How to avoid common mistakes that can lead you to bankruptcy

There are some common mistakes that entrepreneurs make that can lead to financial ruin. By utilizing factoring and alternative financing options, you can secure your financial stability and avoid the pitfalls of insolvency.

How Workflow Automation is Transforming Credit Scoring

By leveraging advanced algorithms and data analytics, banks can harness alternative data sources to widen the understanding of the customer’s creditworthiness that consider a wider range of factors beyond traditional credit history.

How Banks and FinTechs help the financial system

The relationship between banks and FinTechs is multi-faceted, encompassing partnership, competition, and supplier dynamics. Their collaboration can drive innovation, improve customer experience and shape the future of finance

Perspectives for 2024: Tips for successful entrepreneurs

The year 2024 holds immense potential for entrepreneurs who are willing to adapt, innovate, and strategize. Financial planning, budgeting, forecasting, investment exploration, funding options, are all vital components of a comprehensive financial strategy.

What limits the access to financing for SMEs

Through the use of Alternative Data Credit Scoring, iFactor has a positive impact on SMEs and on the Business environment in general, increasing the access to finance and promoting a more dynamic financial environment.

Alternative Data can Reshape Lending Processes

The adoption of alternative data credit scoring engines is transforming lending practices, and enables lenders to make more accurate risk assessments, expand access to finance, and support economic growth.

Financial Inclusion: A catalyst for a Sustainable Growth

Access to financing is one of the important factors in the development and prosperity of a society. Even though the impact of SMEs on the economy is significant, many of them are considered unbankable.

How can Alternative Data help reduce fraud risk?

By using Alternative Data, banks can have a clearer overview of their clients’ financial behavior, leading to an increase in the financing rate and fostering an inclusive economy.