Enigma

Banks Need Data Providers to Grapple With the Changes in KYB Compliance

Banks Need Data Providers to Grapple With the Changes in KYB Compliance
Banks Need Data Providers to Grapple With the Changes in KYB Compliance
August 15, 2023  |  Bank Regulation

Charles Zhu, vice president of product at Enigma, said “know your business” (KYB) mandates can be onerous on financial institutions (FIs) building an in-house compliance...

READ MORE >
To Expand Credit Access to Small Businesses, Banks Must Tap Alternative Data
To Expand Credit Access to Small Businesses, Banks Must Tap Alternative Data
August 02, 2023  |  SMBs

Chris Hendrickson, senior vice president of small business strategy at Comerica, and Scott Steinberg, chief product officer and chief operating officer of Enigma, said a multidimensional underwriting process...

READ MORE >
Nearly Half of Main Street SMBs Shopping for More Credit
Nearly Half of Main Street SMBs Shopping for More Credit
June 27, 2023  |  SMBs

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Cash-Strapped Main Street Merchants See Credit Options Shrinking
Cash-Strapped Main Street Merchants See Credit Options Shrinking
May 23, 2023  |  SMBs

Many Main Street small businesses are operating on the brink without adequate capital to survive a downturn, making access to finance a critical consideration in...

READ MORE >
Small Businesses See Funding Options Shrink as Credit Tightens
Small Businesses See Funding Options Shrink as Credit Tightens
May 15, 2023  |  Opinion

PYMNTS asked business leaders for their take on how to plan for the rest of 2023, and what they are telling their teams to focus...

READ MORE >
Leveraging Data to Close the Small Businesses Targeting Gap
Leveraging Data to Close the Small Businesses Targeting Gap
May 10, 2023  |  SMBs

The small- to medium-sized business (SMB) space offers an outsize opportunity for B2B growth. Get the Full Story Complete the form to unlock this article...

READ MORE >
How Smart Partnerships Overcome the Buy-Build-Partner Dynamic
How Smart Partnerships Overcome the Buy-Build-Partner Dynamic
April 27, 2023  |  CFO

Succeeding in the face of the unexpected often presupposes a holistic foundation of best-practice controls. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Independent Restaurants Are Without Emergency Funds to Weather Economic Challenges 
Independent Restaurants Are Without Emergency Funds to Weather Economic Challenges 
April 14, 2023  |  SMBs

PYMNTS research reveals most small hospitality firms don’t have cash reserves to fall back on. Get the Full Story Complete the form to unlock this...

READ MORE >