Search Results for: COVID pandemic

New Study Reveals the Struggles that Many Businesses Face in Getting Paid During the COVID-19 Pandemic
Business Fintech News

New Study Reveals the Struggles that Many Businesses Face in Getting Paid During the COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
GoCardless study finds 96% of enterprise businesses are waiting more than 10 days on outstanding payments. GoCardless, a leading fintech for recurring payments, today unveiled a new Forrester Consulting study it commissioned which found that 96% of businesses have outstanding payments for 10+ days. The study, ‘Rethink Your Payment Strategy to Save Your......
Fintech News

Tipalti Data Shows the Impact of COVID-19 Pandemic on Global Payables

Fintech News Desk
by Fintech News Desk0
The latest data correlates shifts in supply chain payments with the waves of the novel coronavirus globally and across several industries Tipalti, the leading global payables automation solution, released findings that demonstrate which industries and countries have experienced the biggest shifts in average remittance per transaction (ART) during the COVID-19......
Venminder
Banking Fintech News

COVID-19 Pandemic Spurs Wave of Mega Corporate Bankruptcies

Fintech News Desk
by Fintech News Desk0
Mega bankruptcy filings were concentrated in two industry sectors—mining, oil and gas; and retail trade—as oil prices collapsed and remain depressed and traditional retailers faced an increasingly difficult environment. The economic disruptions that the COVID-19 pandemic spurs has sparked worldwide have triggered a wave of large corporate bankruptcy filings in......
doxo
Fintech News

42% of Americans Have Missed Bill Payments Due to Financial Impact of COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
doxoINSIGHTS report shows 57% of consumers have suffered from reduced incomes; Auto loans, utilities and cable/internet the most commonly missed bills doxo, the innovative web and mobile bill pay service, today released new survey data that examines how the COVID-19 pandemic has impacted consumers’ ability to pay their bills. With......
Experian: Americans Are Maintaining Healthy Credit Profiles During COVID-19 Pandemic
Fintech News

Experian: Americans Are Maintaining Healthy Credit Profiles During COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Latest State of Credit report highlights less credit card debt, lower utilization rates and fewer missed payments year-over-year In a continued effort to educate consumers about factors influencing their financial health, Experian released key findings from its 11th annual State of Credit report, which examined how consumers are managing their credit histories......
Highland Bank Implements Nutanix Technology to Adapt to the COVID-19 Pandemic
Banking Fintech News

Highland Bank Implements Nutanix Technology to Adapt to the COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Nutanix Solutions Improve Infrastructure Reliability and Business Continuity Nutanix, a leader in enterprise cloud computing, announced that Highland Bank, a privately-held, business focused bank implemented Nutanix hyperconverged infrastructure (HCI) to enable employees to work from anywhere in response to the COVID-19 pandemic, as well as increase the flexibility and reliability......
Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study
Business Fintech News

Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study

Fintech News Desk
by Fintech News Desk0
Before the coronavirus pandemic hit, revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have declined dramatically since March, according to the annual Biz2Credit Latino-Owned Business Study for 2020. Read More: Black Knight Delivers a Major Enhancement to Its CompassPoint Pool......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Fintech News

FinTech Lender Credibly Supports Small Businesses During the COVID-19 Pandemic, while Preserving their Asset Backed Securitization

Fintech News Desk
by Fintech News Desk0
The pandemic has had a devastating effect not only on small businesses, but also the lenders who provide them with financing. Many lenders were unable to adapt their servicing practices to accommodate distressed merchants while maintaining a viable revenue stream for themselves. In addition, those lenders relied upon their standard......
TrustRadius Names BlackLine A 2020 Tech Cares Award Winner For Giving Back To The Finance & Accounting Community During COVID-19 Pandemic
Fintech News

TrustRadius Names BlackLine A 2020 Tech Cares Award Winner For Giving Back To The Finance & Accounting Community During COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Accounting automation software leader recognized for helping customers close their books and conduct audits remotely Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has won a 2020 Tech Cares Award from TrustRadius, a leading B2B software peer reviews platform.  The 2020 Tech Cares Awards celebrate companies that have gone above and beyond,......
AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding
Business Fintech News

According to Zuora: Subscription Businesses Outpace S&P 500 Revenues Nearly 6X Amid Covid-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Zuora, the leading subscription management platform provider, released the latest edition of its annual Subscription Economy Index™ (SEI) designed to measure the collective health and growth of subscription businesses across industries including Software as a Service (SaaS), Manufacturing, Media, Publishing, Telecommunications, and for the first time since its inception in January......
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