PYMNTS

JULY 26, 2019

Lloyd’s syndicate Beat Syndicate 4242 is collaborating with trade finance solution provider Previse to underwrite those invoices financed by third parties so suppliers can get paid more quickly, according to a Thursday (July 25) press release. Beat Syndicate will underwrite pre-approval invoice payments for an unnamed large U.K.

Underwriting 40

Underwriting B2B Instant Payments Risk 40

PYMNTS

JUNE 17, 2020

Today, B2B payment terms are in dramatic flux, while supply chain disruptions have led to bottlenecks that leave some vendors in short supply of cash. As such, trade finance will be an important piece of the global recovery puzzle. The first and most obvious risk is credit risk, or the risk that a business will fail to repay financing.

Finance 68

Finance Mitigation B2B Underwriting 68

PYMNTS

APRIL 23, 2019

The idea started in the B2C world, but it wasn’t long before online sellers were asking about its use for B2B — at least, according to Chris Tsai, co-founder and CEO of Resolve , in a new PYMNTS interview. B2B Version. B2B, in some respects, is the stubborn mule of the digital economy. trillion by 2020.

B2B 91

B2B Payments Point-of-Sale (POS) Underwriting 91

PYMNTS

MARCH 10, 2020

Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. Mathur emphasized that an augmented data collection approach can do more than simply connect SMBs to capital when they cannot access bank financing.

Underwriting 77

Underwriting Small Business Value Added Service Non-Bank 77

PYMNTS

MARCH 13, 2020

Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their risks and drawbacks, and today, criticism continues to mount for certain invoice financing tactics in particular. An Alternative To Factoring.

Finance 69

Finance Payment APIs and Integration Due Diligence Underwriting 69

PYMNTS

OCTOBER 19, 2020

So said that in a traditional screening process, SMEs “would send PDFs of bank statements or PDFs or their audited or unaudited financials, and banks [would] take weeks to underwrite. And the cost of underwriting a large borrower vs. a small SME was virtually the same.”. Information Asymmetry.

AI 120

AI B2B Underwriting Non-Bank 120

PYMNTS

JANUARY 25, 2019

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. CapX noted that Moody’s Analytics’ tool addresses the pain point of lack of access to historical data on small businesses seeking financing.

Underwriting 43

Underwriting Small Business Risk Mitigation Underserved 43

Fintech Finance

JUNE 26, 2024

In her new role, she will oversee the entire product portfolio and deliver on a customer-centric vision for transforming AR and B2B payments. Building a sustainable company requires not only great products but also a deep customer obsession that ensures a best-in-class experience from underwriting to implementation to support.

Product 98

Product Underwriting Payments B2B 98

Fintech News

FEBRUARY 8, 2024

In terms of the number of deals, both financing and M&A have remained more resilient compared to the volume. Moreover, early-stage financing in the Middle East, as demonstrated by the Islamic-oriented crypto assets exchange Haqqex, further illustrated the global confidence in fintech’s potential. Ushering in Insurtech 2.0

FinTech 106

FinTech Embedded Finance B2B Volume 106

PYMNTS

DECEMBER 15, 2020

Considering the complexities of B2B transactions , cash is not a sustainable method of moving funds from a retail buyer to a cannabis brand distributor or wholesaler. But there are other pain points in B2B payments for the legal cannabis market, according to Doug Gordon , executive vice president and head of LeafLink Financial.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

Finovate

JANUARY 16, 2024

B2B payments and invoicing network TreviPay launched its Universal Acceptance solution. The technology will enable suppliers to offer trade credit financing to qualified buyers. Courtesy of a partnership with Mastercard , B2B payments and invoicing network TreviPay launched its Universal Acceptance solution this week.

