Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and the first quarter of 2024, Dave reduced its 28-day delinquency rate from 2.60% to 1.83%, the company said in a presentation released...
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and credit approval processes for businesses that extend trade credit, the companies said in a Wednesday...
Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades of paper-based processes, regulatory mismatches and monolithic financial infrastructures have historically stymied innovation. But we are almost at the second...
Global B2B payments and invoicing network TreviPay debuted on Wednesday (Oct. 18) its Financial Partner Gateway. This suite of application programming interfaces (APIs) allows financial institutions to expand their commercial offerings, providing automated accounts receivable, underwriting and trade credit management solutions to their large commercial clients. With...
June 11, 2024
The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they mostly share one common problem: access to capital. Karen Webster sat down with Luke Voiles, CEO at Pipe, and Thomas Welch, partner at Victory Park Capital, to take a closer look at […]
June 01, 2023
Small businesses are the backbone of the economy, providing jobs and driving innovation. Hicham Oudghiri, CEO of Enigma Technologies, told Karen Webster, with a nod to the fact that the...
May 17, 2023
In today’s challenging macroclimate, many companies are losing resources. Fortunately, new digital tools and modern lending and financing solutions can help those firms to close gaps and firm up their...
March 22, 2023
Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder at U.K.-based open banking startup...
May 07, 2024
Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and the first quarter of 2024, Dave reduced its 28-day delinquency rate from 2.60% to 1.83%, the company said in a presentation released Tuesday (May 7) in conjunction with its quarterly earnings call. […]
April 25, 2024
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and...
October 18, 2023
Global B2B payments and invoicing network TreviPay debuted on Wednesday (Oct. 18) its Financial Partner Gateway. This suite of application programming interfaces (APIs) allows financial institutions to expand their commercial offerings, providing...
October 13, 2023
NMI, a full commerce enablement technology company, has acquired software and payments technology company Sphere’s Commercial Division. This move aims to enhance NMI’s underwriting and risk management capabilities, while also providing...
