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Business owners looking for a cash infusion may seek out online lending over more traditional banking options. Many may assume that online lending is a faster and easier way to access needed funds. But as with any other funding option, it’s essential to know the facts about online lending before Read more…
September Company Update Announcement: Swoop Funding Selects ForwardAI Technology to Improve Loan Underwriting by Leveraging Easy-to-Access, Reliable Accounting Data ForwardAI is excited to announce our partnership with Swoop, the one-stop money shop for businesses. Through the partnership, we’re bringing normalized and standardized accounting data to Swoop’s underwriting process. Blog – Read more…
The support for the Precise API V1 will end on November 30th, 2022. Users should make the switch to V2 as soon as possible to ensure a smooth transition. Data types Added new attribute to Line Item: “lineItem.discountAmount” This new attribute gives a separate discount amount entry for each line Read more…
The importance of a business’ credit rating is similar to that of a consumer: Good credit can demonstrate to lenders, vendors, and potential investors and partners that the company has a solid foundation and is capable of meeting its financial obligations and making timely payments. In contrast, those with low Read more…
Partnership underscores the value of lending APIs in accessing real-time and forward-looking accounting data, improving access to Small- and Midsize Business (SMB) loans Originally published on Accesswire. NEW YORK, NY / ACCESSWIRE / September 7, 2022 / ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced Read more…
Originally published on DealMaker Magazine. By Nick Chandi, CEO and Co-Founder, ForwardAI The unpredictable changes of the COVID-19 pandemic have thrust small and medium-sized businesses and lenders into a new reality, one that is mainly dependent on the latest technologies to continue functioning. DealMaker examines three ways embedded lending systems Read more…
ForwardAI is delighted to announce that we have been shortlisted as a finalist for both the Accounting Tech of the Year and the LendTech of the Year 2022 in the US FinTech Awards presented by FinTech Intel – a global market intelligence platform for financial services technology. These awards were Read more…
ForwardAI is excited to announce the release of the powerful Precise API V2. We have fully deprecated the V1 to move on to a more robust, tested, and faster API that supports our partners to empower them with better data. The details of the changes we have made to the Read more…
Originally published on BAI. A key takeaway from many billions of dollars in PPP losses is that tech-based solutions may be increasingly necessary as lending scams grow more complex. The first charges against Payment Protection Program fraud were filed in May 2020 — barely a month after the Coronavirus Aid, Read more…
Visit booth 1245 on October 24-26, 2022 For the second year in a row, the ForwardAI team will be attending Money20/20 USA 2022 as a sponsor with a booth in Las Vegas. With over 8,000 people from over 2,800 companies, Money20/20 brings together experts and leaders in the financial industry Read more…