PYMNTS

OCTOBER 7, 2016

” Regulatory requirements, risk mitigation, security measures and borrower satisfaction all pressure banks to grasp the power of data analytics. “Having access to those kind of analytics makes for a powerful differentiator as well.” Data is vital to remaining competitive , he said. ”

Origination 78

Origination Underwriting Third-Party Service Provider Risk Mitigation 78

PYMNTS

DECEMBER 17, 2019

Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH. Again, third-party service providers play an important role in alleviating ACH friction for companies. However, they persist. ACH’s B2B Future.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

PYMNTS

OCTOBER 3, 2019

Among the most recent shifts in this debate stems from Google , which announced in July it would be reviewing its privacy policies following revelations that personal information and private conversations recorded by its virtual assistant tool, the Google Assistant , were leaked to third-party contractors. in particular.

Privacy 55

Privacy Finance Third-Party Service Provider B2C 55

Stax

AUGUST 22, 2024

Request Quote Why PayFacs Need an Effective Risk Management Strategy Payment facilitators remove the need for businesses to open merchant accounts of their own to accept payments like those from credit cards, debit cards, mobile wallets, etc. Think of them as service providers that rent their master merchant accounts to their clients.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

JUNE 26, 2019

Supply chain verification is instrumental in mitigating the risk of noncompliance for marijuana firms regulated at the state level. “I see a direct application for companies that need financial services, and need a way to show they’re good business actors,” Law said of the Supply Chain Certification solution.

Legal 44

Legal Mitigation Verification Risk Mitigation 44

PYMNTS

MARCH 29, 2018

Chanda explained Paymerang’s role is to handle that extra work for clients, including risk mitigation and data digitization. Variety is important, Chanda said, as is making sure a service provider is able to meet the needs of both sides of the transaction.

Checks 43

Checks B2B ACH Payments 43

PYMNTS

JULY 3, 2018

But SMB loan underwriting at traditional FIs has, for the most part, remained unchanged, even as alternative lenders began exploring the role of alternative data in the risk mitigation process.

Underwriting 40

Underwriting Small Business Assessments Third-Party Service Provider 40