PYMNTS

AUGUST 3, 2017

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

Numbers Construction Profit and Loss Credit Risk 46

CFO Share

JUNE 6, 2024

Some common market risks include: Interest rate risk Foreign exchange risk Raw materials cost risk (copper, steel, etc.) Credit Risks Credit risk arises when customers or partners fail to meet their financial obligations.

Risk Management 105

Risk Management CFO Foreign Exchange Credit Risk 105

PYMNTS

NOVEMBER 7, 2018

With the rules, regulators are requiring Swiss banks to “[assign] a flat risk weight of 800 percent to cover market and credit risks, regardless of whether the positions are held in the banking or trading book.” In addition, only 210 of the watches will be made, as only 21 million bitcoins will come to fruition.

Banking 77

Banking Currencies Credit Risk Numbers 77

PYMNTS

DECEMBER 13, 2016

The issues that have kept millennials out of the mortgage market tend to fall into three categories: lack of sufficient credit, lack of sufficient funds for a down payment or lack of a sufficiently long employment record to get lenders comfortable with them as a credit risk.

Credit Risk 84

Credit Risk Banking Marketing Economics 84

PYMNTS

SEPTEMBER 15, 2016

The common perception has been that a “thin file or no file means poor credit risk or subprime, when, in fact, it just means ‘no file,’” said Meloche. The common perception has been that a “thin file or no file means poor credit risk or subprime, when, in fact, it just means ‘no file,’” said Meloche.

Credit Risk 76

Credit Risk Nonprofit Banking Numbers 76

PYMNTS

APRIL 2, 2020

This episode underscores that data for targeted customer offerings can come from anywhere and is not necessarily the result of meticulous number crunching. When number crunching is needed, however, data analytics can help. “If the husband buys a truck, the wife’s going to want a new Volvo.”. Data Analytics Behind the Scenes.

Banking 94

Banking Risk Management Credit Risk Advertising 94

PYMNTS

NOVEMBER 22, 2020

Credit Key offers businesses an alternative payment solution intended to give financing for purchases at the point of sale. The company takes on the credit risk and loan servicing, offering buyers a "transparent" experience with competitive interest rates, the report writes. The booming B2B market in the U.S. While only $1.3

B2B 72

B2B B2C Credit Risk eCommerce 72

PYMNTS

DECEMBER 1, 2020

The tie-up is an extension of a current relationship that will have Satago’s offering smoothly linked with Sage Accounting, which will offer clients automated invoice chasing, invoice finance and credit risk analysis in a single system.

Risk Analysis 68

Risk Analysis Invoicing Credit Risk Cash Management 68

PYMNTS

MARCH 27, 2020

First-party fraud seems difficult to perpetrate because loan applications typically require identity verification with Social Security numbers, which enable banks to track down loan applicants who go off the grid. The bad actors then cut off all contact with the bank, preventing it from recouping its losses.

Technology 83

Technology Leverage Credit Risk Banking 83

PYMNTS

OCTOBER 18, 2020

Buxton previously worked for cloud application monitoring platform Datadog as VP of finance, where he led the company to a $9 billion valuation and a current market capitalization of upwards of $25 billion, with the number of employees growing from 100 to 2,000 during his tenure, the release says.

Finance 64

Finance CFO Reconciliations Credit Risk 64

Future CFO

AUGUST 27, 2023

Businesses face a tremendous number of uncertainties. It is a tall ask, considering that today’s macroeconomic risks can come from unexpected directions. "I Moody’s, he noted, is well known for its counterparty credit risk analysis. And this list is only getting longer daily, with many uncertainties remaining persistent.

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

CFO News Room

JANUARY 21, 2023

Inflation numbers have been coming in high now, for more than a year, but for much of the early part of 2021, bankers, investors and politicians seemed to be either in denial or casually dismissive of its potential for damage. 1.01)-1).

Treasury 130

Treasury Currencies Numbers Marketing 130

PYMNTS

DECEMBER 19, 2016

Instead, I’d like to get you thinking about the implications for payments, commerce and retail for a generation of 70 million that may be strong in number but weak in spending power. Besides that, they’re the ideal credit risk and perfect target to stake the future of FinTech, payments and retail. MORE QUESTIONS THAN ANSWERS.

