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PrimeRevenue , which works in working capital finance solutions, has been granted a patent for supply chain finance (SCF) systems, allowing it better capabilities for digital financing and letting it eliminate Uniform Commercial Code (UCC) waiver requirements, according to a press release.
Middesk data is continuously refreshed, ensuring that banks are decisioning on accurate and most up-to-date business data. Streamline the underwriting process with comprehensive risk signals by automatically retrieving lien (UCC & tax), litigation, and bankruptcy data on a business.
” Employee education is paramount in this regard, she continued: Don’t open suspicious emails or click suspicious links. Under the Uniform Commercial Code (UCC), Peace explained, banks compensate their consumers for any fraud-related losses (with some exceptions). That’s the reality: Every system can be compromised.”
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