Remove 2027 Remove Credit Application Remove Credit Risk
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The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates

Emagia

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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The CFPB section 1071 effective date

Abrigo

CFPB intends the data collected by lenders on each small business credit application to shed light on potential disparate treatment in loan terms, especially related to minority-owned small business applicants, including women-owned small businesses. This 2026 data needs to be reported to the CFPB by June 1, 2027.