Can AI improve commercial lending? It depends on the data… By Michael Turner, CEO We asked ChatGPT to tell us “How AI can support commercial lending decisions” Here’s what it said. “AI can assist commercial lending decisions in several ways. Here are a few examples: Risk assessment: AI can analyze large amounts of data to assess …
Can AI improve commercial lending? It depends on the data… Read More »
Are auditors falling behind their tech-enabled clients? By Jeff Gramlich, Managing Director & Head of Accounting 91.6% of the United States’ Fortune 1000 companies are increasing their investment in big data and AI because they believe that technology will help them stay competitive. And whilst there’s a temptation to think that’s fair enough for global …
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Validis update: Last year in numbers & 2023 focus By Michael Turner, CEO I’m delighted to join as CEO alongside our new chairman Stéphane Besson. Learn more and connect with us here. I am excited to share with you some of the impact we delivered to our clients in 2022, but more importantly give you a sneak …
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Outlook: Using data to weather the storm By Jeff Gramlich, Managing Director & Head of Accounting 81% of small business owners are worried about how the cost of living crisis is affecting their business. That was, perhaps unsurprisingly, the result of a recent survey by UK business insurance specialist, Simply Business. The statistics are clearly …
Opinion: It’s time to step up… By Andrew Sanaghan, Chief Operating Officer & Head of Financial Services 2023 is upon us already and it seems relentless with each year bringing new challenges. Running a business is hard enough and my goodness they deserve a break. With an unpredictable economic outlook, business owners are feeling battered …
It’s time to step up: Scope for positivity in 2023 Read More »
How lenders need to wrap their arms around SMEs By Ronan O’Dea, Head of Product As global businesses struggle to deal with post-Covid supply chain and resource challenges, compounded by a volatile financial environment, the UK Customer Satisfaction Index (UKCSI) has recorded its highest ever level of customer complaints, rising this year from 11% to …
By Andrew Sanaghan, Chief Operating Officer, Validis The legal cannabis market in the US is currently worth around $30bn per annum, projected to rise to $40bn by 2025 and a staggering $60bn by 2030. That’s a lot of cannabis and the market shows no sign of peaking any time soon. Indeed, a report by cannabis …
Early adopter banks cultivate opportunities in burgeoning legal cannabis market Read More »
The FBI launched a campaign earlier this year to urge the public to call in any military devices they find in their homes. As ageing veterans are passing away, the FBI is concerned that ‘souvenirs’ of past conflicts are sitting in attics and basements across the country. The FBI warns that these items of military …
The fuse is lit in the North American small business lending space Read More »
Same As Last Year) has been a much loved friend of accounting firms the world over for the last 100 years. It’s been a familiar, ever so comfortable way of doing business.
Author: Ronan O’Dea, Head of Product, Validis With its article headlined “The world’s most valuable resource is no longer oil, but data” The Economist, back in 2017, paved the way for the rallying cry of the last few years that “data is the new oil”. The presumption then was the more oil or data …
Financial data: the renewable power source of SME banking Read More »
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