Originally published on BAI. Seen in the crystal ball are advances in open banking, more real-time payment options, a greater focus on SMBs and deeper collaboration with fintechs. The new year is setting up to be an exciting one, with major movement on essential regulations, competition entering the instant payments Read more…
Originally published on Forbes.com. Nick Chandi is the CEO of ForwardAI, which offers easy, versatile business data access and analysis for banks, lenders and fintechs. Launching your own business can be rewarding, but frustrating and scary at the same time, especially with today’s supply chain challenges and inflation. Running a Read more…
Originally published on FoundersPress. Rising inflation, high interest rates, labor shortages, ongoing supply-chain issues, and an impending recession have collectively forced global venture capital activities to slow. Investors are operating cautiously by tightening their purse strings and executing due diligence with more focus. As a start-up founder, proving you have a Read more…
Over the last six months, we’ve spent hundreds of hours listening to advice and opinions from accountants and small business owners on how to improve. Hundreds of accountants and small businesses worldwide trust Forwardly’s Cash Flow App to forecast and plan their cash flow. We know cash flow management is Read more…
Originally published on Credit Union Times. Technology is changing the banking industry rapidly, and smaller institutions are unprepared. But by leveraging their banking charters, working with fintech partners and adopting real-time payments (RTPs), credit unions can cement their claim in the future of financial services. Credit unions pride themselves on Read more…
Originally published on Fintech.ca. Cash flow is a problem that has been troubling small and midsize businesses (SMBs) and accountants since the dawn of time. Combine tight capital, slow cash turn-around time, and lack of planning, and it’s no surprise that this issue comes back, again and again, every month-end when Read more…
Originally published on Forbes.com. Nick Chandi is the CEO of ForwardAI, which offers easy, versatile business data access and analysis for banks, lenders and fintechs. Traditional and nontraditional lenders have a variety of loan and financing options available for small- to medium-sized businesses (SMBs), from equipment and inventory financing to a Read more…
Originally published on DealMaker Magazine. By Nick Chandi, CEO and Co-Founder, ForwardAI The unpredictable changes of the COVID-19 pandemic have thrust small and medium-sized businesses and lenders into a new reality, one that is mainly dependent on the latest technologies to continue functioning. DealMaker examines three ways embedded lending systems Read more…
Originally published on BAI. A key takeaway from many billions of dollars in PPP losses is that tech-based solutions may be increasingly necessary as lending scams grow more complex. The first charges against Payment Protection Program fraud were filed in May 2020 — barely a month after the Coronavirus Aid, Read more…
Originally published on Forbes.com. Nick Chandi is the CEO of ForwardAI, offering easy, versatile business data access and analysis for banks, lenders and fintechs. Money management and cash flow are consistently cited as some of the top reasons that small and midsize businesses (SMB) fail. The U.S. Bureau of Labor Statistics estimates that Read more…
