Posts Tagged: open accounting
Open Accounting: Boosting Financial Confidence
The open models of the financial sector, such as Open Banking and Open Accounting (both inside Open Finance), have meant a change in terms of quality and speed in the supply of products and services. In…
- Mar 08
The Role of APIs in Financial Sector Transformation
New technologies are reshaping the financial sector, fostering healthy competition by providing the best services and products in the industry, and introducing new models and more sophisticated solutions, such as APIs. According to estimates, the…
- Nov 13
6 Myths and Facts About Open Finance
Open Finance is a model that has arrived to give a boost to the financial industry; however, its benefits are not always clear, and there are myths about it. Learn what is true and what is…
- Nov 10
What is driving the growth of open finance in Latin America?
Open Finance is a financial revolution because of all of the benefits it represents for the credit industry and its users. Learn more about its benefits and everything it has to offer. Open Finance arose…
- Nov 09
4 Tips to Improve your Credit Score
If you want to request financing for your business and get the best possible credit report, there are a few things you should do to increase your chances of getting it. According to INEGI data…
- Oct 25
5 most common risks in the credit granting process
Given that it is a factor outside the control of financial institutions and has the potential to significantly impact how the organization operates, the granting of credit is not risk-free. From 2015 to 2021, the companies…
- Oct 12
CRiskCo FinScore – Model White Paper
CRiskCo FinScore Model White Paper CRiskCo’s FinScore is a credit score, which is a statistical measurement that helps businesses and credit providers make better credit decisions. It is well established that the use of…
- Sep 20
Key Financial Indicators to Analyze in Your Company
Financial indicators are a set of values that relate to a company’s income and expenses, final result, and economic position. These figures reveal the true state of the company, allowing strategic decisions to be made….
- Sep 08
Step by step: The credit granting process
Credit granting is the process by which a client receives a loan and a certain amount of money is credited to his bank account. To successfully carry out this process, financial institutions must maintain data and…
- Sep 08
Credit Score and Credit History: Are They the Same?
Credit score and history are key concepts that appear when people or businesses seek financing and are evaluated by the financial institution, so it is critical that both concepts are thoroughly understood. That is why,…
- Sep 04