Funding Circle’s new valuation, Bank of America explores the costs of SMB data breaches, and Personetics talks banks’ AI adoption
| | | | BUSINESS TO BUSINESS EDITION | | In Eastern Europeâs B2B Arena, Late Payments On The Rise Late payments are on the rise in eastern Europe, finds Atradiusâ latest report on global debt-collection practices â and late payments are being used as a form of financing.  Elsewhere, in the United Kingdom, late payments are impacting healthcare. |
| AltFinâs Inconsistent Path To SMB Adoption What does small business lending look like? It depends on many factors, including oneâs location. For example, alternative finance in the U.K. seems to be kicking off, showing evidence of surpassing traditional bank lending at many times. Meanwhile, in the U.S., SMBs are too unfamiliar with alternative finance to turn to online players. In Mexico, small business lending is muted across the board. |
| | SMB Banking | | Personetics Explores How To Make AI Banking Work For The Bank Artificial intelligence offers the opportunity for banks to provide sophisticated analytics and advisory services to customers â particularly SMBs â while saving money. Personetics CEO David Sosna says that while small businesses are embracing the tech, banks must get on board, too. It has broad implications for artificial intelligence and how it makes use of bank data, disrupts products and services, and fits into banks' existing systems, Sosna explains. |
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