Read our latest Markaaz small business trends, tips, community updates, and product news.
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,
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
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.
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
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
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
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
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
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
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