Fintechs are progressively standardizing same-day funding for consumers in the North American lending industry. In doing so, they’re smoking traditional lenders and banks. Nonetheless, incumbents have an opportunity to leverage similar technologies to make the same impact in the commercial lending space. A recent fintech lending study found that over 50% of Read more…
After a long wait, conferences and tradeshows are finally returning in person! This year, ForwardAI is thrilled to be a sponsor at Fintech Nexus USA 2022 – one of North America’s leading events for innovation in financial services (previously LendIt Fintech USA). Check out some of these amazing pictures from Read more…
It can be exciting to get in on the ground floor of a startup with big potential, but as the Theranos story has shown, it’s essential to be wary of any hype and do your due diligence. Before investing in a startup, an investor needs to make sure that it’s a legitimate Read more…
April 2023 Update – ForwardAI Achieves SOC 2 Type II Compliance Certification Technology has advanced significantly in the past decade, and so has the complexity and need for regulatory and security compliance. Banks and financial institutions are constantly storing and interacting with sensitive consumer information. With collaborations between fintech and Read more…
Partnership unlocks new efficiencies and improves underwriting confidence with real-time accounting data Originally published on Accesswire. NEW YORK, NY / ACCESSWIRE / May 17, 2022 / ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with Fifo Capital, a leading provider of business Read more…
Though open banking has been around for half a decade, there’s a new term on the block – open finance. Where open banking is the exchange of data between financial institutions and third parties, open finance is the next step in that journey. Open finance goes beyond the data and Read more…
While larger businesses often have the resources to recover from a financial misstep, small businesses may not have that luxury. Certain money mistakes can be devastating for an entrepreneur or small company that is seeking to maintain steady revenue, especially in a challenging economy. From falling prey to escalating bank Read more…
Sage Intacct API Integration Added Push functionality for Bills and Invoices Attachments Sage Business Cloud API Integration Sync enhancements and performance improvements MYOB API Integration Sync enhancements and performance improvements Predict as a Service Improvements Added Business Settings and Account Settings sections Enable manual syncing of data from SME user Read more…
Finance staffers might think every business decision requires an Excel spreadsheet, just as to a person with a hammer, everything is a nail. The so-called “law of the instrument” refers to using one familiar tool for all purposes, even when it’s not the best solution. For CFOs, it’s a reminder. Corporate finance 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. About 90% of businesses globally are small and medium-sized businesses (SMB). They account for 50% of employment worldwide and generate trillions annually. Despite significant contributions to Read more…