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

The Fintech Times

JULY 30, 2024

By leveraging payment transaction data and providing loan underwriters with real-time credit data, Network International hopes to enable its SME merchants to access new sources of capital. The combination of our payments data with Biz2X’s digital underwriting prowess is a clear advantage to lenders and merchants alike.”

Underwriting 52

Underwriting Embedded Finance Risk Assessment Settlement 52

PYMNTS

APRIL 9, 2020

Oliver Kidd, chief executive officer at commercial card FinTech Archa , recently told PYMNTS that outdated application processes are a major turnoff for small businesses seeking credit and payments capabilities in the form of a corporate card, with significant negative consequences. ” Legacy Processes. ” Legacy Processes.

Commercial Card 60

Commercial Card Small Business Credit Cards Underwriting 60

PYMNTS

JANUARY 3, 2020

According to Mittal, there are three main factors that small businesses in India need to succeed: a “strong network, access to finance and simplified business support functions.” However, offering SMBs a digital platform to connect with other business buyers and sellers is only one piece of the puzzle.

Financial Inclusion 48

Financial Inclusion On-Demand FinTech Value Added Service 48

PYMNTS

JANUARY 2, 2020

. “There is payments friction on multiple fronts,” he said, adding that this friction grows even more prominent when trade occurs across borders, and with small businesses. In a recent survey of 1,000 small businesses in the U.S., Supplier Payment Security. PYMNTS calculated a $3.1

B2B 48

B2B Cross-Border Small Business Mitigation 48

PYMNTS

NOVEMBER 22, 2019

In addition to the new funding, according to Crowdfund Insider reports, Cardlay also announced a partnership with Eurocard, Scandinavia’s largest corporate card issuer, to expand its market share as it looks to connect businesses with value-added services tied to their corporate card products, including travel expense and receipt management.

B2B 43

B2B FinTech Cross-Border Payments Payroll 43

PYMNTS

JANUARY 28, 2020

in which open banking has enabled accounting portals to receive information directly from businesses’ bank accounts, as well as from other platforms like accounts payable, accounts receivable, payroll, expense management and beyond. This trend, he added, will also continue to disrupt the accounting profession overall.

Faster Payments 60

Faster Payments Payments Accounts Real Time Payments 60