Read our latest Markaaz small business trends, tips, community updates, and product news.
Introduction In today’s fast-evolving business landscape, data and analytics (D&A) have emerged as crucial assets for financial institutions. Leveraging these tools can drive substantial growth,
At Markaaz, we know that small businesses face a serious challenge when it comes to securing the financial support they need. For many small companies,
As more payment companies expand into new markets, regulators worldwide are tightening their grip on those that fail to meet strict cross-border verification and anti-money laundering (AML)
We are thrilled to announce that Karen Webster, one of the world’s foremost experts in payments innovation and the digital economy, has joined Markaaz as
At Markaaz, we recognize that the key to unlocking better access to lending for small businesses lies in creating a “golden record” of truth. In
We are excited to welcome Simon to Markaaz as our newest advisor. His extensive leadership experience across multiple sectors, including his role as Chairman and
In the fast-growing fintech industry, compliance challenges—and the resulting penalties—are becoming a costly issue for many companies. A recent report revealed that 60% of financial
In 2023, cross-border fraud cost consumers over $5.2 billion, marking a significant rise in fraudulent activity across international transactions. This growing threat emphasizes the urgent
Learn more about our latest product development and innovation across business identity, verification and KYB, globally. Markaaz has been hard at work in Q3 building
Financial crimes, such as money laundering, fraud, and terrorist financing, are a pervasive problem worldwide. Fraud alone costs organizations approximately 5% of annual revenues, draining
Effectiv, the leading fraud and risk decisioning platform, is proud to announce a partnership with Markaaz, the global business identity platform. With its unparalleled coverage
Markaaz is proud to welcome Jorge Noguera as the newest member of our Global Advisory Board. With over 35 years in the payments industry, Jorge brings extensive
Financial crimes, such as money laundering, fraud, and terrorist financing, are a pervasive problem worldwide. Fraud alone costs organizations approximately 5% of annual revenues, draining
An early-stage fintech company offers comprehensive infrastructure for developing, launching, and expanding consumer and corporate credit card programs. With its custom API, this company enables
Many of the most successful companies in history have one thing in common: a deep awareness of market trends combined with a willingness to make
About $800 billion to $2 trillion in funds are laundered around the globe every year, and these funds are often used for terrorist financing, arms
Poor quality business data is an expensive problem that companies cannot afford to ignore. According to research from IBM, bad data costs organizations an average
Traditional credit scores can be misleading, especially for small businesses that have weathered the pandemic. While profit and loss statements reveal some numbers, they don’t
From banks and financial institutions to Software-as-a-Service (SaaS) providers, B2B data is more than just a preferable asset; it’s a priority. Not only will data
As the business world becomes more data-driven, the accuracy and completeness of B2B databases can significantly impact a company’s success. Poor data quality is a
Learn more about our latest product development and innovation across business identity, verification and KYB, globally. Expanding coverage to half a billion businesses globally
In 2023, Binance, the world’s largest cryptocurrency exchange, faced a staggering $4.3 billion fine for failing to comply with anti-money laundering (AML) regulations and allowing illicit activities
The costs of onboarding fraudulent businesses are crystal clear. In 2022 alone, banks and financial institutions were fined nearly $5 billion for anti-money laundering (AML) infractions, with noncompliance
Markaaz has launched a pioneering global business identity platform to help banks, FinTechs, and enterprises verify and onboard businesses of all sizes, especially smaller ones.
