How does Accounting Data help make Smarter Credit Decisions?

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Data from accounting and book-keeping tools provides crucial information about small businesses which can help financial service providers understand the business’s payment pattern, identify possible fraud and gain insights into the finances and cash flow of the business.

Fraud Detection & Prevention with Alternate Data

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With access to alternate data, seamless APIs and data intelligence, fraud detection and prevention are now more convenient and digitally advanced, helping businesses improve their decision-making, business efficiency and fraud management practices while minimising losses associated with frauds.

Alternate data and its Growing Popularity

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Alternate data from non-traditional sources can include data from e-commerce, social media, social commerce, accounting tools, wallets, geolocations, and more. Such alternate data provides unique insights that can help businesses make better decisions in a timely manner.