Advertising 88

Advertising Credit Risk Retail Banking 88

PYMNTS

JULY 1, 2016

What happens when a good credit risk goes bad? Think of management changes (or ousters), location changes, and even changes to telephone numbers – enough of these can add up to signal a business that is in flux, and is becoming, in fact, unstable or transient.

Credit Risk 40

Credit Risk B2B Communication Numbers 40

Future CFO

JULY 8, 2021

“The problem with that approach is that it misses the risk of customers who are financially able to pay but still do not,” she noted. But it’s not an impossible task for finance leaders, and the benefits to understanding their company’s cash flow can be considerable,” she said.

Credit Risk 52

Credit Risk Finance Numbers Investments 52

PYMNTS

JUNE 3, 2020

In an interview with Karen Webster, Chuck Fagan , president and CEO of PSCU , said the very model of the credit union can help members navigate the seismic shifts of a historic economic downturn spurred by the coronavirus. But these were isolated in terms of geography and the number of FIs that they hit.”.

Credit Risk 69

Credit Risk Economics Education Numbers 69

PYMNTS

FEBRUARY 26, 2019

Thin-file credit applicants could go through a fairly painstaking process to build credit with low-value cards, but that wasn’t a good answer for him. To date, Aire has aided in the underwriting of $10 billion of credit across various consumer credit categories.

Credit Risk 61

Credit Risk Financial Data Advertising Finance 61

Future CFO

MARCH 25, 2021

Their combined impact will greatly influence actual insolvency numbers and trade credit risk in 2021 and 2022, the firm added. The post Bankruptcies expected to increase 26% globally appeared first on FutureCFO.

Forecasting 52

Forecasting Credit Risk Economics Numbers 52

PYMNTS

DECEMBER 23, 2019

Starting with one or two pieces of real information (a Social Security number is always one of them, sometimes paired with a real name), fraudsters take their time to slowly nurture a fake credit profile until it has a good enough record to make a big strike.

Securities 52

Securities Numbers Credit Risk Accounting 52

PYMNTS

NOVEMBER 26, 2019

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.

Education 61

Education Construction Credit Risk Securities 61

Future CFO

MARCH 20, 2023

DSO as an accounting metric measures the average number of days a businesses receives payment for goods and services purchased on credit, while DIO is a working capital management ratio that measures the average number of days a company holds inventory before it’s turned into sales.

Credit Risk 52

Credit Risk Transportation Invoicing Economics 52

Musings on Markets

JANUARY 27, 2022

Inflation numbers have been coming in high now, for more than a year, but for much of the early part of 2021, bankers, investors and politicians seemed to be either in denial or casually dismissive of its potential for damage. 1.01)-1).

Treasury 99

Treasury Currencies Numbers Investments 99

PYMNTS

JUNE 26, 2018

“Our partnership with the AICPA will enable the SBA Office of the National Ombudsman to further expand our reach to, and impact upon, an even greater number of CPAs who could benefit from our assistance,” added SBA Deputy National Ombudsman Mina Wales. The SBA and AICPA have been working together since 2008, the entities noted.

Accounting 40

Accounting Compliance Credit Risk Auditing 40

PYMNTS

JUNE 17, 2020

That tactic — cutting corners and pennies — shows a glaring disconnect in risk management, according to Taylor. He said banks pay a lot of attention to financial risk, spanning liquidity risk, credit risk and overall exposure to different markets. Looking Ahead. They’ve also found cryptos a good place to hide.

Banking 75

Banking Compliance Risk Management Credit Risk 75

PYMNTS

JANUARY 25, 2019

Consumers are used to having any number of payment options on offer when they’re ready to push a buy button onscreen, at any time of day. For those firms seeking access to credit, lenders will often start with the SMB principal’s FICO score or tax returns from the past few years, which can be an inefficient barometer of credit risk.

