The Challenge of SMB Verification There are about 33.2 million small and medium-sized businesses (SMBs) in the U.S., making up 99.9 percent of ALL U.S. businesses, yet verifying these entities for onboarding or underwriting remains a significant challenge for enterprises and SMB owners alike. For financial institutions, verifying SMBs often involves navigating through layers of […]
User experience has seen a transformation for individual consumers. The user experience is now expected to be faster, more personalized, and entirely digital. But small and medium-sized businesses (SMBs), which make up a significant portion of the global economy (44 percent of the US economic activity, to be exact), have been left behind, stuck navigating slow, […]
Your Onboarding Process is the Pilot That Doesn’t Take Off Your onboarding process is like starting a show with a painfully slow pilot episode. You’ve hyped it up, your audience is ready to dive in, and then…nothing happens. Small businesses, much like binge-watchers, have no time for delays or confusion. It’s no wonder they’re hitting […]
Small businesses are the backbone of the global economy, driving innovation, creating jobs, and building communities. But for many small business owners, navigating the financial world can be overwhelming. Financial institutions have a tremendous opportunity to step in and offer solutions tailored to these businesses’ unique needs. The challenge? Earning the trust and loyalty of […]
What Is Streamlined Compliance and Why Does It Matter? “Streamlined compliance” refers to the process of making regulatory adherence faster, more efficient, and less prone to error through automation and integration. Traditional compliance processes are manual, fragmented, and cumbersome, often resulting in delays, errors, and missed opportunities. Financial institutions need a new way forward, one […]
We’re not ones to boast (well, maybe just a little), but it’s been an incredible year at Worth. From major enterprise partnerships to securing strategic investments, we’ve made some big moves, pushing the boundaries of what’s possible in onboarding and underwriting workflow automation. And the best part? We’re just getting started. Here’s a look at […]