𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐌𝐨𝐧𝐞𝐲𝐟𝐚𝐜𝐭𝐬 𝟐𝟎𝟐𝟒 𝐀𝐰𝐚𝐫𝐝 𝐖𝐢𝐧𝐧𝐞𝐫𝐬! 🏆 𝐁𝐞𝐬𝐭 𝐔𝐬𝐞 𝐨𝐟 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧 𝐒𝐌𝐄 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 Last week marked a significant milestone for our team here at Spark Finance, as we proudly received recognition from Moneyfacts Group plc for our pioneering efforts in applying technology to SME lending by scooping the Business Moneyfacts 2024 Award for 'Best Use of Technology in SME Finance'. This accolade is not just an achievement; it resonates deeply with our mission to revolutionise the SME lending landscape through technological innovation and serves as validation that our two key products address a real need in the market. 𝐒𝐩𝐚𝐫𝐤 𝐂𝐨𝐧𝐧𝐞𝐜𝐭: Our White Label platform, Spark Connect, offers a valuable tool for various businesses, including manufacturers, suppliers, FX firms, and more. It enables them to seamlessly provide debt products to their customers, empowering them with financial solutions tailored to their needs. 𝐋𝐞𝐧𝐝𝐞𝐫 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Our Lender Solutions product leverages AI to automate critical processes for lenders. From analysing financials to generating report content and conducting searches, our solution streamlines operations, enhancing efficiency and enabling lenders to make informed decisions swiftly. Here's a glimpse into what sets Spark apart: 📁 𝐃𝐚𝐭𝐚, 𝐃𝐚𝐭𝐚, 𝐃𝐚𝐭𝐚: Comprehensive data forms the foundation of everything we do. With over 5 million UK business records meticulously curated from 60 diverse public channels, we ensure that our data undergoes rigorous testing against various benchmarks. 🤖 𝐀𝐈 𝐈𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: Our proprietary algorithms utilise APIs to collect data and seamlessly analyse it against a tailored set of criteria. Infused with years of market experience, our AI-driven approach optimises benefits for lenders, ultimately enhancing the lending experience for SMEs. ✅ 𝐒𝐩𝐞𝐞𝐝: Efficiency is key, and technology enables us to achieve just that. Using AI we've accelerated the qualification process for new businesses by a staggering 75%. This translates to tangible savings of over £400 per Business Development Manager per month, underscoring the real-world impact of our technological innovations. The award sits proudly in our London office, a testament to what our incredible team has been able to deliver in a short space of time, and an inspiration to continue to develop and deliver value to our partners, positively affecting the industry. If you're curious to learn more about our solutions, we invite you to reach out. We'd be delighted to welcome you to our office for a discussion and a deeper dive into what makes Spark a game-changer in SME finance. A heartfelt thank you to Moneyfacts Group plc and all of our partners for their unwavering support on this journey. Together, let's forge ahead towards even greater heights! 🙏 🌐 www.spark-intel.co.uk ✉ g.wilks@sparkfinance.co.uk
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Boost your collections with advanced debt collection and recovery software! Maxyfi's innovative solutions bring automation, efficiency, and compliance to debt recovery, enhancing consumer experience and driving higher recovery rates. Discover the future of debt recovery with driven insights, data analytics, and seamless integrations. Embrace technology and transform your debt collection process today. #DebtCollection #DebtRecovery #Maxyfi #Automation #AI #DataAnalytics #FinancialTech #BusinessSolutions #Compliance #Efficiency #CustomerExperience
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🌟 Stay Ahead in 2024: Discover the Top Debt Collection Software Trends 🌟 The landscape of debt collection is rapidly evolving. From AI-driven automation to enhanced compliance features, staying updated on the latest trends is crucial for maximizing efficiency and improving recovery rates. Explore the key trends shaping the future of debt collection software and ensure your business is ready to adapt and thrive. https://lnkd.in/gTbWp2QM #DebtCollection #DebtCollectionSoftware #Fintech #Automation #AI #Compliance #BusinessGrowth #2024Trends #Maxyfi #Innovation #FinanceTechnology
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Millenials and Gen Z are shaking up the game when it comes to what they expect from their (online) shopping, retail experiences and financial services. This shift is driving us towards a future where finance is seamlessly integrated into everyday life - an era of embedded finance. By 2025 this market is projected to hit a whopping $ 600 billion. It’s time to dive in and make waves! Next week, I will be at the #WOADigitalconf in Warsaw, diving into how next gen, in this context, is reshaping the landscape of receivables finance. Check out my latest blog on the GEN AI transformation of small business lending and, more specifically receivables finance, to get deeper insight into what’s brewing in this space. #genAI #digitaltransformation #inclusivefinance #embeddedfinance #WOAConf24 #Conference #globalconferenfe #WOADigital #Digitalfactoring #smallbusinesslending #AdviceRobo #UniversityofBirmingham #Tilburguniversity
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A New Era in Debt Collection: PAIR Finance Revolutionises Customer Service with Generative AI “Our mission is very clear: AI first. We have been achieving significant efficiency gains with this technology for years. Generative AI is now revolutionising our customer service and taking it to a whole new level. Consumers are getting the help they need faster and more accurately, while we are significantly optimising our operational processes,” explains Stephan Stricker founder and CEO of PAIR Finance. “Our staff can now focus their expertise on complex cases. This breakthrough strengthens PAIR Finance’s position as an innovation leader in the international debt collection industry.” https://lnkd.in/eDRUAetM Denise Schoenherr Marc Treutel Sven Schneider Jana Caterina Erhardt Victor Blagomir Robert Frederik Witte #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews
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🚀 Planky’s Latest Blog 🚀 🚀 What is a Decisioning Engine and How Does It Work? 🚀 In today's data-driven world, making informed decisions quickly is crucial for business success. But how can you streamline and optimize this process? In our latest blog post, we explain everything you need to know about decisioning engines. Discover how they can transform your business by providing real-time insights and actionable intelligence. 👉 Dive into our comprehensive guide here: What is a Decisioning Engine and How Does It Work? https://lnkd.in/exPW7QG3 #Planky #OpenBanking #Categorisation #DataManagement #DataEnrichment #Finance #Lending #DataAnalytics #Fintech #SaaS #Lending #Affordability #TechSolutions #Software #DataScience #BusinessIntelligence #TechInnovation #DecisionMaking #AI #MachineLearning #BusinessGrowth
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