Funding Circle’s new valuation, Bank of America explores the costs of SMB data breaches, and Personetics talks banks’ AI adoption
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

October 12018

       BUSINESS TO BUSINESS EDITION

Late Payments Tracker

In Eastern Europe’s B2B Arena, Late Payments On The Rise

Late payments are on the rise in eastern Europe, finds Atradius’ latest report on global debt-collection practices — and late payments are being used as a form of financing.  Elsewhere, in the United Kingdom, late payments are impacting healthcare.

 

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Data Digest

AltFin’s Inconsistent Path To SMB Adoption

What does small business lending look like? It depends on many factors, including one’s 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.

 

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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 — particularly SMBs — 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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What's Hot


Funding Circle Brings In £300M Through IPO


Bank Of America Eyes Costly Small Business Data Breaches


Default By Top India Non-Bank Lender Rattles Market


M&A Boosts Cortex's eInvoicing Capabilities


Australia Unlikely To Expand Borrower Protections To SMBs


Best of Yesterday


Fusion Expands The View Of Risk Into The Supply Chain


UK Finance: Invoice Fraud A Threat To Business


VCs Eye Business Banking With Latest Crypto, FinTech Investments


 

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