Visa 59

Visa Payment APIs and Integration Gateways B2B 59

Fintech News

FEBRUARY 8, 2024

In terms of the number of deals, both financing and M&A have remained more resilient compared to the volume. Moreover, early-stage financing in the Middle East, as demonstrated by the Islamic-oriented crypto assets exchange Haqqex, further illustrated the global confidence in fintech’s potential. Ushering in Insurtech 2.0

FinTech 108

FinTech Embedded Finance B2B Volume 108

Fintech News

SEPTEMBER 4, 2024

These companies, which represent countries such as Malaysia, the Philippines and South Korea, are tackling challenges in sectors such as lending, banking, and business finance, leveraging innovative business models and cutting-edge technologies to boost efficiency and enhance accessibility across the financial services industry. With a US$6.6

FinTech 112

FinTech Cross-Border Payment APIs and Integration Credit Cards 112

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

SEPTEMBER 21, 2020

Decades ago, asset-based finance developed a nasty reputation. As a financing tool that requires business owners to place valuable assets — whether working capital or physical — up for collateral, asset-based financing (ABF) was often viewed as a solution to a dire problem when no other options were available.

Finance 102

Finance Underwriting Compromise Adjustments 102

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 Risk Mitigation Underwriting B2B 46

The Fintech Times

APRIL 23, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. As the space rapidly develops, we look to highlight the latest developments, initiatives and challenges embedded finance has to offer and overcome across the globe.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration Governance 59

Fintech Finance

JUNE 21, 2024

Gynger , the first embedded financing platform for technology purchases, announces that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. We are building the future of flexible financing for all technology.

PayPal 98

PayPal Embedded Finance Finance On-Demand 98

PYMNTS

OCTOBER 20, 2016

And, as the growth of B2B cCommerce grows, each business prefers to pay on its own terms, which can cause some upset in doing business. Founded in 2013, Minnesota-based Apruve is aiming to become the industry standard platform for B2B credit management. But we’ve found some great banking partners to help us underwrite our platform.”.

B2B 73

B2B Underwriting Credit Risk Payments 73

PYMNTS

NOVEMBER 28, 2018

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB). This week, the company announced the launch of its B2B payments network, which allows a small business to turn a check payment into usable funds via prepaid card. CONEXT is looking to do a bit of both.

B2B 67

B2B Small Business Checks Payments 67

PYMNTS

JUNE 25, 2020

But even with predictable income, cash flow management can be a challenge for any Software-as-a-Service (SaaS) company, and according to Pipe Co-founder and Co-CEO Harry Hurst , current financing options for SaaS firms remain less than ideal. Couple that with the cost of customer acquisition, and the need for external financing can spike.

Finance 56

Finance B2C Mitigation On-Demand 56

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. Portal Finance. In one of the largest investment rounds of the week, Colombia’s Portal Finance announced $200 million for its lending solution for banks.

B2B 43

B2B FinTech Point-of-Sale (POS) Small Business 43

PYMNTS

JANUARY 10, 2020

has announced a takeover that will position the company to strengthen its financing operations in the middle market. The deal also sees Aflac Global Investments committing up to $3 billion to Varagon to finance loans over several years. Aflac Global Investments, the AFL asset management unit of Aflac Inc.,

Finance 52

Finance Underwriting Acquirers Research 52

PYMNTS

OCTOBER 21, 2019

Providing consumers with sufficient supports can address these potential obstacles and speed up loan underwriting timelines, benefiting both borrowers and lenders. Organizations working to alleviate those pains need to ensure they can boost underwriting speed while carefully protecting consumers’ and FIs’ safety.

Underwriting 41

Underwriting Consumer Due Diligence Assessments 41

PYMNTS

DECEMBER 10, 2018

B2B eCommerce platform 3dcart is integrating payments functionality into its offering through a new partnership with Apruve. According to 3dcart, net terms are used in 80 percent of B2B transactions allowing companies to wait 30 or 60 days to pay for goods after being invoiced. A press release issued Friday (Dec.

