PYMNTS

SEPTEMBER 25, 2018

Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The enhancement means third parties can more easily participate in a holistic risk mitigation strategy, Fusion noted.

Risk Management 73

Risk Management Risk Risk Mitigation Risk Assessment 73

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). We are committed to offering our customers solutions that go beyond risk transfer,” Zurich Global Head of Property and Energy Rob Kuchinski said in a statement.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

PYMNTS

JULY 24, 2020

So it’s not exactly surprising that supply chain risk mitigation efforts can fall by the wayside. “The pandemic and the economic impact of it are a double-whammy for SMEs when it comes to risk via the supply chain,” explained Jake Holloway , chief product officer at Crossword Cybersecurity.

Risk 70

Risk Due Diligence Risk Mitigation Mitigation 70

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. Supplier financial risks have declined over time, too. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

PYMNTS

OCTOBER 14, 2019

Supply chain risk never sleeps, and as global expansion becomes a more viable option for growing enterprises, so does the prospect of heightened risk exposure. On top of geopolitical factors, there are a slew of risks facing supply chains from many angles, as Resilinc Co-founder Sumit Vakil recently told PYMNTS.

Risk 53

Risk Risk Mitigation Innovation Mitigation 53

PYMNTS

APRIL 10, 2019

The State of Risk Oversight: An Overview of Enterprise Risk Management Practices ,” a new report released by the American Institute of CPAs ( AICPA ) and North Carolina State University’s Enterprise Risk Management ( ERM ) Initiative), surprisingly only mentions cyber risk a handful of times. Maturing Risk Strategies.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54

PYMNTS

OCTOBER 30, 2020

Exacerbated by the coronavirus crisis, supply chain risk is on the rise as more businesses struggle to remain viable in a volatile market. It's vital for businesses to understand where their risk blind spots are, however, and to strategically work with the business partners that can contribute to a more stable business ecosystem.

Risk 73

Risk Third Party Vendors Risk Management Risk Mitigation 73

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted. One is in assessing counterparty strength.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

PYMNTS

JANUARY 26, 2018

Enterprise transactions are full of friction and risk,” said CapLinked CEO Eric M. While Ripple and other decentralized technologies are addressing payments, the transfer of funds is only a small part of a B2B transaction.

Blockchain 62

Blockchain Transactions B2B API 62

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

MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. Most of the companies surveyed have mature FX risk mitigation solutions deployed in their enterprises, the research found. The bank said Thursday (Mar. The bank said Thursday (Mar.

Risk Mitigation 40

Risk Mitigation Risk Mitigation Treasury 40

PYMNTS

APRIL 26, 2018

The growing complexity of international supply chains inevitably adds complexity to risk mitigation and increases risk exposure to all players involved. Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time.

Risk Management 54

Risk Management Risk Risk Mitigation Mitigation 54

PYMNTS

DECEMBER 17, 2019

Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

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

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

JULY 28, 2020

” HashCash Enhances Risk Mitigation. In its Banking-as-a-Service offering, HashCash recently revealed strengthened risk mitigation capabilities within HashCash Consultants. The capabilities are there, but utilization has not reached the levels that we expected.”

FinTech 111

FinTech Risk Mitigation Mitigation eWallet 111

PYMNTS

NOVEMBER 11, 2016

When it comes to mitigating supplier risk, even the largest corporations are sometimes flying blind. But sophisticated data management does offer some predictability to vendor risk mitigation and supply chain management. Blake explained this as a “risk in purchasing.”

Risk 68

Risk Risk Mitigation Mitigation Risk Assessment 68

PYMNTS

JUNE 15, 2018

Barclays is collaborating with one of the graduates of its accelerator program to develop enhanced risk mitigation tools. In an announcement sent to PYMNTS, Barclays reported a partnership with Simudyne , a graduate of the Barclays Accelerator, to test new risk mitigation solutions. Venkatakrishnan in a statement.

Risk 40

Risk Risk Mitigation Mitigation Small Business 40

PYMNTS

JULY 15, 2019

Supplier risk and supply chain compliance company Sword GRC is collaborating with Brazil-based Procurement Garage to expand across Latin America, the companies announced in a press release Friday (July 12). Both buyers and suppliers are turning to technology to support their risk-mitigation efforts. China trade wars.

