Discover how open banking is changing the fintech industry, and how big data is powering this transformation to provide better services for consumers The rise of open banking is revolutionising how people use and interact with their finances. With open banking, financial service providers can provide more bespoke services for Read more…
The future of payments is contactless, if 2021 is any indication, as digital payment services like Zelle and PayPal become increasingly ubiquitous. Ninety-three percent of 2,000 adults surveyed in a recent study by $3.3 trillion JPMorgan Chase said they used one or more digital payment services in 2021. Read more Read more…
Nomination demonstrates need to modernize Small and Medium-Sized Business (SMB) lending, highlights potential of digital technologies for lenders and borrowers Originally published on Accesswire NEW YORK, NY (January 6, 2022) – ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced today that it has Read more…
Technology is advancing at a rapid pace across industries these days – including in the financial and banking sectors. As both business and personal customers embrace the convenience of digital transactions, fintech shows no signs of slowing down. Innovation and adaptability are the keys to success in every industry today, Read more…
2021 was marked by unpredictability. If at its beginning we hoped we would be “going back to normal” in a matter of weeks, by the end we were sure that “the old normal” is not coming back, and that even “the new normal” is a transient concept. As the notion Read more…
When you’re starting a new business, you need to ensure that the money you’re bringing in is greater than the amount that is going out. One way to do this is by increasing your revenue, while at the same time decreasing your expenses. Of course this is easier said than Read more…
As 2021 draws to a close, it’s safe to say that the year has been full of ups and downs. With the world very cautiously emerging from the global pandemic, one thing has remained constant: the innovation and growth the fintech industry continues to bring. While the year has been Read more…
A solid accounts receivable process ensures steady cash flow to your business, which makes it an integral part of your overall financial strategy. Modern technology has made it easier than ever for businesses to stay on top of their AR and promptly collect payments from customers and clients. Companies are Read more…
Last year, while the pandemic was heating up, banks’ attitudes toward small business lending turned cold. With lockdown measures in place, underwriting became difficult and risk increased across commercial lending. We tapped ForwardAI CEO and Co-Founder Nick Chandi to discuss what the current lending environment looks like, how data can help, and Read more…
Originally published on Accesswire A whitepaper from LendIt and ForwardAI emphasizes the opportunity of real-time and forward-looking data for improved efficiency and confidence in underwriting decisions NEW YORK, NY (December 1, 2021) ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, collaborated with LendIt Fintech, the Read more…