Blog2019-01-30T09:32:46-05:00

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INSIGHTS AND OPINIONS ON TRENDS AND CHALLENGES IN THE FINANCIAL SERVICES INDUSTRY

Quarterly Business Update – Q1 2019

I hope the new year is proving fruitful for you and your organization. It’s hard to believe we’re nearing the end of March. Here at Validis, the new year has been a busy and exciting period. Strategic planning has turned to execution, client onboarding has ramped up after the Christmas lull, and the team are out in the market [...]

Categories: Announcements|

Leveraging Accounting Data to Deliver a Truly Personalized Service to SMEs

Today, customers expect an exceptional, unique and highly-personalized experience when dealing with their bank – and SMEs are no exception to that rule. Historically, a personalized experience was simply occasional face-to-face meetings, phone calls, or informal relationships. That’s no longer the case today and banks must evolve if they expect to remain competitive. Now, SMEs expect to have a deeper [...]

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Ferratum Business chooses Validis to enhance the SME lending journey

LONDON--(BUSINESS WIRE)--Mar 6, 2019--Cloud-based London fintech provides access to granular SME management accounts data to ensure Ferratum Business delivers a seamless lending experience for UK SMEs. The solution will allow SMEs to share their online and offline accounting information directly with Ferratum Business via technology platform, DataShare. Validis Datashare is a digital data extraction and standardisation solution, enabling a fast, [...]

Categories: Press Releases|

Protect Your Bank (And Customers) From Cyber Attack

Bank robbery has been happening as long as there have been banks.  But today’s robbers use keyboards instead of pistols and ski masks. The biggest bank heists aren’t a single hacker emptying your granny’s bank account from his basement.  Cyber-attacks are highly organized, systematic, and brutal. Imagine a massive bank that holds the commercial loans of thousands of small businesses.  [...]

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Validis Adds Quality Score to DataShare Software

Financial data sharing and standardization technology company adds Quality Score feature to signature software Validis, a pioneer of financial data sharing and standardization technology, has added an impressive new feature, Quality Score, to its DataShare software. Quality Score provides an at-a-glance measure of the accuracy and consistency of book-keeping and accounting data processed by DataShare, enabling real-time insight for [...]

Categories: Announcements|

Economic uncertainty impacting SME lending in the UK

The eagerly awaited findings from the Small Business Finance Markets 18/19 research report have been published by the British Business Bank this month and it paints a cautionary tale due to increased economic uncertainty. Held as a barometer for the attitudes and behaviours of the UK small business community, the report revealed two broad themes: The first, identified that [...]

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Validis Adds 5 Connectors to Growing Family of Financial APIs

PRESS RELEASE Validis announces the release of five new accounting connectors, further extending its market-leading portfolio of financial data extraction and standardization APIs AUSTIN, Feb. 13, 2019 – Validis, a pioneer of financial data sharing and standardization technology, today announced the release of Sage 100 MAS90, Sage 100 MAS200, Sage 100 Contractor and Sage 300 CRE (Timberline) within its DataShare [...]

Categories: Press Releases|

The Validis French Connection

Validis Staff Interview by Sheena VanDeVanter When I first met Geraldine Peyer, Sr. Customer Support Specialist at Validis, I was immediately taken by her charming French accent.  Overhearing her on the phone was more like listening to lilting poetry than detailed technical support, something she provides to our clients on a daily basis. I recently had the pleasure of sitting [...]

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Validis Expands Product Line with DataShare Reconciliation

PRESS RELEASE Financial data sharing and standardization technology company automates reconciliation process for lenders offering confidential invoice discounting AUSTIN, Feb. 7, 2019 – Validis, a pioneer of financial data sharing and standardization technology, has extended its product line to include DataShare Reconciliation, a unique solution that automates the month-end reconciliation process for lenders offering Confidential Invoice Discounting (CID) to small [...]

Categories: Press Releases|

What’s Better Than Alternative Data? Accounting Data.

Today, we hear about newer, cutting-edge “alternative data” categories like social behavior. While these new data types certainly have value, accounting data can provide a deep level of insight into an SME, enabling lenders to offer higher value, personalized services to potential customers and build a satisfied, loyal client-base. The daily decisions and transactions a small business makes can determine [...]

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