PYMNTS

MARCH 10, 2020

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge.

Underwriting 77

Underwriting Small Business Value Added Service Non-Bank 77

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). The average value of late payments for each small to medium-size business (SMB) is estimated to be $21,000, the company said.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

PYMNTS

JANUARY 27, 2020

Entrepreneurs today have more choices than ever before as to how and where they access financing, but in many ways, that journey to capital hasn’t gotten any easier. Much of that financing, however, is facilitated through inefficient processes that can heighten costs, limit transparency for borrowers, and increase risk for lenders.

Small Business 62

Small Business Point-of-Sale (POS) Finance Facilitators 62

Fi911

FEBRUARY 29, 2024

In today’s digital marketplace, where online transactions form the backbone of commerce, it’s imperative for professionals in banking and finance to grasp the essentials of documents and tools that facilitate these seamless and secure exchanges. It facilitates operational excellence, risk mitigation, and regulatory compliance.

VARS 68

VARS Payment APIs and Integration Regulatory Compliance Gateways 68

PYMNTS

JULY 12, 2019

Euler Hermes has made a strategic investment in FinTech APiO , reports this week said, as well as a collaboration that will see the companies develop the ApiO.EarlyPay solution to connect small businesses with faster financing. Today’s market conditions can change in the blink of an eye,” he said.

Small Business 40

Small Business Risk Mitigation Mitigation Risk 40

PYMNTS

NOVEMBER 10, 2017

The company announced $220 million in equity and debt financing this week, with its Series B-plus round led by the Alibaba Hong Kong Entrepreneurs Fund, the World Bank International Finance Corporation and Credit Suisse, reports in TechCrunch said. The funding comes nearly two years after a $160 million Series B funding raise.

Finance 40

Finance B2B Online and Mobile Banking Small Business 40

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

FEBRUARY 9, 2019

Small businesses are often called the lifeblood of the economy. As it were, cash flow is the lifeblood of the small business – and many firms are struggling. Having the right partners and tools in place to create proactive risk mitigation strategies makes that possible.” 52 percent of U.S.

Small Business 49

Small Business Risk Mitigation Risk Mitigation 49

PYMNTS

FEBRUARY 9, 2019

Small businesses (SMBs) are often called the lifeblood of the economy. As it were, cash flow is the lifeblood of the small business — and many firms are struggling. Having the right partners and tools in place to create proactive risk mitigation strategies makes that possible.”

Risk Mitigation 63

Risk Mitigation Small Business Risk Mitigation 63

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 10, 2017

Financial regulations forced banks to pull back from small business lending in the wake of the financial crisis as pressure to reduce risk exposure increased. Risk mitigation is also behind massive regulations like KYC and anti-money laundering rules. We see them here in the U.S., The Mobile Device.

Small Business 59

Small Business Finance Mitigation Risk Mitigation 59

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

JULY 31, 2019

The merchant cash advance is considered the payday loan for many in the small business lending market — and that’s not necessarily a good thing. That bank connectivity allows a company like MO to deploy a different tactic in loan underwriting and risk mitigation, Shidfar explained. Regulators have taken note.

Federal Trade Commission 65

Federal Trade Commission Small Business Underwriting Risk Mitigation 65

Nanonets

APRIL 29, 2024

As you look into the labyrinth of spreadsheets and ledger entries, you stumble upon discrepancies in your balance sheet—a familiar scenario for many finance professionals. Scalability and Flexibility : Choose a software solution that can scale with your organization's growth and adapt to changing business needs.

Reconciliation 52

Reconciliation Payment APIs and Integration Regulatory Compliance Compliance 52

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

AUGUST 1, 2017

based alternative finance company DueCourse has reportedly gone into administration. Recent reports said DueCourse , which operates as an invoice financing platform, began working with administrators Leonard Curtis this month. Less than a year after raising venture capital, U.K.-based

Risk Mitigation 40

Risk Mitigation Underwriting Finance Mitigation 40

PYMNTS

NOVEMBER 19, 2020

Small businesses are the backbone of their economies, and small B2B suppliers play vital roles in their broader supply chains. Often, smaller vendors also pose less risk to their large corporate customers while also contributing to supply chain diversification. eProcurement and supplier management FinTech Paid.

Small Business 60

Small Business Risk Mitigation Mitigation Adjustments 60

PYMNTS

APRIL 19, 2019

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. The payroll function is rarely looked upon as an influence of these changes in the small business accounting sphere. A business growth manager. A virtual CFO.”

Payroll 61

Payroll Accounts Innovation Small Business 61

PYMNTS

OCTOBER 28, 2016

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. She told PYMNTS why financing the buyer, not the supplier, can not only solve the issue of late payments but make accounts receivable disappear. Buyer Financing.

B2B 71

B2B Credit Cards Payments Same Day ACH 71

PYMNTS

JULY 3, 2018

The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs with capital, a journey that includes innovation and a bit of experimentation. They never ask what your business is worth.”

Underwriting 40

Underwriting Small Business Assessments Third-Party Service Provider 40

PYMNTS

JUNE 12, 2018

Later this month, Adyen, which provides a payment platform with integrated performance tracking and risk mitigation services for businesses, will launch its IPO, with analysts estimating the company’s equity valuation of up to $8.3 Its float could fetch $1 billion. In addition, iZettle made headlines with its $2.2

B2B 40

B2B FinTech Risk Mitigation PayPal 40

PYMNTS

FEBRUARY 9, 2018

Invoice financing company MarketInvoice is enhancing its product offering through a new collaboration with Euler Hermes. MarketInvoice said it is also integrating a risk mitigation solution that analyzes financial data to help businesses make better decisions about customers with which they choose to trade.

