“If lenders don’t invest in robust technology solutions for managing the coming onslaught of loan applications, they risk, at best, falling behind other lenders and, at worst, mismanaging loans and applications when they do come in.” Much needed relief is…

Trading of goods in international market is complex and fraught with risks and uncertainties. Transactions are made between entities in distant countries and there is often a trust deficit between sellers and buyers. And this is why risk-mitigating trade finance products…

For the past few months, America has been waiting for a new COVID relief package. On Dec. 20, negotiators finally agreed upon a $900 billion package with $320 billion going towards the PPP (Paycheck Protection Program) for small business. The…

The current economic crisis along with restrictions related to pandemic has significantly impacted small businesses. The Paycheck Protection Program (PPP) is a loan designed to provide incentive for small businesses to retain workers on the payroll. Small Business Administration (SBA)…

Technology is evolving so quickly that anyone with the title Architect can feel overwhelmed when it comes to deciding what to choose and how long the choice is going to last. This isn’t going to change anytime soon, and here…

The pandemic has hit businesses hard. With so many in need of assistance, the federal government and SBA are offering low interest and forgivable loans to small business owners. The PPP (Paycheck Protection Program) is one of the most popular…

According to the world economic forum more than 25% of a company’s market share is directly linked to its reputation. Reputation matters to all organisations, but very few have a plan to address reputation risks. There is no industry standard…

Major changes are coming to the finance industry worldwide as regulators are pushing for banks to move away from LIBOR (London Interbank Offered Rate). This is potentially the largest ever fundamental change that the finance industry has had to deal…

LIBOR is London Interbank Offered Rate, the benchmark rate in nearly $350 Trillion worth financial products contracts worldwide. Financial institutions have to completely transition away from LIBOR by the end of 2021. SOFR (secured overnight financing rate) has been developed…