https://rbx-wordpress-site-media.s3.ap-south-1.amazonaws.com/wp-content/uploads/20230130102933/Early-Warning-System.mp4 Supply chain disruptions can have a significant impact on businesses. They can lead to delays in the delivery of raw materials, components, and finished products, which can cause production delays and shortages. This can result in lost sales and revenue, as well as reduced customer satisfaction. In addition, if a business is unable to … Continue reading EWS – Your Shield Against Unforeseen Supply Chain Financial Risks
Category Archives: blog
Video KYC – The New Normal in Digital Onboarding and Fraud Prevention
As consumers have become more adept and comfortable in transacting online, the adoption of Video KYC has grown exponentially. Video KYC is increasingly replacing lengthy physical verification processes with the blessings of regulators in India. In a circular released on January 5, 2023, the Reserve Bank of India (RBI) has given a nod to complete … Continue reading Video KYC – The New Normal in Digital Onboarding and Fraud Prevention
Business Information Report – An Essential Tool in Risk Management
Imagine you have a vacancy in your company. How would you fill it? You would request prospective candidates to send in their resume with information about their work experience, educational background and work skills, assess them based on their resume, interview them, and then decide on the right candidate. Now, imagine your business needs to … Continue reading Business Information Report – An Essential Tool in Risk Management
The Importance of Identity Checks in Business Transactions
In late June 2022, a prominent bank released a newspaper ad about an e-auction of a property to recover nearly Rs. 93 crores lent to a company called “the Great Indian Nautanki Company Pvt Ltd”. The company’s name was enough to induce curiosity among journalists, and soon many acts of the drama came to the … Continue reading The Importance of Identity Checks in Business Transactions
Modern Credit Risk Management for the CFO of Today
Finance teams in most companies have realised that they must adopt the technology and tools driving change in modern businesses. Today’s companies need finance leaders who can leverage technology to manage emerging risks. The main task of modern-day CFOs is to plan for and forecast the future financial performance of their company in a rapidly … Continue reading Modern Credit Risk Management for the CFO of Today
11 Ways SMEs Can Improve Their Credit Risk Scores
Small and Medium Enterprises (SMEs), the backbone of the Indian economy are hemmed in between the large corporate and retail segments in terms of loan ticket size and have the least credit penetration. This is because non-incorporated SMEs are subject to relatively relaxed financial disclosure norms to avoid burdening them with too much compliance; this … Continue reading 11 Ways SMEs Can Improve Their Credit Risk Scores
Legal Entity Identifier (LEI) as a Gold standard
Several national, regional, and other identifiers are being used to cover specific needs in business, but the Legal Entity Identifier stands out compared to them because it is truly global and has already been adopted by many regulatory authorities across the world. The Legal Entity Identifier (LEI) is a 20-character, alphanumeric code that uniquely identifies … Continue reading Legal Entity Identifier (LEI) as a Gold standard
Video KYC – The New Normal in Digital Onboarding and Fraud Prevention
They say seeing is believing, and the adage is apt for processes related to onboarding. As in-person verification and appointments are becoming more and more inconvenient, how can an organisation trust a counterparty without actually being able to ‘physically’ see its credentials? In the age of easy photo editing, how can one trust the validity … Continue reading Video KYC – The New Normal in Digital Onboarding and Fraud Prevention
Here’s evidence that we indeed live in a VUCA world
Recently, the Reserve Bank of India (RBI) released data for fluctuations in costs, operating profits, and EBITDA of listed private Indian corporates in Q2 FY 2023 (July to Sep 2022) and compared it with earlier quarters beginning Q1 FY 2022. When you look at the fluctuation in raw material, power and fuel, and interest costs … Continue reading Here’s evidence that we indeed live in a VUCA world
Overcoming Fraud Risk Assessment Challenges Through Rubix ARMS™+EWS
The last thing you’d want is to partner with an entity that’s less than ethical, but how do you separate the good from the bad when your due diligence encounters challenges like these: Lack of transparency: It can be difficult to access reliable information about an entity’s past track record, especially if they operate in … Continue reading Overcoming Fraud Risk Assessment Challenges Through Rubix ARMS™+EWS