PYMNTS

JANUARY 19, 2021

SMB clients don’t need to possess a credit card or make a payment harnessing Boleto (a payment method in Brazil), and the merchant doesn’t face credit risk exposure.

eCommerce 85

eCommerce Finance Credit Risk Investments 85

PYMNTS

DECEMBER 19, 2016

And a set of problems with some very pointed implications for everyone in payments, retail and commerce whose ambition it is to capture the purchasing power of this coveted generation. Besides that, they’re the ideal credit risk and perfect target to stake the future of FinTech, payments and retail. Or should it?

Advertising 88

Advertising Credit Risk Retail Banking 88

PYMNTS

OCTOBER 7, 2016

Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. For QIWI, this transaction is another step in implementing its M&A strategy of investing in promising teams and technologies in the FinTech space.

Data Analysis 55

Data Analysis Credit Risk Risk Management eCommerce 55

PYMNTS

APRIL 2, 2020

It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. Big Data significantly affects banks’ back-of-house operations as well as their customer-facing processes.

Banking 94

Banking Risk Management Credit Risk Advertising 94

PYMNTS

AUGUST 20, 2020

Behalf said that B2B sellers can use its product to “receive payment upfront, without the need to assume credit risk. Consumers have enjoyed a broad range of financing solutions offered by retailers and e-tailers for many years,” noted Rosenblatt.

B2B 64

B2B Credit Risk Finance Startups 64

Global Finance

JULY 29, 2024

Banks have been traditionally product-centric,” says Rajesh Saxena, CEO of Retail and Central Banking at Intellect Design Arena, a fintech designer for financial services. AI algorithms analyze vast amounts of data to assess credit risk, detect anomalies, and prevent AML fraud,” Saxena notes.

Management Consulting 124

Management Consulting Banking Finance Compliance 124

PYMNTS

JANUARY 25, 2019

Credit offered at the point of sale (POS) is a concept that, done successfully, can help smaller firms move away from inefficient processes rooted in paper, and can mean the difference between taking on a project and growing … or not. This is a major gap in a market that is three times the size of B2C,” he told Webster.

B2B 63

B2B B2C Credit Risk eCommerce 63

PYMNTS

OCTOBER 17, 2016

On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to continue its expansion of consumer-friendly point-of-sale financing at leading online and offline retailers, the company said in a press release.

Credit Risk 51

Credit Risk Risk Management Leverage Finance 51

PYMNTS

FEBRUARY 3, 2020

Consumer loans are also processed through Goldman’s retail banking arm, Marcus. John Cronin, an analyst at Goodbody’s, told FT that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”.

Credit Risk 52

Credit Risk Leverage Banking eCommerce 52

CFO Talks

AUGUST 21, 2024

Practical Example: Consider a retail chain that leases multiple stores. With IFRS 16, the retailer now needs to record the leased stores as assets (right to use) and the lease obligations as liabilities. This is particularly important for sectors like banking, where managing credit risk is a key focus.

IFRS 52

IFRS Profit and Loss Communication Credit Risk 52

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. Today, the firm mostly serves credit card issuers and retail financing providers.

Credit Risk 61

Credit Risk Financial Data Advertising Finance 61

PYMNTS

DECEMBER 22, 2020

Offering sales to corporate customers on trade credit is an important component of B2B trade. But in the legal cannabis space, a lack of digital payments adoption and bank participation has left marijuana vendors unable to offer trade credit to their retail customers.

Accounts Payable 79

Accounts Payable B2B Invoicing Accounting 79

Future CFO

SEPTEMBER 20, 2023

More than 70% of enterprise executives said they face issues in dispute negligence, poor credit risk assessment, and delayed or duplicate payment processing. Expectations are also changing, with 63% of corporate clients are demanding a retail-like payment experience from their banks in 2023.

