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Information Solutions for SMEs

Alibaba.com Teams with Global Logistics Partners to Help Small Exporters

Alibaba.com is teaming up with major logistics and transportation companies to drive down the cost of overseas shipping faced by smaller exporters and expand the choices available to users of the wholesale e-commerce website. Over the last seven months, Alibaba Group’s international B2B site has announced partnerships with UPS and FedEx for express delivery, Maersk for container shipments, and DHL ... Read More »

Infocredit Group – In Business Awards 2016 Winner!

Infocredit Group Receives an Award in the SME Category It is with great pride that we announce the receipt of the IN Business Award in the category of Small and Medium-Sized Enterprises (SME), an award which is dedicated to professional entrepreneurship celebrating leadership and achievement in Cypriot private companies. We are truly honoured for this recognition and we feel especially ... Read More »

CRIF Germany Launches CREDITY, a new B2B Credit Management Solution

CRIF has launched CREDITY, the new B2B Credit Management Solution (SaaS) for the non-finance service sector. CREDITY is an optimized decisioning & collaboration web tool for international credit management that companies can use for the daily management of their business customer portfolio.  The key benefits are: Fast & easy onboarding (no customization projects required) Cutting edge user interface (“strong UX”) ... Read More »

Contribution of Advanced Credit Reporting System to Financial Inclusion and Financial Stability

According to an age old maxim credit and credit reporting are intertwined.  Economic growth is reliant on a well-functioning credit system providing access to credit to individuals and businesses.  Access to credit however hinges on the availability of accurate, reliable and timely information.  Without such information there will be no economic growth. Ömer Kayhan Seyhun, Senior Specialist at the Central ... Read More »

Moody’s to Collaborate with Euler Hermes on Credit Ratings for European SMEs

Moody’s Corporation (MCO) announced a collaboration with Euler Hermes Rating GmbH (EHRG), a Hamburg-based ratings agency, to provide credit ratings for small- and medium-sized enterprises (SMEs) and mid-cap companies across Europe. EHRG is a subsidiary of Euler Hermes (ELE:PA), the world leader in trade credit insurance. Euler Hermes Rating, through its collaboration with Moody’s, will launch new credit ratings services ... Read More »

Experian and Nav Partner to Provide Transparency and Financial Access for Small Businesses

Experian® and Nav, the only free source for both personal and business credit scores, today announced a strategic partnership to provide small businesses greater transparency into their business and personal credit data, along with instant access to their most-qualified financing options based on their credit profile. This new and free approach saves small businesses valuable time and money, helping to ... Read More »

Alibaba to Expand Investment in ASEAN

Alibaba will boost investment and development in ASEAN, according to founder and chairman Jack Ma.  Alibaba will “participate in the development of local small- and medium-sized enterprises and young people,” said Ma at the opening ceremony of the 13th China-ASEAN Expo in Nanning, which runs from Sunday to Wednesday. He did not, however, elaborate or share any specific plans.  China-ASEAN ... Read More »

Jack Ma Seeks Global e-trading Platform

As a follow up to the May 2016 B20 SME Taskforce meeting in Paris, Jack Ma, executive chairman of e-commerce giant Alibaba Group, has called for the establishment of an electronic world trade platform whose objective would be to reduce barriers to make it easier for small and medium-sized enterprises to expand their trading capabilities worldwide. The so-called eWTP initiative, ... Read More »

Australian Risk Climate: SMEs Pay Invoices at Faster than Average Rates – Larger Businesses Pay 1.5 Times Slower

Small businesses are being pressured to pay invoices faster while larger businesses lag behind, increasing the risks for small business owners already plagued by cash flow issues.       Research from Veda[1], a leading provider of credit information and analysis in Australia and New Zealand and a wholly owned subsidiary of Equifax, revealed that over the past 12 months, ... Read More »

The March of the Machines: Transforming Services & Professions

The world stands on the brink of a 4th industrial revolution, not just about manufacturing or automation but transforming services & professions. Rapid advances in a host of technologies, including artificial intelligence, 3-D printing, robotics, Big Data and data science, genetics, medical imaging and computer vision are combining to alter almost every profession and every industry in potentially radical ways. ... Read More »

APEC to Develop Road Map for Expansion of Microinsurance and Disaster-risk Finance

The Asia-Pacific Economic Cooperation (Apec) member-economies will develop a road map for expanding the coverage of microinsurance and disaster-risk finance in a bid to mitigate the impact of natural disasters particularly on micro, small and medium enterprises (MSMEs). Finance Undersecretary Gil S. Beltran, in an international forum on trade financing, said the creation of the road map and network of ... Read More »

Transparency at Bay:  Another Disaster for Fiji – This One Man Made?

Fiji Credit Bureau Closed by Government Fiat without Prior Public Consultation. Lending Community is Perplexed – Lending to Individuals and Businesses Likely to be Impaired On Tuesday the 26th of April the Minister for Finance announced  that the Government was moving to pass a Bill which would regulate credit reporting agencies in the country and advised that the Bill would ... Read More »

Experian UK Works to Widen SME Access to Finance

Experian UK has taken significant steps to help SMEs benefit from the access to finance measures announced by the Government.  Under government plans, enhanced credit information held by nine designated banks will be shared equally with finance providers that agree to share their own credit data. This will make it easier for challenger banks and alternative finance providers to assess ... Read More »

Moody’s Acquires Stake in Finagraph, Expanding Commitment to Small Business Lending Solutions

Moody’s Corporation (NYSE:MCO) today announced an investment in Finagraph, a pioneering provider of automated financial data collection and business intelligence solutions. The investment underscores Moody’s commitment to applying advanced technologies to enhance the availability and quality of financial data and credit analysis on small and medium-sized enterprises (SMEs). Moody’s investment will enable Finagraph to further develop its technology and drive ... Read More »

Validis:  Revolutionizing the Auditing Process for Accountancy Firms Serving SMEs

Validis is the data transmission software that’s revolutionizing the auditing process for accountancy firms that service SMEs. Validis enables up to a 25% time and resource saving on every review, giving hours back to practices whilst helping to enhance the service they provide to their clients.  Validis is a web-based technology that connects seamlessly with SME accounting packages such as ... Read More »

Thomson Reuters and IBM Collaborate to Deliver Watson Cognitive Computing Technology

Thomson Reuters to deploy Watson technology to enhance customer solutions Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, and IBM announced they have entered into an agreement to enhance customer solutions across Thomson Reuters using Watson. The collaboration underscores the ongoing commitment by Thomson Reuters to deliver innovative technology solutions within specific industry domains to ... Read More »