PYMNTS

JUNE 7, 2018

Most business still looked to banks, despite the fact that in the wake of the financial crisis and subsequent credit crunch, lending from banks more or less ground to a halt where SMBs were concerned. But as SMBs nationwide continued to need access to credit, a half-decade ago was a great time to start a small business lending firm.

Small Business 49

Small Business Underwriting Product Risk 49

PYMNTS

APRIL 6, 2017

FICO is strengthening its position in the corporate underwriting space with a new solution for SME lenders. The company said Wednesday (April 5) that it is rolling out its Origination Manager Essentials solution for mid-market banks and credit unions. ”

Credit Union 40

Credit Union Small Business Risk Assessment Origination 40

PYMNTS

AUGUST 4, 2016

Primarily, Reckon provides small and medium-sized enterprises with cloud accounting solutions, but now, it’s utilizing the data it has about small businesses to its advantage by partnering with alternative lending company Prospa to underwrite loans to its SME users. But in the U.S.

Small Business 40

Small Business Underwriting Regulations Assessments 40

PYMNTS

MARCH 14, 2017

Fear is holding back small businesses from trading internationally, according to a report from HSBC late last year. Specifically, a lack of international business knowledge and experience has small suppliers reluctant to step onto the global stage. Data is critical to linking small businesses with new funding.

Risk 54

Risk Payment APIs and Integration AFP Payments 54

CB Insights

FEBRUARY 13, 2020

‘PayFac’ technology simplifies underwriting and onboarding. Stripe’s business strategy: How the $35B unicorn sets itself apart. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. TABLE OF CONTENTS. A decade of online payments innovation.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

PYMNTS

MAY 2, 2018

According to IBM research’s Isaac Markus, the solution aims to provide borrowers with a credit score using machine learning algorithms to underwrite loans. PayPie’s offering includes a credit risk assessment with proprietary credit score, the firm added. Vendors accessed that capital via their mobile phones.

Blockchain 48

Blockchain Online and Mobile Banking Small Business Risk Assessment 48

PYMNTS

JUNE 27, 2016

Apruve provides financial management solutions for small businesses that operate in the B2B eCommerce space. According to reports, it enables companies to accept online orders from business customers and provides instant credit for their sales. . million in venture capital funding led by TTV Capital and Allegis Capital.

B2B 41

B2B FinTech Underwriting Database 41

PYMNTS

FEBRUARY 9, 2017

Small business finance is one of the most competitive, innovative and challenging markets in which to operate. That dedication and focus is what led Fundbox to secure gold in the PYMNTS.com Innovation Project 2016 Awards category of Best Small Business Innovation.

Innovation 46

Innovation FinTech Small Business On-Demand 46

Electronic Transactions Association

JANUARY 21, 2025

Commercial Lending ETA members are continuously working to expand access to credit by developing and deploying new online financing products tailored to the diverse needs of small businesses.

BNPL 40

BNPL Financial Inclusion Small Business Privacy 40

PYMNTS

FEBRUARY 9, 2018

lender is now offering its small business (SMB) borrowers credit insurance policies provided by Euler Hermes to protect themselves against the risk of non-payment of an invoice should their customer become insolvent or fail to pay. Reports Thursday (Feb. 8) said the U.K.

Risk Mitigation 40

Risk Mitigation Non-Bank Risk Underwriting 40

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Push-to-Card 52

Push-to-Card Underwriting Caps Small Business 52

PYMNTS

JUNE 6, 2018

Most business still looked to banks – despite the fact that in the wake of the Financial Crisis and subsequent credit crunch lending from banks more or less ground to a halt where SMBs were concerned. Small business” as phrases go is pretty vague, Lifshitz told Webster. Who They Serve.

Small Business 40

Small Business Underwriting Risk Product 40

PYMNTS

JULY 11, 2017

One of those collaborators is CRiskCo, a credit risk management company that deploys Big Data analytics to provide a business credit score to lenders and trade finance providers. Together, the businesses are going straight to the trading partners to protect a supplier against the risk of non-payment.

Finance 43

Finance Risk Mitigation Risk Non-Bank 43

CB Insights

OCTOBER 10, 2018

Digital banking adoption among consumers and small businesses (SMBs) is at an inflection point. Companies in the market today are largely focused on expense management for small businesses, but may look to use funding to expand as they scale. Why now for digital banking startups. Sector breakdown & growth drivers.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

Fintech News

OCTOBER 28, 2024

Vitto (India) Vitto is a MSME focused fintech startup using behavioural data for credit risk profiling and automating credit decisioning with AI assistance. Powered by advanced fraud detection and seamless integration with financial institutions, it provides peace of mind and financial security against financial cyber fraud.

FinTech 117

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 117

PYMNTS

DECEMBER 10, 2016

In June 2015 Lending Club announced a partnership with the Clinton Global Initiative and the Opportunity Fund to provide access to roughly $10 million in capital to small businesses in California. And it continued to build its name and public profile. The Trouble With “Not Being A Bank”.

Non-Bank 73

Non-Bank Compliance Push-to-Card Origination 73

Fintech Labs Insights

JULY 23, 2015

Credit-building service. Risk & compliance management for financial institutions. Argos Risk. Credit risk management tools for small businesses. Tags: SMB, accounts receivables, trade finance, underwriting. Source: Crunchbase. Self Lender. HQ: Austin, Texas. Latest round: $500,000 Seed.

FinTech 29

FinTech P2P Debit Card Risk Management 29

PYMNTS

MAY 10, 2016

“I think it is fair to say that they had built the better mousetrap and priced risk very differently that the existing issuers of consumer credit were pricing it. The marketplace lending model is designed to offload the most pernicious risk in the lending business – credit risk – to the investors who buy the loans from them.

Underwriting 41

Underwriting Audit Risk Compliance 41

CB Insights

DECEMBER 4, 2019

In his 2016 annual letter to shareholders , Bezos outlined Amazon’s goal of expanding Amazon Lending: by continuing to work with partner banks to manage the bulk of the credit, the retailer can mitigate credit risk and calm investor nerves. Today, Amazon has expanded its business lending to the US and UK.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

FEBRUARY 18, 2019

He started five successful small businesses (SMBs) before founding Nav. Those businesses ran the gamut from manufacturing to financial services, the latter being Lendio. What Businesses Don’t Know Can Hurt Them. The other half of the time where they don’t, he noted, those businesses get to use the profiling tool for free.

Credit Risk 70

Credit Risk Small Business Finance Point-of-Sale (POS) 70

PYMNTS

OCTOBER 4, 2019

based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. FunBox works with other lenders to underwrite financing to self-employed, small merchants and new-to-credit customers, reports said. See all of the latest B2B fundraises below.

B2B 51

B2B Payment APIs and Integration Small Business Participant 51

PYMNTS

APRIL 30, 2018

JPMorgan Chase and OnDeck have made the same point on the small business (SMB) lending side with the announcement in 2015 of their OnDeck partnership. The partnership does what Chase CEO Jaime Dimon said at the time is something Chase didn’t want to do and could not do — lend small amounts of money to SMBs. Digital Banks.

FinTech 73

FinTech Blockchain Distributed Ledger Technology (DLT) FTC 73

PYMNTS

JULY 17, 2017

FinTech firms and their products are still new and require greater care by banks, according to the OCC’s warning, particularly when it comes to underwriting loans for consumers and small businesses. Credit risk is relatively stable overall,” said Noreika. Nonetheless, we must remain vigilant.”.

OCC 40

OCC Office of the Comptroller of the Currency Risk Regulations 40