9.4 C
London
Wednesday, January 15, 2025

BNP Paribas taps Lenvi to manage risk for factoring and receivables finance

  • BNP Paribas partners with fintech firm Lenvi for risk management and fraud analytics.
  • BNP Paribas Factoring operates in 12 countries with €210 billion annual turnover.
  • BNP Paribas deploys Riskfactor in 8 European countries to reduce risk and improve efficiency.
  • Risk factor harmonizes operations across jurisdictions, enhancing efficiency.
  • Lenvi, founded in 2023, offers B2B lending and KYC solutions with a 90% market share in the UK.
  • Lenvi has had a presence in continental Europe since 2007.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Revolut’s Nikolay Storonsky Banks $350 Million Windfall from Share Sales

Unpacking the Financial Success Behind Revolut's Co-founder's Strategic MovesHighlights:...

How White-Label Merchant Services Power Business Growth

In today's fast-paced digital economy, every business has to...

Stablecoins Could Rival Cards – Fed Payments Expert

Federal Reserve Expert Predicts Stablecoins May Challenge Traditional Payment...

Nevermined Raises $4M to Build ‘PayPal for AI’

Startup Aims to Revolutionize AI-Commerce with Dynamic Payment Infrastructure Highlights:...

Klearly Secures $6 Million Seed Round to Revolutionize Tap-On-Phone Payments

Innovative Payment Technology Startup Aims to Transform Mobile TransactionsHighlights:...

Stablecoins Could Rival Cards: Insights from a Fed Payments Expert

Exploring the Potential Impact of Stablecoins on National Payment...

Nevermined Secures $4M to Create the PayPal for AI

Transforming AI monetization through innovative blockchain solutionsHighlights: Nevermined has...

Bank of England and NYDFS Exchange Experts in Emerging Payments and Digital Assets

A strategic collaboration to enhance knowledge in the rapidly...

Related Articles

Popular Categories

spot_imgspot_img