Risk management services is a tailored suite of services for managing risk through validation services (including portfolio scoring), segmentation strategies, credit culture assessments, education on best practices, and the development and implementation of risk mitigation and rating methodologies.
Account Verification Services (AVS) offers enhanced safety and convenience by periodically contacting business customers to confirm invoices. Account Verification Services’ feedback can help determine the quality of your accounts receivable portfolio and reduce the likelihood of your institution incurring a loss due to fraudulent activity.
Payment Services Processing (PSP) performs the activities associated with payment posting, including receiving payments, matching them to invoices, and posting payments to the borrowers outstanding accounts receivable balances.
Credit insurance provides cost-effective options for credit and fraud insurance. Credit Insurance products are designed to help further mitigate risk on receivables lending.
Collateral management provides ongoing near real-time, accurate, and dynamic collateral valuation that goes beyond the typical annual review to further reduce risk.