PYMNTS

APRIL 3, 2019

The cyber insurance market is an emerging sector, Sayata Labs CEO and Co-Founder Asaf Lifshitz explained in a recent interview with PYMNTS, and insurance providers are facing some tough hurdles in underwriting and risk mitigation. Technology, Partnerships Address the Gaps. Rapid Expansion.

Small Business

PYMNTS

JUNE 17, 2020

Gianluca Pizzituti , CEO and co-founder of invoice financing platform Velotrade , told PYMNTS about the risks financiers must mitigate in the trade finance arena, the role of data in mitigating those threats, and the evolving role of invoice finance to help B2B companies endure the most volatile market many have seen in years.

Finance

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management

FICO

FEBRUARY 7, 2017

Cyber-readiness is increasingly a necessity for organizations, but for insurance underwriters, evaluating an organization’s cybersecurity risk and setting the appropriate insurance premium continues to be an inexact science.

Cybersecurity

PYMNTS

SEPTEMBER 7, 2018

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. The company had previously raised pre-seed and seed funding, and, according to reports, is set to close an additional investment round to the tune of $2.5 million.

Finance

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. The CBRC is preparing new regulations to address rising risks in the industry.

Underwriting

FICO

FEBRUARY 20, 2017

Cyber-readiness is increasingly a necessity for organizations, but for insurance underwriters, evaluating an organization’s cybersecurity risk and setting the appropriate insurance premium continues to be an inexact science.

Cybersecurity

PYMNTS

SEPTEMBER 12, 2018

These problems faced by SMBs are also shedding light on supplier payment practices and large corporates’ strategies of lengthening payment terms to their suppliers in an effort to address their own cash flow crunches. ” In other words: more affordable financing. ” In other words: more affordable financing.

Finance

PYMNTS

MARCH 25, 2020

Australian corporate card provider Archa announced a collaboration of payment and open banking technology firm i2c to debut a new corporate credit card program in the country designed to address key pain points for small and medium-sized businesses (SMBs). Archa Collabs With i2c in Australia.

Commercial Card

PYMNTS

JULY 11, 2017

Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical. In many ways, collaboration with FinTechs has become a key part of risk mitigation for banks, with researchers finding that only 1.4

Finance

PYMNTS

DECEMBER 17, 2019

Today, there are two key methods for how a company can address the pain point of checks. If FinTech service providers can address the biggest hurdles to companies becoming their own payment processors, McKee said, the benefits of doing so far outweigh the burdens. “If noted PYMNTS in a previous Faster Payments Tracker.

ACH

PYMNTS

OCTOBER 3, 2019

In response, FIs are prioritizing credit assessment, underwriting and borrower verification processes, and finding that technology can be instrumental in bolstering their fraud mitigation strategies.

Small Business

PYMNTS

MAY 10, 2018

Simultaneously, the report noted, a spike in bad corporate loans is also signaling to FIs that they need to improve their digital offerings with cost savings benefits, risk mitigation and other advantages that can strengthen their financial standings.

SWIFT

PYMNTS

FEBRUARY 11, 2020

Lee Tarone, CEO and founder of trade finance and payments platform Envoy , says a lack of trust continues to hamper the industry’s ability to address the ongoing $1.5 Automation technology has made an effort to address financiers’ biggest trade finance risks and the knock-on effects of a lack of trust in the market.

Finance

Nanonets

AUGUST 16, 2024

Risk mitigation and fraud prevention Fraud detection technologies have been instrumental in reducing the $40 billion annual cost of fraudulent claims in the U.S. alone​   Advanced automation tools incorporate features for fraud detection by ML algorithms that detect and flag suspicious patterns in claims.

Automation

PYMNTS

JUNE 14, 2016

And yet livestock was the go-to metaphor for Pat Grady of Sequoia Capital when he addressed a FinTech conference recently. . While some lenders actually embrace the practice, viewing it as a form of loan consolidation, others argue the practice can obscure the true risk of a borrower.

Risk

CB Insights

JULY 23, 2020

In this report, we dive into some of the technologies that will help address these concerns and influence the future of the office space, from autonomous cleaning solutions to people-counting sensors. Companies are already looking to address these shortfalls, adapting their products to minimize disruptions in the remote working experience.

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