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Number of U.K. Firms In Significant Financial Distress Jumps

PYMNTS

New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. A report released from the company this week found a 25 percent year-over-year increase in the number of companies categorized as being in significant financial distress in Q2, the largest yearly increase the firm has seen in three years, it said.

Numbers 46
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Fighting Real-Time Payment Fraud In Layers, With Moats

PYMNTS

In fact, Srinivasan added, the parameters of risk itself are changing. He noted that, with real-time payments , credit risk is largely negated, as transactions require immediate posting of debits and confirmation of sufficient funds — and it can be immediately ascertained whether or not user accounts are in good standing.

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Trade Credit Insurance

Finvisage

These figures suggest the high credit risk exposure of UK in a global perspective. increase which was followed by the construction industry at 1.2% UK economy is highly driven by 3 sectors considered as leading economic indicators, namely, Service, production and manufacturing and construction sector. from 45 last month.

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Real Customer Satisfaction In Real Time

PYMNTS

There are a number of “business blockers” in place that actually hinder customer experiences, said DeCosmo, including the lack of real-time automation in decision-making and a lack of technical platforms, in addition to the pressures of having an effective staff in place that can deal with the analytics effectively and in real time, too.

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Buyers Shift The Blame For Late Payments To Banks

PYMNTS

“This increased exposure of respondents in western Europe to payment risk from foreign customers may corroborate respondents’ perception that trade credit risk is slightly more likely to arise from transactions with foreign than with domestic B2B customers,” the report concluded. Looking Deeper Into The Cause. The Ripple Effect.

Banking 40
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LendingClub Settles With SEC, DOJ

PYMNTS

Investors have returned to the platform in larger numbers, but loan volume and revenue have seen sluggish growth until very recently. The investigation also discovered irregularities with asset management arm LC Advisors (LCA), a sub-unit of the company dedicated to using loans to construct funds for investors.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

And it worked out and had multiple job offers coming out of school from a number of different insurance companies. I had a number of relationships that I built up and had another job lined up in New York City. We help them in terms of identifying and creating the parameters around how that index should be constructed.