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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. Flexible Technology. What's just as important is to ensure that lending technology is flexible.

Lending 289
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Perficient Included in IDC Market Glance: Lending Digital Transformation Strategies

Perficient

While it was once expected and acceptable for lenders to enforce standardized payment due dates and policies, COVID-19 brought the impracticality and ineffectiveness of a “one-size-fits-all” approach to credit and lending to light. The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending.

Lending 354
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Tradeshift Taps DXC Technology For AP Analytics

PYMNTS

A collaboration between DXC Technology and Tradeshift will attempt to work out the kinks on accounts payable (AP) and procurement functions, according to a press release. In the automotive industry, lending and insurance payments pose varying questions. There are property managers who need to manage rent deposits and referral payments.

Analytics 142
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PayNet, Numerated Pair Up For Business Lending Risk Analytics

PYMNTS

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan. In a press release issued on Tuesday (Jan.

Analytics 144
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Lending Fintechs Acquire Analytics Fintechs: So What?

Gonzobanker

Fintech deals continue to dominate the financial service headlines, and a growing number of these transactions are in analytics. the acquisition of portfolio analytics provider Visible Equity for an undisclosed sum. the acquisition of pricing analytics provider PrecisionLender for a cool $510 million. nCino recently announced.

Analytics 100
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Balancing Act: Applying Rules-Based and Behavior-Based Analytics in BSA/AML Software

Abrigo

Like other areas of banking, the BSA/AML space has evolved in recent years, adopting new technologies to identify potentially suspicious activity more accurately and efficiently. Both types of analysis have pros and cons, and a careful convergence of rules- and behavior-based analytics provides the most coverage for financial institutions.

Analytics 195
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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87 Data analytics can give banks valuable insights into their customers’ financial lives and help them offer tailored financial products. What is Data Analytics? Data Analytics Behind the Scenes.

Analytics 237