Money laundering is a significant global problem, and it becomes increasingly complex each year. As criminals become more tech-savvy and globally connected, financial institutions face
According to a recent Fintech Times report, more than half of banks don’t perform Know Your Business (KYB) checks. These checks are increasingly important, but they
The consequences for failing to meet anti-money laundering (AML) monitoring requirements can be severe. In June 2020, the payments company Wirecard reported missing nearly $2
Markaaz, the global business identity platform for banks, fintechs, acquirers and payfacs, dedicated to helping more businesses access vital services, is excited to introduce the
Markaaz, a global provider of Know Your Business (KYB) services, is pleased to announce its partnership with Byzfunder, a leading provider of working capital to small
AUSTIN, TX, March 25th, 2024 – Markaaz, a global tech company dedicated to empowering businesses worldwide through innovative data solutions, proudly announces it has obtained
Markaaz delivers superior business verification, data enrichment, and monitoring solutions powered by the smartest global data available. AUSTIN, TX, March 18th, 2024 – Markaaz is
Financial crimes, such as money laundering, fraud, and terrorist financing, are a pervasive problem worldwide. Fraud alone costs organizations approximately 5% of annual revenues, draining
Anti-money laundering (AML) regulations have put many organizations in a tough spot. By the end of 2022, global money laundering fines had seen an increase
For financial institutions, insurance providers, and retailers serving all sized of businesses , the accuracy and depth of data used in the Know Your Business
Markaaz and LendFoundry, an award-winning SaaS platform offering digital lending tools, are excited to announce a strategic data partnership. This relationship will enhance LendFoundry’s small
Markaaz, a global technology company dedicated to helping small businesses access vital services, is excited to introduce the addition of three highly accomplished industry leaders
Austin, TX – January 22, 2024 – Markaaz is pleased to announce a new collaboration with Centerfield, a leader in customer acquisition marketing. Markaaz, a
Small and midsize businesses (SMBs) play a significant role in our economy. Currently, there are more than 330 million SMBs worldwide. In the United
In today’s digital environment, robust business verification solutions have never been more critical. Whatever the size of your company, ensuring the legitimacy of your business
Traditional Know Your Business (KYB) data providers often face significant challenges when dealing with small business data. These small businesses often have diverse structures, limited
Alain Cauwenberghs, Markaaz’s Chief Growth Officer, discusses lenders’ risk management challenges and the KYB solutions that can combat fraud and protect customers. In the current
Markaaz helped a leading global payment provider to verify and enrich merchant data that other data providers were unable to verify. This improvement unlocked deeper
Small businesses count on affordable funding to start, grow, and stay afloat when they face financial difficulties or economic downturns. This support acts as a
Markaaz expands its Advisory Board with three recognized industry leaders: Jodi Caro, Todd Hartman, and Michael Marcus. Austin, TX —November 2, 2023 — Markaaz is
This past quarter was a very busy one for the Product team at Markaaz! Here is a quick overview of what we’ve been up to
Highlights Background A top-tier global insurance company serving businesses of all sizes faced verification challenges. At the same time, it wanted to enrich its client
Small and medium-sized enterprises (SMEs) are a crucial part of European economies. To aid their growth, many companies try to make applications for services like
Navigating the complexities of Know Your Business (KYB) regulatory requirements is no small feat, especially for enterprise compliance officers onboarding SMBs. While the overarching aim
In today’s global landscape, financial institutions operate on a vast scale. They serve customers from diverse backgrounds and deal with international transactions daily. While this
A leading Fortune 500 bank used Markaaz’s superior small and medium-sized business (SMB) data to achieve 30% verification rates for its SMB business credit card
Markaaz, a fintech scale-up that specializes in superior small and medium-sized business data, joined global leaders in the 78th United Nations General Assembly’s SDG Summit
Markaaz partnered with a leading alternative small business lender to improve match rates on previously unverified business applicants. Highlights Background This case study presents the
In today’s customer onboarding landscape, preventing fraud, meeting regulatory requirements, and managing risk have become paramount. An estimated $800 billion-$2 trillion is laundered each year. That’s equivalent
Markaaz, a leading provider of digital tools for small businesses, is excited to announce its collaboration with the Small Business Digital Alliance (SBDA), an initiative
Business verification is a crucial step in an enterprise’s onboarding process, but it can also be challenging. Inaccurate results can lead to approving bad actors
Gaps in your business verification process may be turning away legitimate clients. We explore the potential reasons – and how to overcome these challenges with accurate, real-time data.
5 reasons why enterprises should onboard their small business clients to the Markaaz Dashboard Small businesses drive the global economy, but they often face challenges
Validate SMB officer identities with speed and precision during the onboarding process using Markaaz’s Person-to-Business (P2B) API Markaaz has launched its Person-to-Business (P2B) API, which
Why is business health an essential onboarding indicator? We outline the details.
Business health data is an essential indicator on the onboarding process, learn what to look for in business health data to inform your team’s onboarding processes.
Business health is an essential indicator in the B2B customer onboarding process. So, what is it and how does it help your enterprise?