Risk Mitigation 40

Risk Mitigation Non-Bank Risk Underwriting 40

PYMNTS

MARCH 23, 2017

CurrencyVue is helping Australian SMEs enter into the world of FX risk mitigation. Reports Wednesday (March 22) said the firm has created an FX platform designed for smaller businesses. Systems to manage FX dealings for big businesses can cost more than $50,000 a year, which may not be affordable for many SMEs. “For

Risk Mitigation 40

Risk Mitigation Small Business Risk Mitigation 40

PYMNTS

NOVEMBER 28, 2018

banks are looking to prepare business clients ahead of Brexit in anticipation for tightened access to financing, Reuters reported on Tuesday (Nov. In anticipation, banks have reportedly extended credit to corporate clients early and have begun to sell insurance to mitigate the risk of foreign exchange (FX) volatility.

Cross-Border 49

Cross-Border Mitigation Risk Finance 49

PYMNTS

MARCH 18, 2016

But as industry experts know, small businesses everywhere are being forced to deal with longer payment terms on their invoices and with corporate customers paying those bills off later. A new report from Coface found that the issue has permeated China’s business community, too. less often but still prominently so in the U.S.

Risk Mitigation 40

Risk Mitigation Credit Risk Payments Mitigation 40

PYMNTS

OCTOBER 1, 2019

Reliance Capital offers loans to small and medium-sized businesses (SMBs) via its Reliance Money unit, while its Reliance home finance operation offers loans to home buyers. Combined, these operations made up an estimated 15 percent of the company’s revenue in the most recent fiscal year, according to reports.

Risk Mitigation 43

Risk Mitigation Regulations Non-Bank Mitigation 43

PYMNTS

APRIL 8, 2016

In small business lending, the rush of alternative players entering the market is beginning to give way to consolidation — or, at least, collaboration. But there are other types of pairings as the alternative SME finance industry continues to find its footing. “A Should they build capacity themselves?

Underwriting 40

Underwriting Small Business Mitigation Risk Mitigation 40

PYMNTS

MAY 10, 2018

Businesses are largely behind the push, with government initiatives promoting a digital economy and FinTech innovators targeting corporate payments and finance in addition to their consumer-focused endeavors. In a 2016 report, India’s YES BANK highlighted the flourishing digital FinServ space for businesses.

SWIFT 40

SWIFT Risk Mitigation Mitigation On-Demand 40

PYMNTS

MARCH 16, 2018

APIs enable FinTechs to address the particular points of friction in corporate finance, and financial institutions today have begun to understand that they can focus on their own core competencies while collaborating with other companies that have their niche specialties too. In the U.K., In the U.K.,

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

JUNE 15, 2016

Western Union Business Solutions is targeting Hong Kong SMEs in an effort to support their interest in FX hedging and risk mitigation. A report on Tuesday (June 14) said the company is launching a new product in Hong Kong, FX Options, that will service small businesses that engage in cross-border trade. ”

Cross-Border 40

Cross-Border Risk Mitigation Mitigation Risk 40

PYMNTS

AUGUST 17, 2018

That doesn’t mean investors have ignored the FinTech side of the B2B market, though, with funding landing at eProcurement, auditing, alternative finance and other players. AuditBoard’s technology helps organizations and their auditors manage risk mitigation and compliance efforts. Capital On Tap. Based in the U.K.,

B2B 40

B2B Audit Risk Mitigation Blockchain 40

PYMNTS

JULY 5, 2018

Trade Ledger operates an open banking platform for banks to assess lending risk to their corporate customers in real time. The solution aims to facilitate trade finance in particular, the company noted. In January, Trade Ledger said it would be collaborating in Australia with Switzerland-based alternative lending platform Tradeplus24.

Assessments 40

Assessments Mitigation Small Business Risk 40

PYMNTS

NOVEMBER 22, 2019

million as it prepares to launch its lending-in-a-box offering, according to Asset Finance International. Downing Ventures and Gresham House Ventures led the investment, which will fuel Funding Xchange’s deployment of its white labeled lending offering for other service providers looking to extend small business lending to their own clients.

B2B 43

B2B FinTech Cross-Border Payments Payroll 43

PYMNTS

AUGUST 1, 2018

As corporate treasurers grapple with the ever-increasing demands of their role in the enterprise, many of their new responsibilities involve complex management of finances, particularly when it comes to foreign exchange (FX) risk exposures — especially in today’s volatile times.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Disputes 40

PYMNTS

MARCH 27, 2019

That burden is often considered a necessary evil, one that analysts say forced some banks to pull back from small business lending, pull resources away from product development and risk major fines for failing to keep up with seemingly always-changing regulatory requirements. From Burden To Opportunity.

Compliance 46

Compliance Regulatory Compliance Regulations Risk Mitigation 46

PYMNTS

MARCH 31, 2016

The echoes of China’s economic slowdown have been heard across the globe, but locally, they’re certainly the loudest for Chinese businesses. Analysts have largely been looking at the impact on SMEs in particular, especially as Chinese authorities promote bank lending to small businesses. They’ll slowly go bust.”.

Risk Mitigation 40

Risk Mitigation Finance Rules Regulations 40

PYMNTS

JUNE 28, 2016

The Brexit vote has tossed the small business community into the headwinds of foreign exchange volatility, and U.K. referendum enlightened SMEs everywhere operating across borders that FX volatility can pose a threat to their business, but can also be mitigated.

Posting 40

Posting Cross-Border Mitigation Small Business 40