Livesight

🚀 Exciting News! 🚀 We’re thrilled to welcome S&P Global as the latest addition to our growing roster of Livesight clients! While S&P Global needs no introduction, their recent strides in incorporating cutting-edge AI technology into their data infrastructure have been remarkable. We’re excited to collaborate with the talented team at S&P Global to make AI-native business intelligence an indispensable tool for risk profiling and decision-making. The future of business intelligence is here! 💡 #AINative #BusinessRiskProfiling

ByzFunder, a leader in merchant cash advances, faced challenges in managing high volumes of small-dollar loans due to manual underwriting processes. Partnering with Livesight, they revolutionized their approach by automating key steps like verifying NAICS codes and Secretary of State records. Key Results: ✅ Increased productivity: 800+ applications processed daily ✅ Enhanced accuracy: Incorrect industry codes dropped to <5% ✅ Greater efficiency: Underwriters can focus on strategic tasks Curious about how Livesight’s solutions transformed ByzFunder’s operations? Read the full case study here: https://lnkd.in/gRpBsfwp #Automation #ArtificialIntelligence #Data

There's something unusual happening with Pennsylvania's business records. The state lists over 4 million active businesses but only 270,000 inactive ones. This stands out compared to states like California, where the numbers of active and inactive businesses are typically more balanced. Why is this the case? And what does it mean for the state of Pennsylvania? Find out more on our blog here: https://lnkd.in/gKq3N6Ng #Data #Automation

🌟 Proud to Announce the Integration of LendAPI with Spring Labs’ Livesight! At LendAPI, we’re always pushing the boundaries of what’s possible in lending and financial technology. That’s why I’m thrilled to share that we’ve integrated with Spring Labs’ LiveSight, a game-changing business identity platform that’s setting the standard for KYB and KYC. This partnership empowers banks, fintechs, and lenders to: ✅ Launch products faster than ever with our no-code infrastructure. ✅ Streamline operations and reduce costs through smarter lead pre-screening. ✅ Customize every aspect of their lending platform—from UI design to pricing algorithms. Spring Labs and their Livesight platform are truly redefining business verification, and we’re proud to work together to deliver even greater value to our clients. If you’re in the business of lending, BNPL, or Point-of-Sale financing, don’t miss out on this innovation. Check out more about LiveSight at www.livesight.com or visit LendAPI to see how we can help you launch your next big idea. Let’s transform lending together! 🚀 #Innovation #LendingSolutions #Fintech #KYB #KYC John Sun, Michael McGory https://lnkd.in/gkdZ_Jxn

Monitoring key details in a business’s registration record—such as its name, entity type, status, addresses, or business officers—is essential for those tasked with tracking business activities or spotting potential risks. Relying on state-provided filings or manual checks of state websites can result in unnecessary complications and inefficiencies. Fortunately, there's a smarter solution. Livesight's BusinessMatch updates data multiple times each month, generating monitoring reports that highlight changes to critical fields like business name, status, entity type, addresses, and officers. Protect your operations and effectively flag risk signals with BusinessMatch. Learn more on our blog here: https://lnkd.in/gxnEhYWC #Data #Automation #ArtificialIntelligence

Understanding business ownership is vital for regulatory compliance, risk management, and transparency in partnerships. Staying informed about ownership structures helps businesses mitigate risks and ensures they’re working with legitimate entities. But how can you efficiently gather business information across multiple states and in bulk? While this may seem daunting, Livesight simplifies high-volume business entity searches for seamless processing. Learn more in our latest blog below: https://lnkd.in/ghuaZRki #Data #Automation #BusinessSearch

Verifying a business’s Secretary of State registration is essential for initial KYB checks, but continuous monitoring offers deeper insights into business risk and stability. Key events, such as changes in Business Name, Status, Officers, and Addresses, can signal potential risks or shifts in stability. Tracking these and other significant events helps stakeholders stay informed and proactive. Learn more about what to watch for in our blog below: https://lnkd.in/gq3jv7iz #Automation #Data #Insights

Knowing the owners of an LLC is essential for AML compliance and transparency in business transactions, helping you assess potential risks and understand who you’re dealing with. Not every method yields the same results—some are more accurate, others more time-consuming. Discover the right approach for your needs in our how-to blog below: https://bit.ly/3AKj153 #Automation #Data #SMBlending

Accurately assessing a company’s risk profile is essential for lenders aiming to make informed decisions about a business's health and avoid costly mistakes. A well-rounded risk profile includes diverse data, such as industry classifications and firmographic details, empowering stakeholders to evaluate risks confidently. For commercial lenders and insurers, these insights are critical when considering new partnerships. However, creating a comprehensive risk profile isn’t without its challenges. Visit our blog to discover the key data points to include and learn how to automate data collection to streamline your risk profiling process: https://bit.ly/3O7xScO #Automation #Data #RiskProfile

NAICS codes are crucial in capturing the ever-changing economic landscape, so they're updated every five years. The most recent update, in 2022, brought significant shifts, especially in the Retail and Information sectors. One of the most significant changes in the 2022 NAICS update impacted how the retail trade is classified. Traditionally, NAICS has distinguished physical stores and non-store retailers, such as e-commerce and direct sales. However, that distinction has been removed with the rise of online shopping. Now, retailers are classified more broadly, regardless of whether they sell in-store or online. This streamlined approach reduced the number of retail industry categories from 12 to 9. What changes might 2025 bring? Follow our blog to stay informed on the latest industry shifts: https://lnkd.in/gSs-JJwk #Automation #Data #IndustryClassification