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The Convergence Of Trade Finance And Trade Credit Insurance

PYMNTS

. “But they’ve probably grown up separately because, traditionally, banks have looked at one as a financing opportunity or corporates looked at one as a monetization opportunity, and the other is pure risk mitigation. The tool, Kocher explained, acts as a sort of “outsourcing” of the underwriting process.

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Cybersecurity Insurance, AI and Chatbots

FICO

Our FICO ESS customer, Barbican Insurance Group , participated in an excellent panel discussion about the evolution of the underwriting process. Barbican’s Cyber Business Group Leader, Graeme King, explained, “Risk and IT can be disconnected in respect of to cyber insurance. FICO ESS is a powerful risk mitigation tool.

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M&A, Open Banking Drive Commercial Card Innovation

PYMNTS

Designed for firms with between two and 200 employees, the card program underwrites SMBs through Archa’s proprietary machine learning-powered risk analysis technology. million funding round led by Earlybird’s Digital East Fund, while TinyVC and other industry experts also participated. Brex Goes on Acquisition Spree.

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

With a focus on integration with payment and accounting platforms, the startup said it will also continue to connect with a broader array of data sources to bolster small to medium-sized business (SMB) loan underwriting for its partners, which include banks and other lenders. leading the investment. According to BusinessLeader.co.uk

B2B
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Augmenting Trust With Technology In Global Trade Finance

PYMNTS

Of course, participants in the global trading ecosystem won’t simply take each other’s’ word for it. “In such a system, there is no need to ‘trust’ other people, because all participants are able to keep one another honest,” he said. ”

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Mobile Pay In The Headlines: Nine Ways Mobile Made News

PYMNTS

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. Stripe’s In-App EMV Push.

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Reopening: The Tech-Enabled Office In A Post-Covid World

CB Insights

It’s assumed that lasting contact and interaction was the main reason for the spread, underscoring the importance of social distancing between employees as a primary risk mitigation strategy in reopened offices. A survey by Optum found that participants of employer wellness programs were 1.5X Remote Work Startups.