Risk 40

Risk Risk Management Risk Mitigation Best Practices 40

PYMNTS

JANUARY 30, 2019

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan.

Risk 57

Risk Risk Mitigation Small Business Underwriting 57

PYMNTS

MARCH 20, 2020

But lenders themselves, even industry incumbents, are also quickly recognizing the potential that unlocking data has not only on improving the SMB borrowing experience, but on significantly improving their own internal operations, particularly when it comes to risk mitigation. ” The U.S.’s ’s Open Banking Path.

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

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. Broadening Risk Mitigation. 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

NOVEMBER 17, 2020

Biz2Credit's technology can also enhance underwriting to mitigate risk even further for the financial institution (FI), it said. Targeting FIs, Nucleus Software has rolled out its latest technology with a focus on supply chain risk mitigation. An upgrade of its existing transaction banking offering, FinnAxia 7.5,

Finance 99

Finance FinTech Risk Mitigation Non-Bank 99

PYMNTS

JULY 27, 2020

Coupa , which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through a cloud-based platform, according to a press release.

Risk Management 60

Risk Management Risk Mitigation Risk Assessment 60

PYMNTS

OCTOBER 28, 2016

Whether through virtual payment technologies or faster payment initiatives, the B2B payments ecosystem has explored ways to accelerate the time it takes a buyer to pay its supplier. Others say late B2B payments are a reality, and instead, suppliers should access external financing to manage cash flow while they wait to get paid.

B2B 71

B2B Credit Cards Payments Same Day ACH 71

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. billion.

B2B 40

B2B FinTech Risk Mitigation PayPal 40

PYMNTS

APRIL 27, 2016

The conversation about exposure to FX risk continues to mount alongside the strengthening U.S. More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges. Where Treasurers Go Wrong.

Risk 40

Risk Risk Mitigation Mitigation Cross-Border 40

PYMNTS

JUNE 27, 2019

Employers that do not use faster, modern payment methods risk losing workers to competitors,” the Faster Payments Tracker concluded. It’s not just the largest enterprise and treasury departments weighing their opportunities in faster payments, though. However, faster payments adoption has introduced new challenges for corporates, too.

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 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. Finland’s Enfuce announced more than $11 million in new funding for its B2B financial services offerings, with Maki.vc leading the investment.

B2B 43

B2B FinTech Cross-Border Payments Payroll 43

PYMNTS

DECEMBER 5, 2018

The firm released its “Data Risk in the Third-Party Ecosystem” study last month, and found that 59 percent of more than 1,000 executives surveyed said they had experienced a data breach as a direct result of a cyberattack on a vendor or other third-party partner. But the cyber risk is new.”

Risk Mitigation 76

Risk Mitigation Security Data Breach FinTech 76

PYMNTS

JULY 17, 2019

Financial institutions are in a constant balancing act: open up access to capital for borrowers to promote economic growth and financial inclusion and mitigate against the risk exposure lending produces — sometimes with disastrous implications for the global economy.

Risk 52

Risk Compliance Risk Mitigation Mitigation 52

PYMNTS

AUGUST 21, 2019

This is the second recent agreement for SAP Ariba, which announced last month that it had signed a deal with Tokyo Shoko Research, a Japan -based commercial database, to strengthen its supply-chain risk mitigation offerings.

B2B 46

B2B Risk Mitigation Database Payments 46

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

SEPTEMBER 6, 2017

But though there is evidence treasurers are stepping up to the plate, the research finds that not only are there ongoing risks that treasurers must address, many are not adequately doing so. Ninety percent agreed that the treasurer holds an important role as a “steward for risk management for the company.”.

Risk 43

Risk Treasury Treasury Management Risk Management 43

PYMNTS

JANUARY 5, 2017

Enabling better management of aspects of procurement , like intake, means businesses don’t have to miss out on deals with suppliers, which, according to Garber, is becoming a critical piece of the procurement puzzle as supplier management becomes a way to mitigate risk and take advantage of early payment discounts.

Risk 41

Risk RFP Risk Mitigation Mitigation 41

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

MAY 19, 2016

Risk mitigation is often thought of in the context of FX volatility and global trade. FX risk management has historically been managed separately from commodity risk management in the organization, according to OpenLink in its newest whitepaper, “ The New Horizon in Treasury Management for Commodity Intensive Corporates.”.

Risk 40

Risk Treasury Management Treasury Risk Management 40