B2B 63

B2B B2C Credit Risk eCommerce 63

PYMNTS

NOVEMBER 9, 2016

Doing that meant that Circle had to build out an AI-powered risk engine that allows it to make 90 percent of its risk and compliance decisions with machines rather than relying on compliance people. This allows Circle to take on the credit risk of transactions to make money move instantly. Despite Venmo’s lead in the U.S.

Currencies 75

Currencies Compliance Communication Credit Risk 75

PYMNTS

MAY 4, 2018

have brought attention to the nation’s plight against late supplier payments, but a new report from Euler Hermes warns this is a global issue — one that is worsening and raising the insolvency risk. Regulators and analysts in the U.K.

Invoicing 43

Invoicing Credit Risk Finance Sales 43

Future CFO

APRIL 27, 2020

The Asian Liquidity Stress Indicator (ALSI) climbed to its second weakest level, and the number of companies rated B3 and below continued to increase in the first quarter of 2020 following a surge of downgrades in Q1, said Moody's Investors Service. . The ALSI climbed to 38.7% in March from 32.9%

Concentration 40

Concentration Credit Risk Economics Numbers 40

PYMNTS

MAY 17, 2017

Only about half of small businesses, he said, have a credit profile or have a credit report on that business, with half of those, in turn, he noted, classified as “thin file” reports. In other words, there exists information on transactions that have been successfully hurdled to start operations, yet are not related to credit.

Credit Risk 40

Credit Risk Risk Management Accounting Numbers 40

PYMNTS

APRIL 7, 2017

Whether it’s decisioning models used for fraud, credit risk, customer operations or marketing, AaaS can be a powerful tool in helping a company address whatever it is trying to solve. Whether that decision flow is around marketing, credit risk, customer operations and retention, etc., The “Buy Vs. Build” Decision.

Credit Risk 49

Credit Risk Math Leverage Technology 49

PYMNTS

AUGUST 14, 2018

The invoiced order payment process is in effect starting today, August 8, 2018, although it may take longer to receive your first invoiced order due to the limited number of Amazon Business buyers qualified for Pay by Invoice,” the company wrote in a letter to sellers, according to eCommerce Bytes. percent of the total invoiced amount.

Invoicing 40

Invoicing Credit Risk eCommerce Accounting 40

PYMNTS

OCTOBER 30, 2018

Credit sales waned a bit this year, at least on the B2B side, as that activity was 37.4 Within that headline number, credit sales were off in Ireland by 7.2 All this points to deterioration of the worldwide outlook for trade credit risk on the horizon. percent in the most recent reading, down from 38.8

Invoicing 47

Invoicing B2B Forecasting Credit Risk 47

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency found that underwriting standards have eased thanks to an increased appetite for credit risk, increased competition and an overall perception of improved economic circumstances. Commercial real estate (CRE) loans, however, continued to strengthen. Amid these fluctuations, the U.S.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

AUGUST 24, 2016

The three credit reporting agencies (Equifax, Experian and Equifax), under a program called the National Consumer Assistance Plan (NCAP) are looking for ways to improve their methods of collecting, reporting and updating data related to public records. consumers have both on their record.

Credit Risk 40

Credit Risk Numbers Planning 40

PYMNTS

SEPTEMBER 27, 2019

They are a very low credit risk — if a developer has an invoice from them, Qwil can be confident it is going to get paid. Our number one goal was offering something super simple with fees that are transparent and interest that is non-accruing,” Reinsch said.

Invoicing 65

Invoicing Advertising Credit Risk Finance 65

PYMNTS

MARCH 14, 2017

A credit score, on the other hand, can and often will affect any and all of those things — plus a whole bunch of others, like whether one will be able to finance a car or rent an apartment. With the possible exception of a social security number, a credit score is really one of the more impactful set of digits in a consumer’s life.

Credit Risk 40

Credit Risk Numbers Securities Finance 40

PYMNTS

MARCH 13, 2017

The standard for removing that data will be failing to completely list important identifying information like a person’s name, address, social security number or date of birth. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports. “It’s

Credit Risk 44

Credit Risk Securities Numbers Finance 44