Markaaz CEO on Unlocking Small Business Lending with Markaaz’s Golden Record
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
Read our latest Markaaz small business trends, tips, community updates, and product news.
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
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
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
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
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
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
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
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
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
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
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
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
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.