PYMNTS

SEPTEMBER 20, 2016

million seed funding round in support of its cloud-based invoice financing solution for SMEs, reports said on Monday (Sept. DueCourse is built on its own risk mitigation technology. Its risk model decides whether an SME is eligible to receive invoice financing, as well as the cost of that loan. million in July.

Finance 74

Finance Risk Mitigation Small Business Mitigation 74

PYMNTS

JANUARY 18, 2019

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. While that characteristic can be an argument for why it is imperative that B2B commerce goes digital, it’s also one of the biggest reasons why the industry is struggling to make progress.

B2B 78

B2B Blockchain B2C Use Case 78

PYMNTS

APRIL 9, 2019

While use of trade finance continues to climb, the International Chamber of Commerce ‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower segment.

Finance 63

Finance Risk Mitigation Underwriting Mitigation 63

PYMNTS

JANUARY 26, 2018

Companies can deploy the protocol via application program interface (API), CapLinked explained in a blog post , to secure transactions and data surrounding key enterprise deals like M&A, licensing, financing and more. Enterprise transactions are full of friction and risk,” said CapLinked CEO Eric M.

Blockchain 62

Blockchain Transactions B2B API 62

PYMNTS

JANUARY 7, 2021

trillion gap in available trade finance that hampered their ability to grow. Now, with survival on the line for many companies, the urgency to close the trade finance gap has grown. By nature, he recently told PYMNTS, trade finance is a cross-border industry involving an array of collaborators. A Digitization Path.

Finance 70

Finance Risk Mitigation Mitigation Cross-Border 70

PYMNTS

SEPTEMBER 15, 2020

Although they are vastly different beasts, shifts in the consumer payments ecosystem have significantly impacted the flow of B2B payments. In such a complex payments ecosystem, merchants have identified the value in diversifying their risk through embracing multiple solution providers partners, including multiple banking services providers.

Service Provider 119

Service Provider Payments Risk Acquirers 119

PYMNTS

MARCH 20, 2020

But Michael Ellis, head of commercial at Equiniti Group’s EQ Riskfactor , said the market is also quickly discovering that lenders themselves can benefit from unlocking data to improve SMB financing operations, and the U.K.’s A Win-Win for Banks and SMBs. ” The U.S.’s ’s Open Banking Path.

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

PYMNTS

NOVEMBER 10, 2017

Alternative small business lender Ultimate Finance is adding a new product to its offering built on Big Data and risk mitigation technologies. As covered in news reports by Asset Finance International on Thursday (Nov. 9), Ultimate Finance, based in the U.K.,

Finance 40

Finance Risk Mitigation Mitigation B2B 40

PYMNTS

SEPTEMBER 7, 2018

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. One startup, Colombia’s Portal Finance, also signals investors’ appetites for multitasking B2B FinTech startups.

Finance 46

Finance Underwriting Risk Mitigation B2B 46

PYMNTS

OCTOBER 3, 2019

Prophix is another company that recently rolled out its own addition to the B2B virtual assistant space, having launched its Virtual Financial Analyst for middle-market finance departments. Virtual assistants allow for finance professionals to interact with the technology in a conversational, human way. Balancing Risks.

Privacy 55

Privacy Finance Third-Party Service Provider B2C 55

PYMNTS

MAY 17, 2018

Together, the entities have formed a network to pilot Finacle Trade Connect, the firm’s trade finance process management tool for lenders. Infosys Finacle first announced its blockchain trade finance solution for banks last year after 11 banks participated in trials.

Finance 49

Finance Blockchain Risk Mitigation Mitigation 49

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices.

Finance 40

Finance Risk Mitigation Small Business Mitigation 40

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

PYMNTS

JULY 23, 2019

According to the publication, citing reports from Beijing media group Caixin Media, banks will be required to obtain primary, original documentation from the corporate borrower and its trading partner to stronger finance underwriting. for Finance and Development’s Deputy Director Zeng Gang in an interview with China Daily.

Finance 51

Finance Disputes Verification Underwriting 51

PYMNTS

AUGUST 21, 2019

As a result of the partnership, by the end of this year, buyers using Ariba Network will be able to manage their payments and supply chain finance needs with the SAP Ariba digital platform. Also, suppliers will be able to receive faster access to financing and foreign exchange via Standard Chartered’s global network.

B2B 46

B2B Risk Mitigation Database Payments 46

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. B2B payments market. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Automation 83

Automation Payment APIs and Integration B2B Accounts 83

PYMNTS

JUNE 12, 2018

billion from its early investments in B2B FinTech, according to Forbes reports Monday (June 11). But the companies that secured early investments from Index Ventures are also operating in the B2B FinTech realm, showcasing the rising popularity of enterprise-targeting companies with investors.

B2B 40

B2B FinTech Risk Mitigation PayPal 40

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. With new funding, ProcMart said it will continue to collaborate with FinTech and logistics companies as it looks to add financing and other services for its business customers.

B2B 40

B2B Cybersecurity Risk Mitigation Finance 40

PYMNTS

NOVEMBER 10, 2017

B2B FinTech enjoyed more time in the spotlight with investors this week as companies around the globe — ranging from eProcurement to small- and medium-sized business (SMB) accounting to supply chain management startups — secured fresh funding to support growth. B2B payments. Alternative Lending. Kinara Capital.

