNIs). Their Working Capital Notes™ help companies enhance liquidity, reduce operating costs, and improve EBITDA by optimising working capital. ETR Digital also supports clients in improving credit ratings and complying with IFRS and ESG standards, while offering automation to increase process efficiency by up to 80%. Their technology delivers tangible results with no implementation costs and scalable solutions for global operations. About Faturalab Faturalab is a fintech platform that has already facilitated over £3 billion in financing for its members, transforming how companies manage working capital. By turning approved electronic invoices into financeable digital assets within a multi-bank marketplace, Faturalab enables seamless access to liquidity for both buyers and sellers. Through strategic partnerships with financial institutions, the platform empowers businesses to unlock cash flow and streamline operations. With its latest expansion into international trade finance, Faturalab now supports cross-border working capital needs—making global transactions more agile, transparent, and financially efficient. Also Read Join our Treasury Community Treasury Masterminds is a community of professionals working in treasury management or those interested in learning more about various topics related to treasury management, including cash management, foreign exchange management, and payments. To register and connect with Treasury professionals, click [HERE] or fill out the form below.
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Why VoP is not enough: false matches, delayed payments, and the real risks Treasurers will face starting Oct 9th
Disclaimer: This article was prepared by Benjamin Defays in his personal capacity. The opinion expressed in this article is the author’s own. On October 9th, a quiet revolution begins in European payments. The Verification of Payee (VoP) regulation will come into force, requiring over 3,000 Payment Service Providers (PSPs) across the Eurozone to verify the match between a beneficiary’s name and their bank account before executing SEPA payments. If you’re a corporate treasurer, this should raise a critical question: Is your master data ready? Because if it’s not — or if your beneficiary’s bank relies on outdated or incorrect information — you may soon face payment delays, operational disruptions, and a flood of false fraud alerts. But VoP is more than a compliance requirement in my view. It’s a strategic opportunity to strengthen your payment security ecosystem. And it’s also a risk — if you rely on it blindly. What is VoP and why it matters VoP is designed to reduce fraud and errors by verifying the pairing between a beneficiary’s name and their IBAN before a payment is executed. For SEPA single payments (pre-authorised or not), and for any payment made from a banking platform, this verification will be mandatory. For pre-authorised SEPA bulk payments, corporates can choose to opt in or out. The regulation introduces four possible outcomes for each verification: This approach is not entirely new. The UK has already implemented a similar system known as Confirmation of Payee (CoP) several years ago, which has proven effective in reducing payment fraud. VoP builds on this model, aiming to bring similar protections to the Eurozone, though with some differences in scope and implementation. While this sounds straightforward, the operational implications are significant. A single mismatch in a bulk payment file could block the entire batch, depending on your bank’s processing logic. The Risks of Inaction Treasurers who fail to prepare for VoP may face: And perhaps most critically: VoP does not protect you from fraud that has already infiltrated your systems. VoP’s Limitations: Why it’s not enough While VoP is a step forward, it is not bulletproof. Key limitations include: Strengthening your defenses beyond VoP To truly secure your payments, treasurers must go beyond VoP and implement robust internal controls. This starts with strictly followed procedures to independently validate a beneficiary bank account, complemented by a comprehensive & ongoing audit and clean-up of your ERP and TMS master data. Third-party bank account validation platforms offer a powerful complement to VoP. These platforms: These platforms can integrate seamlessly with your ERP and TMS, creating a secure and automated payment ecosystem that minimizes manual intervention and maximizes fraud prevention. Recommendations for Treasurers To prepare for VoP and enhance your fraud defences: To conclude, VoP is not just a regulatory hurdle — it’s a catalyst for better controls, cleaner data, and stronger fraud prevention. Treasurers who act now will not only avoid disruption but also elevate their organization’s financial security maturity. In a world where fraud is increasingly sophisticated, proactive validation and layered controls are no longer optional. They are essential. Also Read Join our Treasury Community Treasury Mastermind is a community of professionals working in treasury management or those interested in learning more about various topics related to treasury management, including cash management, foreign exchange management, and payments. To register and connect with Treasury professionals, click [HERE] or fill out the form below to get more information. Notice: JavaScript is required for this content.