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SMEs account for 16% of the bank’s business, or approximately $1.5 Additional advancements include the integration of biometric signatures in branches and a time-saver for account openings. —LS The bank is also the first in Moldova to offer consulting services to its customers in accounting, business, and human resources.
The company will aim to enhance its riskanalysis to accelerate loan processing for businesses to receive capital access financing within three days, per reports in Contxto. Accounting automation startup CANDIS secured about $14.2 Lending-as-a-service technology company Blend has secured a nearly $1.7
The solution offers value-added features like automatic COVID-19 travel alerts and riskanalysis, according to Business Travel News , while also enabling corporate travelers to remain within their firms’ travel policies.
Terrence McCrossan , CEO of Oversight , spoke with PYMNTS about the opportunity organizations have to not only keep employee spending in check, but to optimize the ways the enterprise spends money across functions, from T&E (travel and entertainment) to accountspayable (AP) and procurement.
Improve Credit Onboarding Automation and Controls: Provide a customizable credit application portal for new accounts that requires the documentation and an appropriate customer credit application to be completed fully and accurately prior to submission to the credit department. Twenty Action Priorities 1.
It undeniably takes a page from credit cards’ book, but according to data from NACHA and the Credit Research Foundation released last year, credit and debit cards currently make up just 11 percent of payments received by accounts receivable departments in the U.S. “We’re not trying to get them to change their invoicing system.
Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. To achieve this, companies have to take into account the device through which customers pay, their preferred payment rail, even details like what time of day is best to contact them about a payment that’s due.
Texas’ SpyCloud delivers protection against account takeover for its corporate clients. SpyCloud identifies exposed employee and customer accounts to safeguard them before any malicious activity can occur. Its platform provides proprietary cyber-riskanalysis technology to corporate customers.
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