B9

Dealing with customer support is not a joke. It may be challenging and costly. Many businesses underestimate its importance, leading to significant financial losses when they fail to keep customers satisfied. B9 #markets #banking

?? It's finally here! In the dynamic and often unpredictable fintech landscape, numerous companies are exploring various strategies to enter the market and secure their customer base. However, a select few have adeptly honed their approach, successfully devising cost-effective methods to significantly increase their customer-base without proportionally escalating their expenditures. ?? #fintechs #banking #markets #gethired

?? Philip Parsons, B9's Chief Compliance Officer, explores the sophisticated strategies used by fraudsters and the challenges these pose to fintech companies. ??♂?

?? B9's Compliance Game Plan: Keeping Things Tight and Right At B9, we're committed to leading the fintech industry with our robust compliance measures. Here's how we're ensuring trust in our operations: ? Employee Training: All employees receive comprehensive training on compliance matters to uphold our high standards. ? BSA Transactional Reviews: We proactively conduct BSA transactional reviews to maintain the integrity of our operations. ? AML/Fraud Management: B9 uses automated alerts for potential fraud or BSA issues, with a process for review, escalation, and resolution. ? Complaint Tracking: We meticulously track and analyze customer complaints to swiftly address any issues. ? Ethical Reporting: Our anonymous reporting portal empowers employees to raise ethics or UDAAP concerns without fear of reprisal. ? Dispute Management: Our Reg E Disputes program ensures efficient and compliant resolution of customer disputes. ? Internal Testing: Continuous internal testing helps us identify and rectify compliance issues proactively. At B9, we're not just meeting regulatory requirements; we're building a trustworthy and customer-centric financial ecosystem. Our commitment to compliance ensures that we lead by example in the fintech industry. #banking #compliance #managemen #markets #fintechs #innovation #startups #investing #customerrelations

?? Scammers are hitting a wall now!

?? What's the secret sauce behind our B9 engine? It's our data infrastructure. It's not just a collection of technologies; it's a strategic asset that empowers us to innovate, adapt, and thrive in the ?? fast-paced fintech ecosystem. ? What We Use: We've got a mix of a Data Lake, a Data Warehouse, and BI tools working together. ? Staying Updated: We keep things real-time, so we always know what's up with our important data. ? Making Data Smarter: Our ETL/ELT pipelines are like data chefs, spicing up our Data Warehouse with more info for a fuller picture. ? Insights on Tap: With our tools, we can dig into the data and make smart choices that really move the needle for our business. ? Deep Dives: We can handle all sorts of data, getting the lowdown on customer habits and making things better for them. ? Quick on Our Feet: Real-time data lets us spot trends and behavior fast, so we can tailor our stuff to what people want. ? Watching for Trouble: We're on the lookout for fraud early on, keeping our customers safe. ? Keeping Track: Every action in our system is logged, so we know what's going on and can fix things quickly if needed. #getjob #hiring #markets #fintechs #banking #usmarket

?? Risk management is key in B9's income-based advance product. Over the past two years, we've enhanced our strategies, resulting in stable risk performance with losses as low as 4.6% of ?? dollars funded. B9's commitment to data-driven risk management strategies has improved the reliability of our income-based advance product, positioning us as a leader in the industry. For risk mitigation we use a mix of traditional and innovative tools: ? Payroll Data Analysis: Clients sync their payroll, providing rich, up-to-date data. Online scoring algorithms analyze this data for instant eligibility assessments. ? Anti-Fraud Management and Credit Analysis: We use alternative data sources like device information and social media data to assess creditworthiness and detect fraud. Cluster modeling helps identify patterns and group similar entities, enhancing fraud detection. ? Proprietary Machine Learning Algorithms: Algorithms forecast future payroll advance worthiness and default probabilities based on past behavior. This approach reduces the risk of false positives and negatives in credit evaluations. #fintech #banking #markets #hired #usmarket #startups

Exploring New Horizons with B9's Global Vision! ?? At B9, we're excited about the prospect of expanding our reach into new territories. Our diverse and talented team, spread across seven countries, is our greatest asset as we explore these opportunities. ?? With a rich blend of cultures and backgrounds, we bring a unique perspective to every market we consider. From our beginnings with just five people in 2021, we've grown to a robust team of 60, each member contributing their unique skills and experiences from various corners of the globe. ?? As we venture into new markets, we're leveraging our collective past experiences in the Americas, Southeast Asia, and Eastern Europe. Our growth is not just in numbers, but in the depth of understanding and innovation we bring to the table. ?? At B9, we're united by our differences, embracing a culture of inclusivity and collaboration. Our leadership is committed to fostering a sense of unity and connection, recognizing that our diverse perspectives are what drive us forward. ?? As we look to the future, we're excited about the new challenges and opportunities that lie ahead. Staying true to our core values of diversity and teamwork, we're ready to make our mark on the global stage. Let's keep moving forward, together. ?? #B9 #GlobalExpansion #TeamDiversity #Innovation #Collaboration #gethired #techjobs #jobs

B9 is all about options. Want your cash advance fast? There's a fee. Can wait a day or two? Enjoy free withdrawals, transfers, and more. ?? How to Rock B9 Without Spending a Penny: ? Instant Cash: Get a cash advance on your B9 Visa Card fast and without extra fees. ? Cash Back Fun: Use your B9 Visa Card for up to 5% cash back on entertainment and dining. This will offset your subscription fee. ? Free Transfers: Need to move money? Use the B9 app to send funds to another bank account for free, with a 1-2 day turnaround.

Is there a potential for growth in the income-based advance (IBA) sector? B9, Inc. has recently reported results of its second full year of business. We've hit positive EBIT during this period, with significant growth in IBA issuance and revenue from our banking products. We grew in all key verticals and provided support for over $200 million direct deposits customers channeled via our platform. The B9 Visa?Card for online and offline transactions benefited from a 67.8% year-on-year increase in transactional volumes to $149.9 million in the period.