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Nimbla Teams With Wiserfunding To Safeguard Invoices

PYMNTS

invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). s SMEs if they combine the various innovations from the FinTech space, insurance and risk management sectors.”.

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BlueVine CEO: The Real Value Of Invoice Factoring

PYMNTS

Most business still looked to banks, despite the fact that in the wake of the financial crisis and subsequent credit crunch, lending from banks more or less ground to a halt where SMBs were concerned. BlueVine’s only other product, invoice factoring, targets much larger businesses. Fun with Factoring and the Future.

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BlueVine CEO: The Real Value Of Invoice Factoring

PYMNTS

Most business still looked to banks – despite the fact that in the wake of the Financial Crisis and subsequent credit crunch lending from banks more or less ground to a halt where SMBs were concerned. Blue Vine’s only other product, invoice factoring, touch businesses much larger.

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Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending. Serent’s focus has been on companies selling what he calls "picks and shovels" into FinTechs, lenders and other constituents instead of investing directly into banks and lenders.

B2B 79
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LexisNexis Teams With Cortera To Add B2B Payment Behavior Data Into Risk Assessment

PYMNTS

The companies said Thursday (June 22) that they are partnering to enhance credit risk solutions for lenders, with LexisNexis now integrating Cortera data into its Risk Solutions platform.

B2B 54
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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

A notable example is the Bank of America, which employs AI to maintain the integrity of transactions and combat fraud. By scrutinizing various data points such as payment history and IP addresses, the bank swiftly , identifies anomalies. This helps collection teams take proactive steps to collect payments before they become overdue.

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Chinese SMBs Caught In Trade War Crosshairs

PYMNTS

According to the People’s Bank of China, small businesses accounted for about a third of all outstanding loans in the country as of April of last year. “When these constitute a sizable proportion of a company’s total annual turnover, their cash flow may be at risk.”.