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Improve loan decisioning: 5 ways to serve small businesses better

Abrigo

Instead, financial institutions should focus on managing risk through better loan decisioning models. Small business owners dont need shared national credit structures; they need simple, flexible loan options. While its true that nearly half of small businesses fail within five years, risk avoidance isnt the solution.

Lending 195
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Visa ‘Hackathon’ Produces A Digital Payment Tool For Small Businesses

PYMNTS

Its mission, which just won the official admiration of Visa , is to move small businesses away from checks and paper receipts by migrating invoice management online. The event capped off National Small Business Week. with the backing of Visa and the U.S. Small Business Administration (SBA). Contest participants used APIs from the U.S.

Tools 173
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Makers Of ‘Your Child’s First Robot Friends’ Gets $20 Million In Funding

PYMNTS

Wonder Workshop , a San Mateo, California-based company that makes two types of toy robots intended to teach children coding skills, announced on Thursday (July 28) that it had secured $20 million in Series B funding from a round of investors. Wonder Workshop had previously raised $15.9 “Coding is the modern-day superpower. .

Groups 100
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Americas FSI Digital Commentary: 3 Ways to Accelerate Digital Strategy in 2023

Cisco

As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.

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Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

Launched to provide resources Cybersecurity Awareness Month was launched in 2004 by the National Cybersecurity Alliance (NCA) and the U.S. The idea was to create a national campaign to educate people about cybersecurity basics, such as using strong passwords, updating software, and avoiding phishing emails.

Online 221
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Win new valuation engagements by asking business owners these 4 questions

Abrigo

If your valuation practice is a standalone practice, consider hosting free workshops on how business owners can plan for their future with succession or exit planning. Has it been communicated to management? Providing a benefit to employees/managers? How would you describe your transition plan? Do you have one? Is it documented?

San Diego 150
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Collaboration Key To Combat Corporate Financial Reporting Fraud

PYMNTS

The collaboration is also holding workshops to promote collaboration among the business community and explore best practices for corporate data security. Addressing Challenges for Highly Subjective and Complex Accounting Areas concluded that an effective accounting policy is also critical and guides all other processes.

Fraud 100