| How The SBA Helps SMBs Go Cross-Border The U.S. Small Business Administrationâs Office of International Trade named Nick Nicholas of Genesis Water Technologies as 2020 SMB Exporter of the Year this week as the agency makes an aggressive push to help SMBs expand into foreign markets. Loretta Solon Greene, the officeâs associate administrator says only 1 percent of Americaâs 30 million small businesses currently export at all. Hereâs how theyâd like to change that. |
| FinServ Redraws Its Fraud-Fighting Roadmap The pandemic created a once-in-a-lifetime shift for the payments ecosystem as digital transactions skyrocketed, but itâs also created an environment rife with fraud. Lukayn Hunsicker, Feedzaiâs vice president of product/financial solutions, tells PYMNTS how service providers can combine data, behavioral analytics and a deeper connection to end users to redraw their fraud-fighting roadmaps for the future of electronic payments. |
| FinTechs See SMB Factoring As Ripe For Disruption The pandemic has shined a spotlight on the urgent capital needs of SMBs. Brian Reaves, CEO of Amsterdam-based Factris, tells PYMNTS that SMB financing â particularly the practice of factoring â is offering a lifeline for European SMBs â and how online factoring platforms are ripe to disrupt the industry. Hereâs how. |
| The Rise Of The ‘Device Biometric’ Big Data is a trillion-dollar industry, but for merchants and financial institutions, it’s what they do with the data that counts. Sanjay Gupta, vice president and global head of products and corporate development at Mitek, says getting the most out of data can improve the customer experience and boost identity assurance, provided there is a skillful interplay between humans and machines. |
| | Credit Union Tracker | | Report: Credit Unions Look Past FICO Scores To Unlock Member Credit More consumers are looking to access loans during the pandemic, but some lack the credit histories needed to obtain them. Credit unions can step up, however, by relying on more than traditional-scoring metrics when making lending decisions, says Eric Levine, CEO of Alternatives Federal Credit Union. In the latest Credit Union Tracker, Levine discusses how CUs can tap into alternative data sources to offer financial lifelines to members in need. |
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