Validis is excited to announce the release of 4 new accounting connectors, further extending our market-leading portfolio of financial data extraction and standardization APIs. The release of Sage 100 MAS90, Sage 100 MAS200, Sage 100 Contractor and Sage 300 CRE (Timberline), within DataShare ensures Validis clients can continue to digitize the lending process and/or audit journey for more small and [...]
Ferratum Business is focused on helping small businesses in the United Kingdom meet their financial needs. Find out how working with Validis has improved their process.
We’ve all heard the expression, “Data is King.” To make effective decisions of any kind requires acquiring and analyzing data, and we can all agree that this is especially true for financial institutions. Yet, for decades, many have based small-business lending decisions on outdated data points such as FICO scores or tax returns. Even worse, that information is skewed and [...]
In today’s commercial lending landscape online lenders continue to gain ground over traditional banks. SMBs are hungry for capital and would often rather pay a high rate for a quick turnaround than a better interest rate and have to wait. It’s all about time. A traditional business loan application starts by filling out a form. The form may be online, something [...]
I like things that are easy. Who doesn’t? The 80/20 rule is one of those things. It’s easy to understand, but perhaps better yet, it applies across a such a wide swath of topics that I think it’s fair to say it’s universal. For instance, I’m pretty sure 80% of my gray hair comes from 20% of the stupid things [...]
Validis is pleased to announce that we have been shortlisted in the category of Most Disruptive Financial Technology for the 19th Annual FStech Awards. This prestigious award celebrates excellence and innovation in the field of information technology within the UK and EMEA financial services sector. The awards are scheduled to be held on March 21, 2019, at the London Marriott [...]
Small businesses are the backbone of the U.S. economy and present a big opportunity for financial institutions, particularly now. Despite years of sluggish growth, we’re currently seeing steady increases in entrepreneurship with signs of continued growth ahead. In fact, the NFIB Small Business Optimism Index soared to 108.8 in August – a new record in the survey’s 45-year history, topping [...]