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"FACTORS AND ACTORS»: A REFERENCE BOOK TO PROMOTE FACTORING

Patrick de Villepin, chairman of the ASF’s Factoring Committee (the French Association of Specialized Finance Companies), a founding member of the EU Federation(EUF), has published a book called "Factors and Actors". Its aim is to promote global awareness of the factoring industry and this collaborative work brings together thoughts and analysis from 37 experts from 15 different countries, including historians, professionals and several EUF members.  The book spans the past, present and future of the factoring business from both historical and technical perspectives. It also includes a chapter on the EUF itself.

 "Factors and Actors" is structured around several key themes:

  • How to support companies in their international growth?
  • What is the future for factoring?
  • What transformation is required for a Factoring 2.0?
  • What will invoices look like in 10 years’ time?

"Factors and Actors" was launched at the 50th anniversary meeting of FCI, the World Factoring Association which brings together 400 factoring companies from 90 countries.

Marking the occasion, Patrick de Villepin said "Today, factoring is at a crossroads. With the emergence of fintechs, new risks linked to cybersecurity and the challenges of digitization, we have constantly to innovate to better meet companies’ needs and to support international trade. This collective work provides useful ideas for all sector stakeholders around the world".

Patrick de Villepin (Ed.), Factors and Actors, A Global Perspective on the Present, Past and Future of Factoring, Brussels, Peter Lang, 2018, 434 pages.

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