Cash Management 52

Cash Management Treasury Credit Risk Retail 52

PYMNTS

NOVEMBER 15, 2017

The new credit-based payments feature will target PPRO’s PSP customers, giving them access to Klarna’s customer base of 70,000 merchants. With the feature, the payment is settled with the retailer upfront after assessing the credit risk, with Klarna carrying all of the risks.

Credit Risk 40

Credit Risk Invoicing eCommerce Retail 40

PYMNTS

MAY 1, 2020

Over 38 percent of consumers are now buying retail goods and groceries online more often than they did before, and 11.3 As Pandemic Reshapes Consumer Behavior And Credit Risk: In AI We Trust? banks are reserving tens of billions of dollars against potential credit card and loan defaults.

Credit Risk 56

Credit Risk Banking Economics Planning 56

PYMNTS

MARCH 5, 2019

As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. Those smaller B2B operators “are not in the best position to be accepting and taking credit risks,” Sebastian Rymarz, chief business officer for Fundbox , told Karen Webster in a recent interview with PYMNTS.

B2C 63

B2C B2B Concentration Credit Risk 63

PYMNTS

JUNE 3, 2020

Looking out at the phased reopenings that are just beginning to take root in various states, Fagan said that as restaurants and retailers return to operations, because they must observe social distancing mandates, they will recapture only a small percentage of lost business.

Credit Risk 69

Credit Risk Economics Education Numbers 69

PYMNTS

AUGUST 3, 2017

Businesses considered to be in “significant” financial distress have had a minor County Court Judgment filed against them, or have been identified by Begbies Traynor’s credit risk scoring system. That system analyzes working capital, profits, net worth and contingent liabilities, according to the report. In the U.K.’s In the U.K.’s

Numbers 46

Numbers Construction Profit and Loss Credit Risk 46

PYMNTS

AUGUST 10, 2018

We are not a form of sub-prime credit.”. Here’s how Grover works: Either through the Grover website, or via the company’s 10 or so retail partners, a consumer decides to rent a specific product. We rolled it out to 100 very loyal customers who we know have very good credit risk,” Antonioli said.

Retail 44

Retail Startups Credit Risk Education 44

Future CFO

APRIL 27, 2020

These factors signal rising credit risks and potentially more distressed exchanges and defaults in the coming months, the rating agency added. The majority of downgrades were in industries with high or moderate exposure to coronavirus disruption, such as auto, commodity related, property, retail and REIT," Di Chiara noted.

Concentration 40

Concentration Credit Risk Economics Numbers 40

Future CFO

DECEMBER 18, 2020

Matthew Wells: Adjusting to the “new norm” of assessing credit risk, management information may not be too helpful in judging how a company has worked through COVID-19. Fashion, furniture, and electronics retailers will be hit hardest as consumers forego discretionary purchases in favour of stocking up on food and household supplies.

Marketing 52

Marketing Profit and Loss Credit Risk Finance 52

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. Cyber threats are increasing in speed and sophistication,” the OCC stated.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

MAY 2, 2018

As IBM and Twiga continue to test the solution, they are refining the platform based on retailer feedback and plan to broaden the scope of the solution to small businesses in other industries across the continent by the end of the year. PayPie’s offering includes a credit risk assessment with proprietary credit score, the firm added.

Credit Risk 48

Credit Risk Finance B2B eCommerce 48

PYMNTS

DECEMBER 19, 2018

That’s working to the benefit of companies such as Ondot , and their financial, payments and retail clients. More data means more truth — a clearer picture, something with the clarity of a photo-realistic image rather than the fuzziness of an impressionistic painting. That all serves to save money and boost revenue.

Credit Risk 43

Credit Risk Retail Technology Accounting 43

PYMNTS

FEBRUARY 7, 2020

John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”.

eCommerce 52

eCommerce Benchmarking Restructuring Credit Risk 52

PYMNTS

SEPTEMBER 26, 2019

And that AI’s potential, wherever it is applied, is going beyond the constraints of the systems and tools of the past — to a future that manages to both have fewer risks and create less friction for the consumer. But when talking about risk and risk management in the payments game, Webster and Jha noted, the picture is actually a lot wider.

