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Today In B2B: ERPs Broaden B2B Payments Capabilities; Bloomberg Broadens Credit Risk Data Pool

PYMNTS

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Bloomberg To Incorporate Credit Risk Data. The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment.

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NEW REPORT: The Banks’ How-To Guide To Using AI To Manage Credit Risk

PYMNTS

Managing credit risk used to be a reactive process. Bank customers would fall behind on their payments, and their banks might react by imposing fees or having a case manager work with them to bring their accounts back up to speed. This was not only costly for customers, but also financially dubious for their banks.

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WePay On The Art Of Payments Risk Management

PYMNTS

Joining PYMNTS’ Karen Webster for this week’s edition of the Unscripted Podcast, the pair agreed that in the digital age, risk management is such a complex, interconnected and vast topic that payments service providers in some sense need to write an entirely new rule book when to comes to capturing the emerging art of risk management. “On

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Model Behavior: Banks See AI As A Customer Experience Tool

PYMNTS

Given the roller coaster ride consumer finances have been on for the last 10 months, managing risk has become critical for financial institutions (FIs), both in terms of rising fraud counts and in terms of rising consumer delinquencies. Driving Actionable Intelligence In Real Time. And these models aren’t one-off events.

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What Is the Typical Background of a Fractional CFO?

Beacon CFO Plus

Financial Expertise Fractional CFOs typically have a strong background in finance, accounting, and related fields. They often hold advanced degrees such as MBAs, CPAs (Certified Public Accountants), or CFA (Chartered Financial Analyst) certifications.

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How to Find the Best FP&A Candidates for Your Team

Spreadym

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

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Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce

PYMNTS

According to a report in ZDNet , Westpac said that “a mix of technology and human error” and “deficient financial crime processes” were behind the financial institution’s (FI’s) lack of compliance with anti-money laundering (AML) regulations. In financial fraud, the breaches come when bank standards are lax. may stand as Exhibit A here.

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