PYMNTS

JULY 23, 2019

Tokyo Shoko Research, a Japan -based commercial database, has signed an agreement with SAP Ariba in the latter’s effort to strengthen its supply chain risk mitigation offerings. million Japanese companies to augment its SAP Ariba Supplier Risk solution, the companies said in a press release Monday (July 22).

Risk

PYMNTS

APRIL 13, 2018

Authorities imposed greater capital requirements and other risk mitigation rules on financial institutions after taxpayer bailouts of banks in the EU and elsewhere around the globe during the financial crisis about a decade ago.

Risk Mitigation

PYMNTS

MARCH 14, 2017

Regulators are instead concerned about small lending startups that they fear simply don’t know enough about underwriting and risk mitigation to be a safe and productive player in the ecosystem. Securitization of small-loan assets hit Rmb82bn in 2016, up from Rmb13bn a year earlier, according to data from Wind Info.

Underwriting

PYMNTS

APRIL 27, 2016

But while companies explore new ways to handle this aspect of treasury, there are some mistakes treasurers make that allow FX risks to remain unseen. One of the largest sources of blind spots in the treasury department when it comes to FX risk mitigation is the use of multiple systems. Where Treasurers Go Wrong.

Risk

PYMNTS

JUNE 24, 2019

BlueTarp targets SMBs with accounts receivable management, cash flow tools, risk mitigation solutions and trade credit financing offerings. BlueTarp’s CEO spoke with PYMNTS back in 2016 about some of the biggest challenges in the B2B payments and accounts receivable management market.

Acquirers

PYMNTS

MARCH 18, 2016

One thousand businesses responded to the Coface survey, which aimed to look at corporate credit risk mitigation, according to reports. The results, released Thursday (March 17), pointed to slowing economic growth in the country as compounding this issue, which could lead to worse problems for 2016 and beyond. “It

Risk Mitigation

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

PYMNTS

JUNE 6, 2017

We’ll give a daily double for the first data point, as it’s number of ACH transactions, and the second is quoted in terms of dollars over the whole calendar year of 2016. They grew over 5 percent in 2016.”. This is the number of Same Day ACH transactions that flowed over the ACH network since launch in September of 2016.

Same Day ACH

PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. businesses in 2016 than the year prior, found CyberScout. 40% more cyberbreaches impacted U.S.

Risk

PYMNTS

SEPTEMBER 11, 2018

. “However, I would say many businesses do not fully understand, or have awareness of, the different risk management tools.” ” SMBs particularly appear challenged by FX risk mitigation, he noted. “Others offer types of payment platforms like the Ripples and IBMs of this world.”

Cross-Border Payments

PYMNTS

MAY 10, 2018

In a 2016 report, India’s YES BANK highlighted the flourishing digital FinServ space for businesses. 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.

SWIFT

FICO

JANUARY 24, 2018

In 2016, FICO was still a relatively new player in the cyber and enterprise security space. FICO ESS is a powerful risk mitigation tool. Advisen: Barbican Takes a Leadership Stance on Cybersecurity Insurance.

Cybersecurity

PYMNTS

JUNE 12, 2017

Globalization brings new opportunities for businesses but gives rise to new complexities, including cross-border payments, compliance, risk mitigation and accounting. More than a quarter said they plan to spend more on their corporate cards this year than they did in 2016. Supplier Payment Practices.

Payer

PYMNTS

MAY 30, 2016

CHAPS payment scheme in 2015 , and the infrastructure is used primarily for corporate treasury payments , according to the latest data from UK Payment Markets 2016.The billion in sales for FY 2016. trillion worth of payments passed over the U.K. Direct debit cards are used by 85 percent of U.K.

Finance

PYMNTS

JUNE 22, 2018

As it continues its expansion, TradeIX is focusing on trade payments, risk mitigation, payables finance and receivables finance, the company said. The company, based in India, raised $15 million in Series A funding — though, confusingly, reports in Entrackr noted the company was in talks to raise Series B funding in late 2016.

Cybersecurity

PYMNTS

JUNE 27, 2017

So we also added a new focus: applying document and artificial intelligence/machine learning to develop enterprise-class solutions for identity verification in digital channels that meet the market need for a great user experience, risk mitigation and regulatory compliance. billion in 2016, according to Javelin.

Innovation

PYMNTS

SEPTEMBER 9, 2016

Faster Payments Risk-Mitigating Capabilities. While faster payments require heightened awareness and preparation for potential risks, they also equip these companies with capabilities to mitigate some risks. Just in the first four months of 2016, incidents of such scams increased by 270 percent.

Same Day ACH

PYMNTS

MARCH 24, 2016

According to Deloitte Global and North America Sourcing and Procurement Lead Brian Umbenhauer, the 2016 survey of trends among the chief procurement officers of the world is one of reflection. The verdict: Surprisingly, procurement seems to be back on track for going digital.

Innovation

PYMNTS

JUNE 12, 2018

JBKnowledge released a staggering figure in 2016: That year, 70 percent of construction companies used 1 percent of less of their revenue to invest in technology. It may seem straight-forward, but daily reporting is paramount to risk mitigation as contractors can be sued for up to a decade after the completion of a project.

Payroll

PYMNTS

JULY 31, 2018

A 2016 report from cross-border payments company Covercy found that small businesses in the U.K. East & Partners’ analysis found that small businesses lack adequate FX risk mitigation strategies, and lack the necessary “knowledge, experience and product understanding” to manage their exposure to currency volatility.

Cross-Border Payments

PYMNTS

MAY 11, 2017

In a 2016 blog post , he outlined how the bank’s internal hackathons challenge employees to use the bank’s services as if they were a customer, finding ways to improve them and offering funding to move the solutions forward. Hacking the Future of APIs. Venturo said U.S.

API

PYMNTS

MARCH 29, 2018

Indeed, research released in 2016 from Bottomline Technologies found 71 percent of businesses surveyed had experienced actual or attempted check fraud. Chanda explained Paymerang’s role is to handle that extra work for clients, including risk mitigation and data digitization.

Checks

PYMNTS

MARCH 15, 2016

In an interview with PYMNTS late last year, the company’s general manager of the Americas, Christian Spaltenstein, pointed to the biggest trends in cross-border payments for 2016, all dependent upon technology.

Cross-Border Payments

PYMNTS

MARCH 28, 2016

Parisi took us through the findings of American Express Canada’s latest research and explored how the facts of foreign and domestic events will not only shape CFOs’ next moves but how the financial services industry can shape itself around what corporate money managers will need in 2016. Staying Local.

Research

PYMNTS

MARCH 10, 2016

Early Warning , a real-time payments, authentication and risk mitigation solutions provider, announced Wednesday (March 9) that Bank of America is now live in processing real-time P2P transactions through Early Warning’s clearXchange network. Early Warning Boosts Big Banks’ P2P Power.

Online and Mobile Banking

Fintech Labs Insights

MAY 30, 2017

.” Andreas Pages of Swisscom’s Business Unit Fintech highlighted NetGuardians’ technology as the kind of “agile and compelling software” that will improve risk mitigation for FIs. “Their highly innovative technology is changing the way to fight financial crime,” Pages said.

Risk Mitigation

FICO

MAY 22, 2017

We’ve been in the market with the ESS product now since October of 2016, so we obviously did not design the product around the order’s directives. ESS enumerates many categories of known vulnerabilities, and associates them with corresponding risks through scores and reason codes.

Cybersecurity