B2B 59

B2B B2C Payments Credit Limit 59

PYMNTS

JANUARY 10, 2020

has announced a takeover that will position the company to strengthen its financing operations in the middle market. The deal also sees Aflac Global investments committing up to $3 billion to Varagon to finance loans over several years. . Aflac Global Investments, the AFL asset management unit of Aflac Inc.,

Finance 52

Finance Underwriting Acquirers Research 52

PYMNTS

JUNE 7, 2019

However, if SMBs’ access to capital is small, startups’ struggle to gain financing is even narrower if an entrepreneur decides to not sell a portion of the company in return for venture capital. According to Lackland, angel investors and venture capitalists are often the only options for startups in need of financing to grow.

Finance 51

Finance Underwriting Non-Bank Risk 51

PYMNTS

OCTOBER 4, 2019

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. See all of the latest B2B fundraises below. FunBox works with other lenders to underwrite financing to self-employed, small merchants and new-to-credit customers, reports said. SaaSOptics.

B2B 51

B2B Payment APIs and Integration Participant Small Business 51

PYMNTS

JANUARY 8, 2021

Even so, small business lenders are headed toward their own challenges when underwriting financing. Lenders need to embrace the opportunity to collaborate with the small businesses they are financing in order to gain better visibility into that company's performance. A Collaborative Spirit.

Finance 92

Finance Small Business Credit Union Shutdown 92

PYMNTS

JULY 25, 2019

The world of B2B payments can be a somewhat lopsided place to navigate — a reality incredibly apparent in looking at the difference in payments terms that larger, more established companies with thicker profit margins get when compared to their smaller, newer and thinner-margined counterparts.

Finance 53

Finance Risk Assessment B2B Underwriting 53

PYMNTS

NOVEMBER 5, 2019

trillion gap in available trade finance is both concerning (particularly to small and medium-sized businesses [SMBs] struggling to access financing to expand across borders), as well as enticing to technology innovators seeking ways to fill a portion of that demand. ” A New Approach To Underwriting. . However, the $1.5

Finance 41

Finance Underwriting On-Demand Risk 41

PYMNTS

JANUARY 2, 2020

Trust in B2B eCommerce is critical for both buyer and suppliers, and as more businesses demand to conduct trade online, B2B eCommerce platforms like Alibaba are positioning themselves as facilitators of this buyer-supplier trust. But as Onan pointed out, Alibaba is focusing on small business buyers as well as sellers.

B2B 48

B2B Cross-Border Small Business Mitigation 48

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

DECEMBER 20, 2018

OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. 19) OnDeck said it will introduce equipment finance loans to certain U.S. In addition to the new product, OnDeck also announced that Mark Erickson joined the company to become its vice president of equipment finance. “I

Finance 52

Finance Small Business Origination Underwriting 52

PYMNTS

AUGUST 20, 2019

Skipton Business Finance is putting up £40 million ($48.5 Skipton Business Finance is proud to be offering this amount of money for recruitment businesses,” Managing Director Greg Bell told BDaily News. . AR financing can provide the working capital necessary to stay afloat while a company builds up revenue streams.

Finance 46

Finance Underwriting Small Business Process 46

PYMNTS

FEBRUARY 26, 2019

Designed as a solution to support cash flow management for online commerce companies, Capital Advance provides access to working capital financing for businesses selling online. Capital Advance is an extension of Payoneer’s Early Payments solution, which rolled out in 2017 as the company’s first step into seller financing.

Finance 56

Finance Underwriting Payment Solutions Risk 56

PYMNTS

APRIL 16, 2020

Plaid is unlocking payroll data to ease access to federal financing. Designed to streamline the SMB loan distribution cycle, the lending-as-a-service tool integrates compliance controls with customizable business controls, while Plaid is enabling data integrations across a range of sources to bolster lenders’ underwriting processes.

Finance 67

Finance Payment APIs and Integration Cross-Border Payments Cross-Border 67