Finance 40

Finance B2B Online and Mobile Banking Small Business 40

PYMNTS

NOVEMBER 22, 2019

However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena. million as it prepares to launch its lending-in-a-box offering, according to Asset Finance International. Also in the U.K., Funding Xchange secured $10.3

B2B 43

B2B FinTech Cross-Border Payments Payroll 43

PYMNTS

JUNE 24, 2019

In a press release , Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized businesses (SMBs). BlueTarp targets SMBs with accounts receivable management, cash flow tools, risk mitigation solutions and trade credit financing offerings.

Acquirers 51

Acquirers B2B Risk Mitigation Large Merchants 51

PYMNTS

AUGUST 17, 2018

B2B FinTech is undoubtedly a hot spot for venture capitalists (VCs) this year. However, this summer, a different kind of B2B startup has captured investors’ attention. Cloud-based risk and auditing management provider AuditBoard raised $40 million in Series B funding, announced this week, led by Battery Ventures.

B2B 40

B2B Audit Risk Mitigation Blockchain 40

PYMNTS

JULY 23, 2019

Tokyo Shoko Research, a Japan -based commercial database, has signed an agreement with SAP Ariba in the latter’s effort to strengthen its supply chain risk mitigation offerings. million Japanese companies to augment its SAP Ariba Supplier Risk solution, the companies said in a press release Monday (July 22).

Risk 47

Risk Risk Mitigation Payment APIs and Integration Database 47

PYMNTS

FEBRUARY 11, 2020

And the banks that finance these transactions must trust that what business partners say will happen, has actually happened. Lee Tarone, CEO and founder of trade finance and payments platform Envoy , says a lack of trust continues to hamper the industry’s ability to address the ongoing $1.5

Finance 53

Finance Technology Cross-Border Distributed Ledger Technology (DLT) 53

PYMNTS

JANUARY 22, 2019

Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes. ” Even so, only 11 percent of companies surveyed have integrated AI within their finance functions.

AI 77

AI Finance Risk Mitigation Accounts 77

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43

Finance Risk Mitigation Risk Non-Bank 43

PYMNTS

JUNE 14, 2019

trillion in trade finance availability in the global economy today. Banks’ risk appetite has lowered, while regulations, some financial institutions argue, have forced financiers to reallocate resources to compliance and risk mitigation efforts, draining the trade finance pot.

Finance 40

Finance Payment APIs and Integration API Mitigation 40

PYMNTS

MARCH 23, 2020

After a long period of pulling back, lenders are finally beginning to find value in financing small- and medium-sized businesses (SMBs). But after years of finding SMBs too unprofitable to finance, lenders have to play catch-up to develop better underwriting processes for greater accuracy and efficiency.

Underwriting 75

Underwriting Risk Assessment Risk Mitigation Mitigation 75

PYMNTS

MARCH 8, 2019

Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). Risk management is about identifying, assessing and controlling risk from an operational level and making decisions to balance the benefits,” she said.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

PYMNTS

AUGUST 23, 2017

Business intelligence company CubeLogic has announced its support for Trade Credit Insurance as part of an overall risk mitigation strategy. ” The company noted while it supported the use of Trade Credit Insurance, the tool should not be used as a replacement for broad risk mitigation strategies.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Risk Management 40

PYMNTS

JUNE 20, 2017

The importance of this has never been clearer, as it has been proven to enable greater efficiency, better decision making and real savings through cash, collateral and financing optimization.”. There are several ways heightened data management can yield more effective risk mitigation , Hazeltree noted.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

PYMNTS

OCTOBER 7, 2016

Lending has become one of the largest benefactors of this trend, with alternative lenders once viewed as competitors to the banks now working with them to strengthen financing options for SME borrowers. But it’s not necessarily a new phenomenon. Baker Hill has spent decades providing loan origination services to its bank clients.

Origination 78

Origination Underwriting Third-Party Service Provider Risk Mitigation 78

PYMNTS

MARCH 5, 2018

Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side). Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis.

Risk 42

Risk Cross-Border Non-Bank B2B 42

PYMNTS

MAY 30, 2016

Rising corporate finance metrics don’t always mean good news. 947 billion worth of corporate loans has been provided by Wells Fargo , a figure greater than loans financed by Bank of America or JPMorgan Chase. The numbers are on the up this week! But don’t let that fool you. trillion worth of payments passed over the U.K.

Finance 40

Finance SWIFT Push-to-Card Treasury 40

PYMNTS

FEBRUARY 20, 2020

This week’s exploration of the latest in bank-FinTech collaborations and data integrations finds an opportunity for accounting portals to drive customer loyalty through data connectivity, while lenders embrace strengthened risk mitigation by looping directly into borrower data. Plus, a major U.S. As the U.S.

Accounts 87

Accounts Small Business Agreements Risk Mitigation 87

PYMNTS

NOVEMBER 15, 2016

But for lenders in this space, the B2B payments behaviors of these firms can make risk mitigation and creditworthiness assessments particularly challenging — especially today. While it’s been done before for SMEs, Baysal said the trend is slowly creeping into the large enterprise financing segment.

Cash Management 65

Cash Management Risk Mitigation B2B Disputes 65

PYMNTS

JUNE 3, 2020

.” LiquidX Links Banks To Trade Finance Tech. Trade finance technology firm LiquidX recently announced an initiative to white label its technology for corporate banks to offer the platform to their own business customers.

FinTech 68

FinTech Remote Deposit Capture API Payer 68