Posts Tagged: API
The importance of cybersecurity in the financial industry
The financial environment, thanks to fintech, is driving service digitization with increasing force. Given the consequences of a data or system breach, cybersecurity is one of the sector’s primary concerns. In accordance with the foregoing,…
- Aug 09
What are the benefits of financial data in business?
Analyzing financial data is critical for businesses to detect specific details in their structure in economic terms and avoid scenarios of complexity in managing their finances. Understanding this data is also important for credit institutions…
- Aug 07
How is big data related to the financial sector?
Data processing in the financial sector has been simplified today, especially thanks to the handling of big data. Taking advantage of available technologies has become critical at a time when it is necessary to personalize…
- Aug 07
Is it possible to reduce credit risk?
To obtain a loan, financial institutions must assess the applicant’s credit risk so that they can be confident that their resources are in good hands and will be returned on time. But what exactly is…
- Aug 04
Open Accounting: What You Need to Know
Open accounting, by integrating the accounting system of companies under a single platform, is an opportunity for financial entities to have a source of current and reliable data when it comes to delivering loans to…
- Aug 04
Financial ratios to evaluate a company’s performance
A ratio (division) between two linked elements in a company’s financial accounts is referred to as a financial ratio. Its goal is to compare and quantify magnitudes objectively in order to better visualize corporate performance…
- Jul 11
The relationship between working capital and credit risk
Credit risk is the likelihood that consumers who obtain credit or financial products may be unable to fulfill their payment obligations on the predetermined dates. It may have an impact on liquidity, new investment opportunities,…
- Jul 10
What is a credit report and how is it built?
The credit report is a very useful tool for financial institutions, as they rely on it to have a broad profile of those who come to them to apply for a loan. It helps them…
- Jul 03
How does technology help process digitization?
It is now impossible to live without technology and everything that has been created as a result of it, and the digitalization of processes has become a vital part of easing the day-to-day lives of…
- Jun 09
Relationship between Digitization & SMEs in Mexico
Before the pandemic, only a low percentage of SMEs in Mexico had digitization plans. However, by 2022, the significant growth of e-commerce and the strong increase in remote work have promoted the use of digital…
- Jun 07