Accurate firmographic data improves your onboarding processes by allowing your teams to verify businesses, increasing approval rates
Small businesses miss out on services because of bad data, so they cannot grow, and large enterprises are unable to onboard new customers. Let us look at how Markaaz addresses this with David Clarke, Chief Data Officer in Residence, Markaaz
Verifying the small businesses you want to onboard is now quick and easy with the Markaaz verification and decisioning API suites. We talk to Brett Adams, Head of Product at Markaaz
Accurate firmographic data is essential for enterprises onboarding any small or medium business. Markaaz explains why
Women in the healthcare workplace are essential but may still face gender inequalities. Dr. Aaliya Yaqub from Markaaz Dashboard partner, Thrive explains
Markaaz Banking Use Case: How the Markaaz Business Decisioning API Suite and Markaaz Business Verification API Suite improve your onboarding workflows
Jim Whalen, CFO in Residence at Markaaz, walks you through the Markaaz Directory
Jim Whalen joins Markaaz as Chief Financial Officer in Residence
What is customer onboarding and what is the customer onboarding process? Where do I find the right small business customer data? We explain all in this blog
Barbara Talabisco, President and CEO of Wakefield Talabisco International explains the important of getting human resources right at a small business
Strong firmographic data on small businesses from Markaaz helps your onboarding and monitoring easier
Having the correct business information available is essential to your business growth. This blog explains why, and how to fix incorrect information
Frictionless customer onboarding is here. Learn more about how Markaaz can help you do business better
Markaaz is your source of verified small business firmographic data. Learn more
Successful small business onboarding and monitoring requires business health data. Learn why, and what business health data is
Correcting and updating your small business information is a critical step in your small business’s growth. Find out why on our blog this week
Hany Fam, Founder and CEO of Markaaz talks you through how to fix your biggest onboarding pain points
Boost your small business onboarding and monitoring time and shrink cost with Markaaz’s Enterprise Services
Insert excellence into your customer onboarding with these helpful tips
Brye McMillon, DMin, Senior Security Manager, and engaged Leader with the Black Excellence Council at Lockheed Martin, tells us his story from a childhood in Orville, Alabama, to top leadership at America’s most prominent global security and aerospace company
Corporate America must stand up and help empower the Black workforce says Brye McMillon, DMin, Senior Security Manager, and engaged Leader of the Black Excellence Council at Lockheed Martin
Do you know what to look for in a payment provider? Hany Fam, Founder and CEO of Markaaz gives you his payment provider tips to help you find the right provider for your small business
Burnout is increasing in the modern workplace, and we are on a mission to find solutions. Partnering with Thrive Global was a natural step for Markaaz to bring mental health and well-being resources to our business members
The onboarding process is a critical part of your customer’s journey and reducing friction in the process will reduce customer churn. Read more on this blog.
The challenges of onboarding have long been a pain point for enterprises across the globe – until now. We talk frictionless onboarding with Rob MacColl, Chief Commercial Officer at Markaaz
Small business management can be a challenge, but strong small business information helps you do business better
How do you start your small business and get it legal? Kathrin Henon, Founder and CEO of Planet Bake, outlines the steps to get your small business started
Have you ever used LinkedIn to sell your small business products and services? Learn how to do it successfully with these tips from Samantha McKenna, Founder and CEO of #samsales Consulting
Hany Fam, Markaaz Founder and CEO gives his tips on how to build a US credit history as a new US immigrant or a new US business.
Hiring foreign talent for your US company can be a challenge. We talk to Jeet Gauswami, Marketing Specialist at immigration experts Legalpad for tips
Small business merchants can now access the digital resources they need to manage, run, and grow their business on the Markaaz Dashboard
Do you know how your small business credit score is calculated? We talk to David Adams, Head of Product Marketing, Commercial, Equifax Inc. to learn more
Markaaz Inc. gains Soc 2 Type II compliance from Prescient Assurance
What is your small business credit report, and where do you find it? This Markaaz blog outlines all you need to know to get your credit report and monitor your score
Connecting with your potential small business customers via a sales email is hard. Sales expert Samantha McKenna, Founder and CEO of #samsales Consulting gives you her tips for success
A business credit score is essential to help you take your business from start-up to success. We talk to credit expert Paul Ryan, ProSource
A small business credit score is a must-have if you want to grow your business. Markaaz provides you with the education to understand your business score, and access to a free small business credit score.
Building business credit takes time, especially if you’re just starting out. Markaaz gives you tips on how to start creating your small business credit score.
Bad debt can happen to any small business during an economic downturn. Markaaz experts explain steps on how to get out of business debt
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