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

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. Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH.

ACH

PYMNTS

JUNE 26, 2019

Indeed, a legal cannabis product may receive significant hype and demand, further enticing manufacturers and sellers to be less than genuine with the products their labels claim to be selling. Supply chain verification is instrumental in mitigating the risk of noncompliance for marijuana firms regulated at the state level.

Legal

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. The issue at hand, however, is that Facebook stats are hardly reliable to traditional lenders mitigating the risk of small business borrowers.

Underwriting