Risk Management 63

Risk Management Compliance Securities Credit Risk 63

PYMNTS

AUGUST 12, 2016

where FinTech is a prized industry and payments innovation is a seeming constant, the retail banking sector has been rather set in its ways, dominated by a few big players who have been less-than-speedy in granting loans to small and even micro-sized businesses. In the U.K., The fees are high and paid out for less-than-stellar service.

Credit Risk 40

Credit Risk Banking Accounting Technology 40

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. MaxAB targets informal food and grocery retailers and suppliers, connecting them on a digital platform to conduct trade.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

NOVEMBER 17, 2017

We think historical cash flow data is a much better predictor of credit risk,” Youakim said, “Especially when you are talking about the ability to pay off $200 in two months.”. The standard is 6 percent, though there are “volume-based discounts to larger retailers,” Paradis explained. There is no interest charged on the loan.

Finance 41

Finance Credit Risk Banking Accounting 41

Finvisage

JANUARY 2, 2020

These figures suggest the high credit risk exposure of UK in a global perspective. The sector mainly comprises of finance and business services, consumer-focused industries, such as retail, food and beverage, and entertainment. and stood 2nd in the list of top 10 dynamic traders in 2018, reporting growth of 10%. in 2016 to 1.8%

Construction 52

Construction Manufacturing Economics Profit and Loss 52

PYMNTS

APRIL 30, 2018

Goldman Sachs reported on its Q1 earnings call that Marcus, since it launched, has originated $3 billion of new loans and taken in $9 billion of new retail deposits. During that call, Goldman Sachs’ management said they’re in no big hurry to grow Marcus by opening the credit spigot too fast or too wide. Digital Banks.

Banking 73

Banking Investments Accounting Concentration 73

PYMNTS

MAY 10, 2016

With very little credit risk actually at play, Ayers explained that the bank’s evaluation on offering standard traditional financial tools should really be based on the legitimacy of the identity being presented. Most importantly, he said that the consideration for an individual’s access shouldn’t be focused on creditworthiness.

Leverage 42

Leverage Banking Credit Risk Accounting 42

PYMNTS

JANUARY 11, 2018

Lending Hero has focused specifically in the retail, construction and medical fields, via co-branded partnerships with merchants and services providers.

Risk Management 43

Risk Management Finance Sales Construction 43

PYMNTS

DECEMBER 26, 2016

Likewise, the rate of online fraud attacks on retailers has doubled, up 137 percent year over year in the first quarter of 2016. Mike Cook, CEO and founder of XOR Data Exchange, explained how his company used data aggregation to manage SMB credit risk, fight fraud and put consumers back in control of their identity.

Financial Systems 44

Financial Systems Banking Credit Risk Economics 44

Barry Ritholtz

MARCH 4, 2025

A big part of that expansion over really the last decade has been sort of California and the west coast overall, where we, prior to the WAMU acquisition didn’t have a ton of sort of like retail presence and or sort of boots on the ground there. But does the commercial banker need that industry expertise?

Banking 52

Banking Mergers and Acquisitions (M&A) Marketing Manufacturing 52

Barry Ritholtz

SEPTEMBER 12, 2022

And so, with this gave me exposure to everything from investment banking to retail, looking at like checking account campaigns, like how do you get more assets in the door to credit risk. And ultimately, to make a very long story short, I fell in love with derivatives. So derivatives were a part where I was very intimidated.

Investments 119

Investments Marketing Profit and Loss Banking 119

Barry Ritholtz

FEBRUARY 13, 2023

But there are so many tools at your disposal, and let alone how much duration you’re taking, how much interest, how much credit risk you’re taking, illiquidity, et cetera. And how do you make the decision, I’m not comfortable with this credit risk relative to the return it’s going to throw off?

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Investments Marketing Education 59